Launching the construction of three new parks in Poland and simultaneously debuting on the German market with two parks opening in the country – these are MLP’s ambitious plans for H1 2015. A year ago you said that you would double the total area of warehouses from 350,000 sqm to 700,000 sqm within three years. Has anything changed?
Radosław T. Krochta, CEO and vice-president of the board at MLP Group: We have a great chance of executing the plan a year in advance by reaching 700,000 sqm this year. Last year was a record one for us, when we signed contracts for app. 200,000 sqm. H1 2015 also looks very promising. We are planning to sign contracts for app. 100,000 sqm. You need to remember that the entire Polish market equals app. 800,000–900,000 sqm per year so our 200,000 sqm per year is a very good result, putting us in the position of market leader.
What are you planning to do next?
We are quite focused on our expansion on the German market and we will probably make an investment there in Q1 or Q2 2015. These will be parks with several dozen thousand square metres. We want to build a strong position on the German market.
Are many tenants interested in German warehouses?
Yes, there are. We are now in advanced negotiations with potential tenants
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