26.08.2022
Artikel Nummer: 41797
Boom of logistics real estate unbowed
MLP Group, which owns and manages logistics, commercial and industrial parks in Germany, Austria, Poland and Romania, saw its figures improve in H1/2022. Its 2.1 sqm investment property is now worth more than EUR 905.6 million. This corresponds to an increase of 25% compared to the previous year.
While consolidated income rose by 26% year-on-year to EUR 25.8 million, net rental income grew by 22% to EUR 19.5 million. The group posted an operating profit of EUR 124.3 million, an increase of 181%.
"Despite the difficult economic and political environment, we have signed leases for 214,000 sqm, which is around 91% more than in H1/2021," says Radosław T. Krochta, CEO of the MLP Group. (sh)