Take-up for apartments for rent in Poland continues to grow

by   CIJ News iDesk II
2020-02-06   09:45
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While barely 15 percent of the population of Poland rents, take-up for apartments for rent is growing year-by-year, according to a recent report published by Resi4Rent. The residential platform for medium- and long-term rentals opened two projects in Wrocław and Łódź last year that offer more than 520 apartments. Another 1,800 units will be completed by the end of 2021. “The year 2019 proved to be crucial for us. We have become the up-and-running platform with hundreds of clients who are encouraged by an idea of seamless rental with no agents nor provision. We have completed construction of two projects, and we are in the process of moving in our tenants. Day in day out, we can see more clearly that the take-up for long-term rental of apartments in Poland is very high and is still growing. It can be proved by the fact that our first project is nearly 50 percent leased in just a couple of weeks from putting into service. It is an unusual result on the institutional rental market and our great success,” said Sławomir Imianowski, CEO of Resi4Rent.