Stokado owned by Redefine Properties (RDF), Griffin Capital Partners and the founders, has started construction of a new, state-of-the-art self-storage facility in Krakow. Spanning 5,000m2 of Net Leasable Area (NLA), this facility will be the first BREEAM-certified self-storage building in Poland and marks Stokado’s first development project since its acquisition by Griffin and Redefine in 2023.
Strategically located on Sosnowiecka Street in Krakow, near major retail outlets and residential areas, the new Stokado facility will offer flexible storage rental options for both individual and business customers. This modern, fourth-generation self-storage building is designed with customer convenience in mind, featuring solutions.
Pieter Prinsloo, Chief Executive Officer at Redefine Europe BV, said: "The four leading European markets – the UK, France, Germany, and Spain – make up 68% of the total number of self-storage spaces in Europe. In Poland, there is 4,600m2 of self-storage space per million inhabitants, which is 17 times lower than in the UK, 4 and 6 times less than in Germany and Spain respectively. This indicates that the Polish market is still in its early stages of development. We believe that our partnership with Griffin and the founders of Stokado, Klaudiusz and Dawid Bechcicki will enable Stokado to quickly become the market leader, setting standards and trends in the industry. Our new investment in Krakow, which will be the first self-storage facility in Poland to receive BREEAM certification, demonstrates our commitment to this strategy."
Hubert Rossa, Senior Vice President Investments at Griffin Capital Partners, added: "Stokado is one of our newest platforms, so we are delighted to be already launching our first development project. Alongside the Krakow facility, we have already secured other sites for construction in Krakow and in Warsaw that we will start building still this year.”
Construction is expected to be completed in Q3 2025.
Image provided by Grayling.
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