MLP Group recorded an increase in leasing activity in 2025, reflecting continued demand for logistics and industrial space across its core European markets. Over the course of the year, the Group leased a total of 363,200 sq m of space, representing an increase of around 20% compared with the previous year. As a result, the vacancy rate at year-end declined to 4.5%.
Leasing activity was supported by the signing of 56 lease agreements, including contracts with 39 new tenants, while the remaining transactions related to lease renewals with existing occupiers. According to the company, demand was driven primarily by tenants seeking modern logistics facilities in established locations.
The higher leasing volume translated into improved portfolio indicators. The vacancy rate decreased from 8% as at the end of September 2025 to 4.5%, while the weighted average unexpired lease term (WAULT) extended to approximately 7.8 years, increasing the visibility of rental income.
Radosław T. Krochta, Chief Executive Officer and President of the Management Board of MLP Group S.A., said the results reflected the company’s focus on its core European markets and a business model designed to perform across different market cycles. He added that leasing activity in the second half of 2025 was particularly strong and that the Group intends to continue expanding in key locations in 2026.
Looking ahead, MLP Group plans to launch new projects in Poland, including in Wrocław, Rzeszów, Warsaw and Poznań. International expansion is also set to continue, with planned developments in Germany and Austria. The company is preparing to commence projects in Munich, Hamburg and the Düsseldorf area, while also securing additional land in Hamburg and Munich to support future development from the second half of 2026.
MLP Group operates in Poland, Germany, Austria and Romania, developing Class A logistics parks ranging from urban logistics facilities to large-scale warehouse and industrial projects. The company states that its developments are delivered in line with ESG standards, with a focus on energy efficiency and long-term operational performance.