We are pleased to announce that we advised Stokado on the acquisition of the self-storage rental company Top Box. Stokado’s current leasable space stands at over 20,000 square metres. The acquisition of Top Box, including a building in a prime Warsaw location, allowed Stokado to enter the Warsaw market by contributing an additional 4,500 square metres to its portfolio. Griffin Capital Partners functions as a co-owner and the asset manager of the Top Box platform.
Griffin Capital Partners is the largest, as well as the most dynamic and innovative private investor and asset management firm in the private equity and real estate markets in Central and Eastern Europe.
Stokado is one of the leaders in the fast-growing self-storage industry in Poland, and is owned by Redefine Properties (Johannesburg Stock Exchange: RDF) and Griffin Capital Partners. The company currently stores the belongings of approximately 3,000 private and business customers and manages more than 25,000 square metres of NLA across 16 locations.
Top Box is a rapidly growing self-storage rental company in Poland.
The project team consisted of: Piotr Fedorowicz (partner), Marcin Maruta (managing partner), Patrick Koźliczak(associate), Engjell Sokoli (associate), Kamila Banaś (associate), Eryk Ryciak (associate) and Michał Żyłka (associate).
“We would like to congratulate our client on closing another successful transaction this year. We are delighted to support Stokado and the innovative concepts and formats they are bringing to the market. This time we assisted them with their expansion into the emerging and very promising self-storage industry.” – says Piotr Fedorowicz, partner and head of the real estate practice at Rymarz Zdort Maruta.