P3 Wins Prestigious “CEE Investor of the Year” Prize at CEEQA Awards

06/05/2015

P3 Logistic Parks, the owner, developer, and manager of European logistics properties, won the top “CEE Investor of the Year” prize at the prestigious Central & Eastern European Real Estate Quality Awards (CEEQA) in Warsaw. The award followed the most active year for acquisitions and development in the company’s history.

The winners of the CEEQA Awards, which are open to nominations from 18 countries, are selected by a jury composed of respected and experienced specialists from leading companies in the field. The jury's decisions are supervised and audited by the global consultancy company Deloitte.

Ian Worboys, P3 CEO, said: “I’m honoured that P3 has received this award, which is a recognition of the company’s entire team as a group of exceptional logistics professionals who love the warehouse business. Thanks also to the strong support of our investors, TPG and Ivanhoé Cambridge, we have enjoyed a remarkable pace of expansion not only in CEE, but also in other markets, such as Italy, for example. P3 is one of Europe’s leading long term logistic warehouse owners, servicing clients through providing, or developing space according to their requirements, in a wide range of geographical locations.”

The gala ceremony in the Polish capital was attended by around 600 guests from the ranks of the owners and executives of regional and international companies from 40 countries.

Peter Bečár, P3's Managing Director for Central and Eastern Europe, said: "The CEEQA Awards are some of the most prestigious in the field of commercial real estate development and investment in the fast growing Central and Eastern European region, where P3 has been extremely active over the past year. We very much appreciate the endorsement of our strategy in these markets by the CEEQA Awards jury, although P3’s pan-European platform now spans the continent from Madrid to Bucharest."

The majority of P3’s acquisitions last year were made in CEE markets and particularly the Czech Republic. The company also carried out new construction projects for clients in the region totaling nearly 106,000 m².

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