Stokado, the second largest operator on the Polish self-storage market, owned by Redefine Properties, Griffin Capital Partners and the founders, has opened a new self-storage facility in Kraków.
The warehouse located at Nowohucka Street is Stokado's second asset in the city and marks another step in the platform's continued expansion across Poland. Comprising more than 600 storage units, the facility offers over 3,200 sqm of space.
"The Polish self-storage market is still at an early stage of development compared with Western Europe, which creates room for further growth. Projects such as Nowohucka enable us to build scale in the right locations while contributing to the quality of the self-storage sector in Poland," says Pieter Prinsloo, CEO at Redefine Europe.
Marcin Rękawiczny, Vice President Investments at Griffin Capital Partners, adds: "We see this self-storage as a long-term opportunity, combining demand fundamentals with the ability to develop assets in urban locations. It is Stokado's third new location delivered in less than eight months, which illustrates the pace of platform's growth and the consistency with which we are building its presence."
The property incorporates solutions characteristic of fourth-generation self-storage facilities, with a focus on convenience, security and automation. Customers can access the facility 24/7 and open storage units, gates and entrance zones using a mobile application or an individual access code. The project has been designed with sustainability and energy efficiency in mind and has been prepared to meet the requirements of Breeam certification.