Join Craig Smith and Winston Norman on the Coffee with Craig Show for your daily dose of CRE news in the CEE region, brought to you by EuropaProperty.com.
Trademarc Sells Major Warehouse Near Warsaw
Trademarc, a key player in Poland’s logistics sector, has sold a 37,590 sqm warehouse near Warsaw. The facility, located in Teresin, was developed in phases and is fully leased to a distributor of well-known FMCG brands and small appliances. The warehouse boasts top-notch features like enhanced fire resistance, a controlled temperature zone, and sustainability certifications. Despite economic challenges in the EU, Trademarc remains optimistic about Poland’s logistics market, planning to reinvest in new projects. The sale amount and buyer details were not disclosed, but the transaction underscores the strong investor interest in Poland’s industrial hubs.
Auri Benatar, Executive Director at Trademarc Property Fund, commented: “The logistics market in Poland remains resilient despite temporary setbacks in the overall economic performance of the European Union. As one of the fastest-growing markets in Europe, Poland offers state-of-the-art and sustainable logistics facilities, attracting both reputable tenants and investors alike.”
Resi4Rent Expands in Wrocław with New Apartments
Resi4Rent, Poland’s leading private rental sector operator, is expanding its footprint in Wrocław with 290 new subscription-based apartments. Since launching in the city in 2019, Resi4Rent has become popular, with an impressive 98% occupancy rate. The new apartments are part of an expansion in the Wrocław Jaworska estate, which is known for its green facades and proximity to key city amenities. The estate now offers 681 modern, fully equipped units. CEO Sławomir Imianowski noted the high demand for quality housing in Wrocław and plans to grow Resi4Rent’s portfolio by over 50% this year, adding more than 2,000 units across Poland.
EBRD Backs Expansion of Romanian Retailer La Cocos
La Cocos, a Romanian discount food retailer, is set to expand its store network, thanks to a €10 million investment from the European Bank for Reconstruction and Development (EBRD) and private equity funds CEECAT Capital and Morphosis Capital. Founded in 2014, La Cocos operates in Ploiesti and Bucharest, offering competitively priced products to consumers and small businesses. The investment will help the company add a double-digit number of new locations over the next four years, strengthening its market position. EBRD’s Tamas Nagy praised the deal, highlighting the opportunity to scale an innovative retail model in Romania’s growing market.
