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Articles - warehouse space

MLP Group’s portfolio exceeds 1 million sqm

MLP Group presented the results for the first quarter of 2023. During the period, consolidated revenue rose 51% yoy, to PLN 94.7 million, driven by increases in both leased area and rental rates. At the same time, the Group’s EBITDA (without revaluation of investment properties) improved by 59%, to PLN 47.8 million. In the first quarter of 2023, MLP Group earned a net profit of PLN 26.1 million. Since the beginning of the year, the Group’s net asset value (NAV) has gone up 1%, to more than PLN 2.5 billion. The value of investment property also rose 1%, to close to PLN 4.5 billion.

SUUS strengthens its position in the West Pomeranian region and opens a new cross-dock warehouse in Koszalin

Rohlig SUUS Logistics, Poland's largest logistics operator, is opening a new cross-dock warehouse in Koszalin and significantly increasing its existing operational capacity. The company also relies on pro-environmental solutions in the new branch. This is another recent investment by SUUS in the West Pomeranian region. The logistics operator also recently opened a new facility in Szczecin.

Panattoni sells BTS in Uniejów to LCN Capital Partners

Panattoni has finalized the sale of a 33,000 sqm logistics centre in Uniejów, developed on a build-to-suit (BTS) basis. LCN Capital Partners has acquired its fourth facility within the K-Flex manufacturing campus from Panattoni. The price has not been disclosed.

Poland leads the EU warehouse market in terms of supply

According to a report by Newmark Polska, development activity across the EU continued unabated, with more than 20 million sqm of modern warehouse and industrial space coming onto the market in 2022. Poland topped the league table with close to 4.4 million sqm. Germany and the Czech Republic also reported high supply levels: over 2 million sqm and 1.1 million sqm, respectively. Poland is also on the podium in terms of demand.

7R completes expansion of warehouse park near Kielce

7R completed the expansion of 7R Park Kielce halls. The current tenant, myBOX Logistics, leased additional space and will thus occupy over 30 800 sqm in the project.

MLP Czeladź receives Excellent BREEAM rating

MLP Group has received an Excellent rating as part of the BREEAM International New Construction Version 6.0 Shell and core assessment for two buildings at the MLP Czeladź logistics centre.

Pananttoni starts construction of Park Tricity East III near Gdańsk

The developer has launched construction work on Panattoni Park Tricity East III, which on completion will comprise 44,300 sqm, of which 33,600 sqm has already been leased.

Panattoni starts construction of new building in Bielsko-Biała

Panattoni has started the development of a third building with an area of almost 40,000 sqm in the Panattoni Park Bielsko Biała IV park. As much as 22,000 sqm is to be leased by Polmotors. The company is to employ around 1,000 people in a factory, which is to serve markets across the globe. Upon completion, the Panattoni Park Bielsko Biała IV development is to comprise three buildings with a combined area of over 100,000 sqm. The complex is almost fully commercialised.

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