GLP has a real estate portfolio of almost 2.5 million square meters in Central Europe

By: Trademagazin Date: 2023. 03. 15. 10:09

GLP has doubled its portfolio in Central Europe in almost three years, so it has almost 2.5 million square meters of real estate in Poland, the Czech Republic, Slovakia and Hungary, the company told MTI on Monday.

GLP’s property portfolio in Hungary is 220,000 square meters in the company’s logistics parks in Üllő, Gyál and Szigetszentmiklós.

According to the announcement, GLP’s Central and Eastern European real estate portfolio, which consists of 64 buildings, is almost 100 percent leased. Leading e-commerce, FMCG, logistics and automotive companies operate in them.

The company also plans to expand the parks and start new developments near Budapest, Bratislava, Wroclaw (Boroszló) and Katowice, in the 4 countries they see the potential for an additional one million square meters of real estate development.