Eurobuild Awards
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P3 Logistic Parks

CATEGORY
Warehouse Developer of the Year, CEE
P3 is a long-term owner-developer of European warehouse properties with more than 4.3 million sq.m. of assets under management and one of Europe’s largest land banks, which means P3 can offer customers premium options for developing the warehouse facilities they need, either through land bank or by targeting and purchasing new sites. P3 is one of the top five logistic owners and developers in Europe. P3 has operations in 11 countries and has been investing and developing in European markets for more almost two decades. Headquartered in Prague, P3 employs more than 150 people across 10 offices in key European cities, offering integrated land, construction and after-care services. P3 is wholly owned by GIC.
Name of the company
P3 Logistic Parks
Name of President or Managing Director for the region
Tim Beaudin, Chief Executive Officer
President or Managing Director for the region profile
Tim Beaudin has been CEO of P3 since October this year. Previously, Beaudin served as P3 Chairman of the Board since March 2018. Beaudin has taken over the management of P3, a developer and warehouse investor operating in Europe for nearly two decades, to build on the success of the company and support the P3 management team in their development plans. His extensive relevant industry and institutional experience complemented the strengths of P3’s senior management team.
REGIONS ACTIVE IN (IN WHICH COUNTRIES THE COMPANY OPERATES)
Poland, Czech Republic, Slovakia, Romania, Serbia, Bulgaria, Germany, Netherlands, France, Spain, Italy
Projects completed between October 2018 and September 2019
 Commencement on P3’s first G+3 warehouse in Europe; a 190,000 m² development for a leading eCommerce customer in Italy  The commencement of construction 58, 470 m² BTS development for PepsiCo in P3 Mszczonów, Poland  The commencement of construction on a 30,000 m² BTS development for Airbus in P3 Illescas, south of Madrid, Spain  The development of a 130,000 m² brownfield project, P3 Kamen, in Germany, with a 37,000 pre-let to Arvato  The installation of Virtuplex, by Etnetera, the largest B2B Virtual Reality experience in Europe, in P3 Prague Horní Počernice, Czech Republic  The commencement of the largest speculative development in Czech Republic, 60,000 m² at P3 Lovosice.  Development of new flagship park in Slovakia, P3 Bratislava Airport, with a 46,000 m² warehouse under development for retailer, Action  The acquisition of a 16-hectare site in northwest Bucharest, Romania, for an 80,000 m² logistic park
Value of the projects completed between October 2018 and September 2019
Non applicable
Size of the projects completed between October 2018 and September 2019 (GLA)
242 000 sq.m
Portfolio of all completed properties currently held by your company
Since its acquisition by GIC in December 2016, P3 has grown its portfolio in 11 European countries to 4.3 million m² of prime warehouse property, with available development land of more than 1.2 million m².
Value of the projects currently held by company (in EUR)
Non applicable
Size of the projects currently held by company (GLA)
4.3 mln sq.m
Properties sold between October 2018 and September 2019
Non applicable
Value of the properties sold between October 2018 and September 2019 (in EUR)
Non applicable
Size of the properties sold between October 2018 and September 2019 (GLA)
Non applicable
Projects in progress
Non applicable
Value of the projects in progress (in EUR)
Non applicable
Size of the projects in progress (GLA)
654 948 sq.m
Projects in the pipeline
1.2 mln sq.m
Please say why your company should be considered for the award
P3 is a long-term investor, developer & manager of logistics property. It aims to develop top quality warehouses to manage for years. Because P3 manages and maintains all its logistics properties, help customers optimize costs while ensuring that the facilities we provide are truly first class. P3 customer-focus is second to none - working in partnership with occupiers to help them achieve their business objectives, often through building expansions, lease renewals & new projects. P3 goal is to develop “Better Spaces” that are resource-conscious, performance-adding and brand-enhancing, thus addressing the real needs of customers and the communities. P3 has joined forces with leading organizations such as the World Green Building Council and the UN Global Compact to help customers understand how green and healthy spaces can enhance their business and brand. P3 provides customers with more than just space - provides a home for their businesses.
Company website
www.p3parks.com