• Photo: MLP


Artikel Nummer: 41004

Strong quarter for real estate

MLP Group, a developer, owner and manager of industrial and logistics parks, continued its positive trend in the first quarter of this year, as is shown in its Q1/2022 results.


The value of investment property increased by 5.3% to around EUR 774.5 million and consolidated revenue amounted to EUR 13.5 million, which corresponds to an increase of 25.3% compared to the previous year.


At the same time, the operating result increased by 59.4% and reached EUR 12.6 million. The group generated a net profit of EUR 6.4 million in Q1/2022, almost twice as much as in the same period last year.


The MLP Group's strategic goal is to expand its business in Poland as well as in the German, Austrian and Romanian markets. The company is also planning gain a foothold in the Benelux countries and Hungary in the future. (sh)




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