MLP Group achieved 186% year-on-year record growth in contract values during Q1 2026 while significantly expanding its leased space.
The estimated value of annualised rental income reached €3.8 million, compared to €1.3 million in Q1 2025. In terms of leased space, agreements covered 56,000 sqm, representing a 144% year-on-year increase from 23,000 sqm contracted in Q1 2025.
"In the first quarter of this year, we nearly tripled our contracted rent year on year. This is an outstanding result and one of the best quarters in our history," said Agnieszka Góźdź, Member of the Management Board & CDO at MLP Group. "Taking into account the agreements signed already in 2025, we had secured a 21% revenue increase at the very start of the year. We have now further strengthened this with record leasing performance in the first quarter."
Tomasz Pietrzak, Leasing Director Poland at MLP Group, added that the results reflect the company's consistent leasing strategy based on tenant diversification and focus on key European markets. "We continue to see strong demand, particularly from companies in light manufacturing, e-commerce and logistics, which are seeking modern space in well-connected locations," he said.
Alongside record leasing activity, MLP Group completed approximately 100,000 sqm of modern warehouse space in Poland and Germany during Q1 2026. At the end of the quarter, the company's portfolio exceeded 1.7 million sqm of warehouse space across European markets, with potential to expand to approximately 2.3 million sqm through its land bank.
