ARTICLES LABELLED WITH TAG MLP

News MLP Group posts strong quarterly results
23
May
2022

MLP Group posts strong quarterly results

by Property Forum
In the first quarter of 2022, MLP Group almost doubled its net profit, which came in at PLN 29.7 million, having increased 84% year on year.
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News MLP Group posts over €105 million in net profit
17
Mar
2022

MLP Group posts over €105 million in net profit

by Property Forum
MLP Group's financial standing remains very strong, as confirmed by the posted results for 2021. Last year, MLP Group’s net asset value (NAV) went up 51%, to PLN 1.82 billion (€396.7 million). The value of its investment property rose 46%, to around PLN 3.4 billion (€752 million). Consolidated rental income (i.e. revenue from the Group's core business) was PLN 196 million (€42.8 million), representing a nearly 15% increase year on year. At PLN 632.3 million (€138.1 million), operating profit surged 112% year on year, with a nearly threefold increase in net profit, to PLN 480.5 million (€105.0 million).
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News MLP Group breaks another record in leasing activity
28
Feb
2022

MLP Group breaks another record in leasing activity

by Property Forum
Polish warehouse developer MLP Group signed 48 contracts last year to lease a total of nearly 300,000 sqm of warehouse space, approximately 50% more than in the preceding year. The property portfolio managed by MLP Group has already exceeded 1 million sqm, with a further 2 million sqm under development.
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News Three big boxes of 90,000 sqm to be built at MLP Poznań West
19
Jan
2022

Three big boxes of 90,000 sqm to be built at MLP Poznań West

by Property Forum
The construction of three warehouses with a total area of more than 90,000 sqm, the largest of which will have a floor space of almost 50,000 sqm, has started at the MLP Poznań West logistics centre. They are scheduled to be completed in the third quarter of 2022. The role of the general contractor has been entrusted to W.P.I.P.
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News MLP Group launches Poland’s largest on-site solar PV project
11
Jan
2022

MLP Group launches Poland’s largest on-site solar PV project

by Property Forum
MLP Group is embarking on a project to build rooftop solar power systems at ten logistic parks making up its Polish property portfolio. The project has been contracted to Quanta Energy. The PV panels will cover an aggregate area of about 120,000 sqm, featuring a total capacity of 5.93 MWp. The project is scheduled for completion in the first quarter of 2023.
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News MLP Group releases three-year strategic goals
22
Nov
2021

MLP Group releases three-year strategic goals

by Property Forum
MLP Group has released its strategic goals to be met within the next three years to 2024. In line with the strategic plan, the period will see the company’s equity, or net asset value (NAV), double from €387 million in 2021 to €823 million at year end 2024. Significant growth in NAV is expected in 2022, driven mainly by the development of new projects in Germany and Austria, already fully secured.
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News MLP Group targets 1.4 million sqm portfolio
18
Nov
2021

MLP Group targets 1.4 million sqm portfolio

by Property Forum
MLP Group has released its consolidated financial results for the first three quarters of 2021, showing revenue of PLN 145.7 million, up 7% year on year. Net profit was PLN 202.2 million, having increased 35% year on year. Equity (net assets) rose more than 27% in the first nine months of the year, to PLN 1.54 billion, with gross investment property having advanced by 25%, to over PLN 2.9 billion.
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News MLP Group to issue bonds worth €20 million
28
Oct
2021

MLP Group to issue bonds worth €20 million

by Property Forum
MLP Group is set to carry out another bond issue worth €20 million. The debt securities will be issued on November 17th 2021 and repurchased on May 17th 2024.
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News Auto Partner to lease space at MLP Poznań West
05
Oct
2021

Auto Partner to lease space at MLP Poznań West

by Property Forum
The European distributor and importer of spare parts for passenger cars will join as a tenant at MLP Poznań West, leasing a facility with an increased height of 11.5 metres. The facility, planned to be delivered in the third quarter of 2022, will meet the requirements for BREEAM certification.
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News MLP Poznań West to expand to 150,000 sqm
14
Sep
2021

MLP Poznań West to expand to 150,000 sqm

by Property Forum
MLP Group, a developer operating on the warehouse property market in Poland, Germany, Austria and Romania, has added a further 10 ha to the land bank of its MLP Poznań West project. The target project area has thus increased to about 150,000 sqm, making it one of the region’s largest logistic sites.
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Latest news


New leases

  • The first building of 8,000 sqm of the fully sustainable logistic Garbe Green Park Piestany is already fully leased and the development process of the second building is starting soon.
  • Crown Square, an office building located near Rondo Daszyńskiego metro station in Warsaw, will welcome three new tenants: Foodcom (1,000 sqm), Orifarm (400 sqm) and Avenga (300 sqm). The landlord was advised on the transactions by real estate advisory firm Savills.
  • BIMs Plus Poznań, distributor of heating, ventilation and air-conditioning technology products as well as plumbing system and technology products has leased more than 4,700 sqm of space at the MLP Poznań West logistics park.

New appointments

  • Dorota Mielke has joined Office Agency team of BNP Paribas Real Estate Poland and taken the position of Associate Director. Her main task in the new role will be taking care of business development and advising on office strategies and space rental.
  • Dariusz Domański has been promoted to be a Managing Partner at White Star Real Estate in Poland. He will be responsible for Residential Development business of White Star Real Estate and White Star Residential Management operating businesses. Darek will also continue to manage White Star’s flagship project- Elektrownia Powiśle.
  • Mariusz Cieśliński has joined the Polish team of MNK Partners to take up the position of Investment Manager. In his new role, he will be responsible for supporting the investment processes of funds across Europe.


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