MLP mulls foreign expansion

MLP Group, a real estate developer, is considering foreign expansion. The first two deals are to be signed in the first half of 2015. “Apart from dynamic growth in the local market, we are considering foreign expansion. To begin with, we are analyzing the German market and we expect to sign the first contracts before the end of Q2,” Radosław Krochta, the CEO of MLP Group said in a press release. MLP is constructing six logistics parks: LP Pruszków I, MLP Pruszków II, MLP Tychy, MLP Poznań, MLP Bieruń oraz MLP Lublin, and the firm has several projects in preparation. MLP Group was set up in 1998 and specializes in building and managing modern warehouse space. The company leased ca. 256,000 sqm of office and warehouse space last year.