The European Bank for Reconstruction and Development (EBRD) has extended an additional €25 million loan to Resi4Rent, Poland’s largest institutional rental housing platform, bringing its total investment in the company to €100 million. This funding aims to support Resi4Rent’s expansion across Poland, addressing the country's housing shortage and promoting sustainable development.
Resi4Rent currently operates over 5,800 subscription-based rental apartments in major Polish cities, including Warsaw, Wrocław, Kraków, Poznań, Łódź, and Gdańsk. The company plans to grow its portfolio to 10,000 units by 2026. The EBRD's financing will assist in developing new properties that meet high environmental standards, targeting BREEAM In-Use "Very Good" certification.
Vlaho Kojakovic, EBRD's Head of Real Estate, stated, “This investment reflects our commitment to addressing housing affordability and promoting sustainable, inclusive solutions across our regions.” He emphasised Resi4Rent's role in professionalising Poland's rental housing market and its responsible approach to social and environmental issues.
Resi4Rent is a joint venture between PIMCO and Echo Investment, with PIMCO holding a 70% stake and Echo Investment holding a 30% stake. The EBRD's continued support underscores its strategy to back projects that enhance access to quality housing while adhering to environmental and social governance standards.
