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P3 Logistic Parks’ CEO wins ‘Industry Professional of the Year’ 2016 CEEQA Awards

Date: 04/20/2016
Ian Worboys, the CEO of P3 Logistic Parks, one of the leading pan-European logistics real estate owners, developers and asset managers, has won the prestigious 2016 ‘Industry Professional of the Year’ CEEQA award. The awards are held annually in association with the Financial Times and are attended by over 700 of the sector’s key influencers and business leaders from more than 50 countries.

Now in its 13th year, the CEEQA Awards ceremony is one of the most significant events for recognising business achievement in commercial real estate investment and development in the CEE and SEE region as well as acknowledging the best buildings, companies and industry professionals each year. The CEEQA Awards judging panel consists of senior representatives of market leading companies operating within the CEE and SEE.

Worboys has more than 35 years of experience in the real estate sector and through his leadership P3’s portfolio has experienced significant growth. P3 has increased its customer portfolio from 98 to over 300 companies in nine countries and expanded its internal team from 48 to over 110 employees.

At the beginning of 2016, P3 had almost 220,000 m2 of warehouse space under construction in four countries across Europe, almost doubling its 2015 development total of 113,000 m2. In 2015, he masterminded the acquisition of a 467,000 m² portfolio in Poland and Romania, which grew P3’s asset base to over 3 million m² for the first time.

Other initiatives that Worboys has been leading on include the development of P3’s ‘next generation of buildings’, which offer a reduced environmental footprint and significantly lower occupation costs. The first prototype is a new 46,230 m2 Build-to-Suit warehouse at P3 Mszczonów park.

“I’m truly honoured to receive this award, which is an incredible recognition of the whole P3 teams’ hard work. Also with the confidence and support from our shareholders, TPG and Ivanhoe Cambridge, we have very successfully grown our business. In fact, 2015 was our busiest year since P3 was established in 2001 and we are continuing the momentum in 2016. I think our success is very much down to the passion we have for warehouses and our commitment to our customers. We know that if we can help our customers to achieve their goals and grow their business, we will also benefit” said P3’s CEO Ian Worboys.

NOTES TO EDITORS


P3 Logistic Parks is a specialist owner, developer and manager of European logistics properties. Active throughout Europe, P3’s asset base comprises 146 warehouses, totalling more than 3 million m2 of space across 9 countries and a land bank with zoning for 1.3 million m2 of potential development.

P3 currently owns the largest logistic park in Romania, P3 Bucharest park, acquired from CA Immobilien Anlagen AG at the beginning of 2015. This spring, the company will have 90,000 m2 in 3 buildings under construction at P3 Bucharest. Once these new warehouses are completed, P3’s total portfolio in Romania will have increased to circa 305,000 m2 of lettable space.

P3’s mission is to provide warehouse customers with a first rate occupancy experience in high quality assets in key logistics locations. P3 develops environmentally sustainable warehouses that meet the highest international standards.

PointPark Properties has adopted “P3” as a corporate brand and uses the trading name P3 Logistic Parks to reflect the company’s core business. You can find more information about P3 on our website www.p3parks.com.

P3 is owned by TPG Real Estate and Ivanhoé Cambridge.

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