March 26, 2020

MLP makes first purchase in Łódź

MLP makes first purchase in Łódź

MLP Group acquired land property located in the Southeastern part of Łódź where it plans to construct MLP Łódź, an 80,000 sqm modern logistics and distribution centre.

The centre will be constructed on a land plot of ca. 20 ha, and its target leasable area will be about 80,000 sqm. It will provide state-of-the-art BTS warehouse space tailored to the needs of MLP Group customers. The new centre will be built in keeping with the principles of sustainable development, and the company’s storage facilities will be designed to comply with BREEAM certification requirements. The MLP Łódź logistics complex will focus primarily on tenants operating in the e-commerce, logistics, distribution and light industrial production sectors.

The construction of the new logistics centre will start in early 2021, and the first facility is planned to be placed in service in Q3 2021.

“MLP Group's strategic objective is to be present in Poland’s main regions, where we will be purchasing new plots so as to expand our presence there. We are likely to see a significant market slowdown in the near future, which is why locations in the proximity of large cities will play a major role. MLP Group does not fear such deceleration precisely because of its presence in strategic locations in Poland,” added Agnieszka Góźdź, Head of the Sales Department at MLP Group S.A.

MLP Łódź will be the 11th logistics park built by the company in Poland. Plans for this year include adding to the Group’s property portfolio a new project located near the airport in Vienna. The Group has also signed a number of reservation agreements to purchase new land for planned logistics centres in Poland, Germany and Austria. The existing and potential portfolio of properties managed by the company comprises a total of sixteen logistics parks located in Poland, Germany and Romania.

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