MLP Group expects stable leasing in 2025 with improved margins

25 February 2025

MLP Group anticipates leasing a similar amount of warehouse space in 2025 as in the record-breaking year of 2024, when tenant demand reached approximately 305,000 m², according to company president Radosław T. Krochta. However, he emphasized that this year’s contract structure will focus more on higher-margin leases in the German and Austrian markets.

“Our excellent results last year were driven by our strategy of concentrating on major cities where demand is strongest and favorable market conditions. We are well-positioned to secure contracts in 2025 and 2026, and long-term demand remains promising,” said Krochta.

He added that while leasing volumes are expected to remain stable this year, a larger share will come from Germany and Austria, leading to higher-margin contracts that will positively impact 2025 financial results.

On 19 February, MLP Group announced that it had leased a total of 305,000 m² of space in 2024, with 225,000 m² from new lease agreements—an 82% increase compared to the previous year. During this period, the company gained 22 new clients, while 20% of total demand came from existing tenants.

“We are very comfortable with our goals, particularly given how we ended last year,” Krochta noted, reaffirming confidence in the company’s strategic direction.

On 24 February, MLP Group announced a new lease agreement with JD.com, one of the largest players in global e-commerce. Through its subsidiary, JD Logistics, the company has leased 9,600 m² of modern warehouse and office space at MLP Pruszków II, customized to its operational needs. The facility is set to become operational in March 2025, with full readiness expected by June.

“We continue to see strong growth potential in Pruszków. Our park is strategically located on the route between Warsaw and the planned Central Transport Hub (CPK). We believe this corridor will be crucial for future development, and many tenants recognize that the CPK will materialize sooner or later,” Krochta explained.

MLP Group is a developer, owner, and manager of logistics and industrial parks as well as business parks for light industrial production. It operates in Poland, Germany, Austria, and Romania. The company has been listed on the Warsaw Stock Exchange (WSE) since 2013 and is part of the sWIG80 index. In 2023, MLP Group reported consolidated revenues of PLN 360.8 million.

Source: ISBnews

If you would like your ad here, please  contact us.
LATEST NEWS