MLP Group reported double-digit growth in key financial metrics in the first half of 2025, confirming the company’s consistent performance in the European logistics market. Consolidated revenue rose 10% year-on-year to PLN 207.1 million (€49.1 million), while EBITDA excluding revaluation effects increased 7% to PLN 106.2 million (€25.2 million). Net profit reached PLN 79.2 million, compared with PLN 281.6 million in H1 2024.
The fair value of investment property climbed 6% since year-end 2024 to PLN 5.8 billion (€1.37 billion), and net asset value rose 3% to PLN 2.8 billion (€664 million). Net asset value per share increased 3% to PLN 117.4 (€27.7).
In the first half of the year, MLP Group signed lease agreements for around 159,000 sqm. The company launched 275,000 sqm of new projects, with high levels of pre-leasing. MLP Pruszków II (40,000 sqm) and MLP Bucharest West (20,300 sqm) are fully pre-let, while MLP Poznań West (34,000 sqm) is 94% leased and MLP Business Park Vienna (54,000 sqm) has reached 50%.
“The industrial and logistics sector is steady and predictable, and this stability underpins MLP Group’s strength. By staying disciplined and consistent, we achieve double-digit growth and high commercialisation levels. In H1 2025 we leased more than 159,000 sqm, with 83% of the leased area already completed, bringing our standing portfolio to 1.5 million sqm,” said Radosław T. Krochta, CEO of MLP Group.
The company’s portfolio remains one of the youngest in the European logistics market, with 90% of assets developed in the past 10 years and over 60% in the last five. It now totals 1.5 million sqm of completed space and serves around 195 tenants with an average WAULT of eight years.
MLP Group’s expansion strategy focuses on city logistics projects in core European markets. Germany and Austria are expected to contribute more than half of leasing results in 2025 for the first time. The group plans to strengthen its position in Vienna, North Rhine-Westphalia, Brandenburg and Hessen, and to enter the Munich and Hamburg markets later this year. In Poland, upcoming projects include new developments in Bieruń, Rzeszów, Pruszków, Poznań and Łódź, with 75% of space already pre-let.
The company is also advancing its green strategy. By mid-2025, MLP had installed 8.7 MWp of solar capacity, with an additional 4.5 MWp to be delivered in the second half of the year. By 2028, all projects in the pipeline are expected to be fully operational.
