Digging those digs

The private student hall market in Poland had until recently been too small to attract foreign institutional investors, but this now all seems set to change. The first large portfolio has already been put together for the Student Depot platform, which is owned by Griffin. This will continue to be added to, but – and although the company has so far declined to comment on this – according to market sources negotiations are being finalised for its sale to a Western fund that believes it has identified a stable source of income in this sector in Poland. Gent Holding also has significant development plans based on the employment of Western capital, as it seeks financing from international institutional investors. Kamil Kowa, a member of the management board of Savills in Poland, says that right now many investors from, for instance, the UK, Germany, Austria, Spain, the US, Japan, Singapore, the Middle East and South Africa: “We will be hearing about the first few deals thi