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    MLG   PLMLPGR00017

MLP GROUP S.A.

(MLG)
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Delayed Warsaw Stock Exchange  -  05/24 11:55:42 am EDT
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MLP S A : European leader becomes new tenant at MLP Poznań West

01/27/2022 | 04:09am EDT
Reka Rubber Polska, Europe's leading manufacturer of rubber products and rubber and silicone hoses, will be joining MLP Poznań West as its new tenant. The company will receive almost 2,000 sqm of modern warehouse space. Assisting the tenant during the negotiations was a team of Rock Estate, a real estate agency.

Reka Rubber has signed a lease agreement with MLP Group to occupy approximately 2,000 sqm of warehouse space. Delivery of the finished facility has been scheduled for the beginning of the second quarter of 2022.

The project is being built according to the latest trends in the warehouse property market and will meet BREEAM certification requirements. The general contractor is W.P.I.P., a company with a long track record of building warehouse development projects.

The warehouse will be equipped with LED lighting, Interact by Signify, which allows adjusting the way the lamps work to the nature of the tenant's work. The lighting system uses daylight harvesting and presence sensors and can be controlled automatically.

Minimising carbon emissions is a priority for MLP Group. The developer has launched a programme to construct solar PV systems on the roofs of its warehouse facilities, with the first such unit being built at MLP Poznań West. Its capacity totals 482.40 kWp, which means it will generate some 500 MWh of green electricity per year, to be used mainly for own needs. The work is due for completion in February 2022. By installing PV power systems in its logistics parks, in addition to fully switching to green energy from PGE, MLP Group will also supply power to the grid, contributing to further carbon footprint reduction.

Reka Rubber Polska was established in Dopiewo in 2004 and is part of Finland's Reka Group. The company is experiencing rapid growth and is expanding its sales markets. Focusing on selected industries, it provides customers with highly specialised, quality products, including moulded rubber to metal products and rubber profiles.

'When establishing relationships with clients, their needs are our key priority. Working with a client, we search for solutions that are optimal for the short and long term. We partner with developers who are both fully professional and flexible in responding to client expectations. It is for these reasons we have recommended Reka Rubber the space offered by MLP. As in past dealings with this developer, the process went in a business-like and open-minded fashion, without undue delay. Both the client and our firm are very satisfied with this partnership,' said Barbara Stańczak Senior Industrial Advisor of Rock Estate.

'Our logistics centre in Poznań is extremely popular with existing and potential tenants. As demand for warehousing space is not losing momentum, our MLP Poznań West park is growing before our eyes. Apart from our commitment to environmental protection, we also seek to ensure comfort of the facility users. I hope the transaction with Reka Rubber is the beginning of a long-term relationship between our companies,' said Agnieszka Góźdź, Sales Director at MLP Group S.A.

MLP Poznań West is a state-of-the-art distribution centre conveniently located on the western side of Poznań, directly by the S11 expressway and only 7 km from the A2 motorway and S11 junction. It is also very close to the Poznań-Ławica airport. The project is being developed in line with current trends prevailing on the warehouse property market. The target tenant group includes primarily e-commerce, logistics, distribution and light industrial manufacturing companies. Ultimately, MLP Poznań West will offer approximately 150,000 sqm of cutting-edge warehouse and office space.

Disclaimer

MLP Group SA published this content on 27 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2022 09:08:02 UTC.


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Sales 2022 243 M 56,3 M 56,3 M
Net income 2022 201 M 46,6 M 46,6 M
Net Debt 2022 1 760 M 408 M 408 M
P/E ratio 2022 7,69x
Yield 2022 -
Capitalization 1 547 M 358 M 358 M
EV / Sales 2022 13,6x
EV / Sales 2023 11,5x
Nbr of Employees 29
Free-Float 34,7%
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