Otis Spencer, CIO of P3 Logistic Parks, says: “The market has heated up considerably, but relying on our investment expertise we still see many attractive opportunities. In the next XX years, P3 plans to grow through further expanding its development business, and seeking investment opportunities – both large, European-wide portfolios, as well as the smaller single-asset deals within a local market. We want to provide our customers with the right skills and attitude to achieve excellence, and at the same time offer a great place to work for the best talents.” Our greatest strengths lie in our long-term view in terms of investment, development, and ownership of the properties we operate and in our full range of services, from procurement and construction to asset and property management.

We are an international company that is truly on the ground in different markets, and that is unique for investors. P3’s growth has been buoyed by favorable market conditions for logistics space providers, including the accelerated adoption of eCommerce, and the evolution of customer shopping habits.įrank Pörschke, CEO of P3 Logistic Parks, says: “P3 has grown to a dynamic and exciting company with aspirations to become THE leading investor in logistics real estate in Europe. Since that time, the company has almost doubled in value to where it stands today, ~€ 7 billion, and has developed ~1.8 million m² of new warehouse space, with a current pipeline of a further 800,000 m². P3’s dynamic growth trajectory has been characterized most strongly since 2016, when the company was acquired by GIC, the sovereign wealth fund of Singapore. More than 450 tenants from the retail, eCommerce, traditional 3PL and automotive sectors serve the needs of their customers from a P3 property. Today, P3 has ~6.3 million m ² of high-quality warehouse space in 11 European markets. Originally founded in Prague, Czech Republic, at the turn of the millennium, P3 has grown from humble beginnings to a Top 5 European logistics real estate player. Expo Real 2021 marks the celebration of 20 years of operations for investor-developer P3 Logistic Parks (“P3”).

Prague, Czech Republic | 11th October 2021.

Accelerating growth through investment and development.

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