ARTICLES LABELLED WITH TAG logistics

News MLP Group reaches PLN 4.4 billion in assets
20
Mar
2023

MLP Group reaches PLN 4.4 billion in assets

by Property Forum
MLP Group has published its 2022 performance figures. The Group’s Net Assets Value (NAV) went up 37%, to just under PLN 2.5 billion (€532.6 million). The value of its investment properties rose 31%, to more than PLN 4.4 billion (€945 million). Consolidated revenue improved 39% yoy, to PLN 279.1 million (€59.5 million), driven by an increase in leased area combined with higher rental rates. Rental income from investment properties increased by 31%, to PLN 152.9 million. At the same time, the Group’s EBITDA (without revaluation of investment properties) improved by 47%, to PLN 135.1 million (€28.8 million). Last year, MLP Group earned PLN 422.4 million (€90.1 million) in net profit.
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News GLP completes Poznań Airport Logistics Centre
20
Mar
2023

GLP completes Poznań Airport Logistics Centre

by Property Forum
GLP has completed the third building at Poznań Airport Logistics Centre in Poland. This is the final stage of the project, which offers a total of more than 81,000 sqm of warehouse and production space.
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News Cushman & Wakefield to manage NREP's warehouse portfolio
09
Mar
2023

Cushman & Wakefield to manage NREP's warehouse portfolio

by Property Forum
Cushman & Wakefield has been appointed by BIK S.A. to manage a property portfolio comprising four logistics parks. BIK S.A. is a Polish logistics developer owned by investment fund NREP NSF IV and supervised by Logicenters – the logistics platform of NREP. Cushman & Wakefield will provide integrated asset management solutions including financial and accounting services and ESG strategy execution advisory for Logistics Centre Kraków I, Logistics Centre Kraków II, BIK Park Sosnowiec II and BIK Park Wrocław I, with a combined leasable area of around 80,000 sqm.
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News Garbe Industrial Real Estate continues to expand in Europe
09
Mar
2023

Garbe Industrial Real Estate continues to expand in Europe

by Property Forum
Garbe Industrial Real Estate is moving ahead with its Europe-wide expansion, benefiting from the persistently strong demand for logistics space. For the 203 assets under its management with around 5.7 million square metres of lettable area (including open space), the company achieved rent increases averaging 11.7 percent through indexation provisions and by negotiating new lease agreements. The occupancy rate of the portfolio equals 98 percent. Moreover, the company responded to demand across Europe by delivering new sustainably designed logistics properties.
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News Polish warehouse market to get more expensive in 2023
08
Mar
2023

Polish warehouse market to get more expensive in 2023

by Property Forum
The Polish warehousing market in 2022 remained in good condition. By the end of December 2022, more than 4.4 million sqm (+42% y/y) of new space was completed, corresponding with strong activity by tenants, who leased nearly 6.7 million sqm (-9 y/y). Another 3.4 million sqm is under construction (-25% y/y), which promises to surpass the 30 million sqm mark in 2023. The high absorption rate did not significantly affect the increase in the vacancy rate, keeping it at 4.1% (+0.2 bps y/y). The event of the year was undoubtedly the rising rental rates, which increased on average by 15-20% compared to previous years, according to Axi Immo's recent report.
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News Żabka completes huge warehouse park near Warsaw
08
Mar
2023

Żabka completes huge warehouse park near Warsaw

by Property Forum
Żabka Polska is preparing to open a new logistics centre in Małopole by Radzymin near Warsaw. It will be one of the largest and most innovative logistics centres in Europe. The launch of the new facility with an area of approximately 60,000 sqm is planned for the second quarter of 2023. Thanks to this investment, more than 600 people will find work in the region - employed directly by Żabka or in companies cooperating with it. 
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News GLP strengthens its position in the CEE region
08
Mar
2023

GLP strengthens its position in the CEE region

by Property Forum
GLP has been operating in Central Eastern Europe for nearly three years. In that time, it has doubled its portfolio in the region, with a total of nearly 2.5 million sqm of building assets currently under management in Poland, the Czech Republic, Slovakia and Hungary. The company is planning new ventures that will reinforce its position among the region’s leading logistics real estate investors, developers and managers.
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News 7R to develop 7R City Park Gdańsk Airport I
07
Mar
2023

7R to develop 7R City Park Gdańsk Airport I

by Property Forum
7R has started construction of a new facility in Pomerania. 7R City Park Gdańsk Airport I will ultimately provide three halls with a total area of about 40,500 sqm. Pekabex is the general contractor for the project.
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News Warehouse supply in Poland hits 4.4 million sqm
07
Mar
2023

Warehouse supply in Poland hits 4.4 million sqm

by Property Forum
According to a new report prepared by Newmark Polska, 2022 was a record-breaking year for new warehouse and industrial completions in Poland, with occupier activity remaining relatively strong amid a gradually shrinking development pipeline.
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News MLP Group launches new project in Zgorzelec
06
Mar
2023

MLP Group launches new project in Zgorzelec

by Property Forum
MLP Group is set to begin the construction of a new logistics centre in the southwestern part of Poland. The target space of the facilities to be delivered at the MLP Zgorzelec park, located right by the borders with Germany and the Czech Republic, will total approximately 50 thousand sqm.
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Latest news


New leases

  • Industrial developer CTP has leased 2,800 sqm to the food supplements manufacturer Sun Wave Pharma in the industrial park CTPark Bucharest South, located in southern Bucharest.
  • INATECH Packaging, the protective packaging and insulating materials supplier, has leased 2,300 sqm of office and warehouse spaces in CTPark Oradea Cargo Terminal.
  • SIDE GRUP, the Romanian distributor of cleaning and hygiene, has leased 1,500 sqm in CTPark Oradea Cargo Terminal. The deal was brokered by real estate consultancy JLL.

New appointments

  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.
  • Michał Kloch was appointed as Cost Management Lead, Poland in the Project & Development Services team of Cushman & Wakefield with effect from 1 March. In his role, he heads a team of quantity surveyors and is responsible for oversight of construction costs during all project delivery phases and for preparation of cost analyses and reports.
  • Two people have joined the REINA Company. Since February this year, Michał Baranowski acts as Business Development Manager and Joanna Turalska supports the work of the team as Leasing & Team Coordinator. REINA Company specialises in comprehensive transactional and echnical consultancy for organisations using office space.


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