Record year of leasing for MLP Group

MLP Group signed 48 contracts last year to lease a total of nearly 300,000 sqm of warehouse space, approximately 50 percent 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. 

Most of the new leases were for space at the MLP Poznań West logistics park. New tenants leased nearly 76,000 sqm of new space there. The other transactions were for space at MLP Business Park Poznań, MLP Poznań, MLP Czeladź, MLP Pruszków I, MLP Pruszków II, MLP Business Park Berlin and MLP Bucharest West. 

“This past year was a very successful one for us. Looking at new leases only, we achieved an over 90 percent y/y growth in leased space. This means demand for warehouse space continues to soar. The figure also attests to our ability to deliver on the strategy that focuses on business expansion in our priority markets of Poland and Germany. Also, lease extensions and renewals were slightly above the prior-year level, showing the vast majority of our partners will stay with us longer,” Agnieszka Góźdź, Head of the Sales Department at MLP Group, noted.

(WBJ)