Strong year for MLP Group
The Polish MLP Group, a developer, owner and manager of commercial, industrial and logistics parks specialising in brownfield sites, has published its figures for the first three quarters of 2022.
MLP’s net asset value (NAV) is over EUR 498.5 million (PLN 2.4 billion). This corresponds to an increase of 33% compared to the previous year. The value of investment properties also rose by 33% to over EUR 958.2 million (PLN 4.5 billion).
In terms of consolidated earnings, the MLP Group was able to record growth of 35% to EUR 41.9 million (EUR 196.8 million) compared to the previous year, which can be attributed to an increase in the rented space and rents.
While the operating result improved by 164% to EUR 160 million (PLN 750 million), the MLP Group generated a net profit of EUR 112.2 million (PLN 526.1 million) in 9M/2022, about 2.6 times higher than in 9M/2021. (sh)