PL

Poland StudentSpace starts its operations in Kraków

Residential
StudentSpace, a student housing platform, launched earlier this year by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, announced the start of the construction of its first investments.

The company has secured two prime plots in Kraków for the development of two dormitories accommodating over 1,200 students. Looking ahead, StudentSpace plans to launch projects in Warsaw, with construction expected to begin next year. These are the first investments by StudentSpace, which aims to build 5,000 beds over the next three to five years.

The first location on ul. Wita Stwosza in Kraków will feature one dormitory accommodating around 600 students. The dormitory will be part of the larger development, which includes both office and residential spaces by Echo Investment and Archicom.

The second plot, situated at Al. 29 Listopada, will see the construction of a building housing for 630 students.

Poland is home to 359 universities and other higher education institutions, with a student body exceeding 1.2 mln, including over 105,000 international students. A significant issue for students in Polish cities is the limited availability of private-operated housing and poor quality of university-operated housing. The strength of the PBSA sector is driven by not only by growing number of international students, but also elevated expectations from the domestic sector.
Nebil Senman, Co-Owner and Managing Partner at Griffin Capital Partners

Echo Investment will be the developer of both Kraków projects. The company has already obtained building permits, and the development process has started, with the buildings expected to be completed ahead of the 2025/2026 academic year.

Building on our success in the PRS sector, we are now entering the expanding PBSA market in Poland. We plan to develop modern dormitories featuring a variety of amenities, including spacious rooms, communal kitchens, study areas, recreational spaces, and gyms. Our projects will also incorporate eco-friendly solutions such as solar panels and energy management systems, meeting the needs of both residents and investors. Our goal is to create environments that foster learning and social integration, catering to the growing demands of fast-developing academic cities.
Rafał Mazurczak, COO at Echo Investment

StudentSpace's investments extend beyond Kraków, with active projects already underway in Warsaw. One of them will be located in Mokotów district. StudentSpace aims to make this new development available to students by October 2026.

Latest news

Investment & finance

Poland Citylink sells land in Łódź to DSV

schedule 12 September 2024
Opr./edited by ANZ

CL Property, a Polish developer specialising in multi-functional industrial and logistics space, has announced a transaction with DSV for the Citylink Łódź project. A new DSV logistics centre will be built on the 5.7-ha property located on ul. Zakładowa.

ESG

Poland Green is the standard

schedule 12 September 2024
Opr./edited by ANZ

Warsaw has adopted a green standard to make urban construction more energy efficient and environmentally friendly. The capital is the first city in Poland to implement such a solution.

Investment & finance

Poland Upturn in offices and retail sector

schedule 12 September 2024
Opr./edited by ANZ

Technology

Poland Velis has a new name

schedule 12 September 2024
Opr./edited by ANZ

Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both refresh the company's image and unify its operations. Velis Real Estate Tech will remain the company's administrative name.

Residential

Poland AFI Home conquers Wrocław

schedule 11 September 2024
Opr./edited by ANZ

The AFI Home platform is making its debut in a third Polish city. The development on ul. Długa in Wrocław offers 232 furnished flats.

Warehouse & industrial

Poland Industrial Poland is going strong

schedule 11 September 2024
Opr./edited by JC

The Polish industrial and logistics market continues its strong growth momentum, reveals BNP Paribas Real Estate Poland in its latest report “At A Glance – Industrial and Logistics Market in Poland” for the Q2 of 2024.

Office & mixed-use development

Poland The French on The Bridge

schedule 11 September 2024
Opr./edited by JC

The French Institute has decided to change its Warsaw headquarters in September 2026. It has chosen the historical building of the former Bellona Publishing House, currently undergoing modernization as part of The Bridge.

Investment & finance

Poland Greykite debuts in Poland

schedule 11 September 2024
Opr./edited by JC

European Real Estate Fund has commenced its deployment programme with the acquisition of a logistics portfolio in Poland. Three multi-tenanted properties will form the initial investment in a EUR 300 million joint venture with White Star Real Estate.

Warehouse & industrial

Europe Panattoni offers its BTS services in the Baltic states

schedule 10 September 2024
Opr./edited by ANZ

Panattoni is planning to extend its operations to all three Baltic states but is to concentrate particularly on Lithuania. As part of the new strategy the company intends to unify its cross border services, which will allow its clients to take advantage of BTS solutions both in Poland and the Baltic states.

Office & mixed-use development

Poland IBC is getting healthy

schedule 10 September 2024
Opr./edited by JC

Siemens Healthineers has expanded its cooperation regarding office space lease with Deka Immobilien, the owner of the International Business Center complex in Warsaw.

Warehouse & industrial

Poland Cosmetics brand chooses MDC2 Park Łódź South

schedule 10 September 2024
Opr./edited by ANZ

MDC2 and Fortress Real Estate Investments have finalised the lease of around 25,000 sqm within MDC2 Park Łódź South. The tenant, Oriflame Holding, owner of the Oriflame cosmetics brand, will start operations at the new location in Q1 2025.

Retail & leisure

Poland Another Smart Park has been sold

schedule 09 September 2024
Opr./edited by JC

Newgate Investment has acquired a completed retail park in Zgorzelec with over 5,400 sqm GLA. The seller was Smart Park Poland.

Infrastructure

Poland Beyond.pl expands its colocation project for AI

schedule 06 September 2024
Opr./edited by ANZ

Beyond.pl, a data centre, cloud, and managed services provider and owner of data centres in Poland, is expanding its colocation project for AI, machine learning, and high-performance computing solutions launched in January this year. The company announced that it is working to increase the target capacity of its campus in Poznań by almost 2 times.

Public buildings

Poland Palm changes ownership

schedule 06 September 2024
Opr./edited by ANZ

The most famous palm tree in Poland will be owned by the Museum of Modern Art. One of Warsaw's best-loved art installations will soon undergo a major overhaul.

Warehouse & industrial

Europe Top destinations for industrial nearshore supply chains

schedule 06 September 2024
Opr./edited by ANZ

According to the 2024 Savills Nearshoring Index study, the Czech Republic is the second most attractive location for industrial occupiers looking to ‘nearshore’ supply chains. Portugal ranks first, Poland in third place, Sweden being fourth, and Japan rounding out the top five.

Residential

Poland Port Praski development concept

schedule 06 September 2024
Opr./edited by ANZ

Preparations are underway for the expansion of the Port Praski project. A housing estate and an attractive public space are planned along the quays of the former Warsaw port. The project will be evaluated by local residents as part of a dialogue about the investment.

Office & mixed-use development

Romania A considerable new demand rebound

schedule 05 September 2024
Opr./edited by ANZ

According to data from the Cushman & Wakefield Echinox, the net office take-up in Bucharest across Q2 exceeded the renewal and renegociation transactional volume for the first time during the last two years, with a positive impact on the average vacancy rate, given that no new office projects were delivered in H1.

Warehouse & industrial

Hungary VGP Park Kecskemét is ready

schedule 05 September 2024
Opr./edited by ANZ

VGP in Hungary has handed over its new premises to Linde + Wieman. The German automotive parts manufacturer occupies 16,000 sqm at VGP Park Kecskemét, in the central part of the country.

Retail & leisure

Romania One Gallery, one museum

schedule 05 September 2024
Opr./edited by JC

One United Properties is carrying out restoration works on the former Ford Hall in Bucharest, which will be modernized into a mixed-use space. In addition to offices and a food market concept, One Gallery will feature a museum area, as well as a multifunctional hall.

Investment & finance

Germany Garbe buys huge brownfield site in Lower Saxony

schedule 05 September 2024
Opr./edited by ANZ

Garbe, in a joint venture with a fund managed by BlackRock, has acquired a brownfield site of almost 200,000 sqm in Salzgitter, Lower Saxony. The joint venture wants to create large-scale logistics on the site. The construction of the property with a total floor area of 70,000 sqm is scheduled to start in Q1 2025 and to be completed in 2026.

Latest in Residential

schedule 11 September 2024

AFI Home conquers Wrocław

The AFI Home platform is making its debut in a third Polish city. The development on ul. Długa in Wrocław offers 232 furnished flats.

schedule 06 September 2024

Port Praski development concept

Preparations are underway for the expansion of the Port Praski project. A housing estate and an attractive public space are planned along the quays of the former Warsaw port. The project will be evaluated by local residents as part of a dialogue about the investment.

schedule 23 August 2024

StudentSpace starts its operations in Kraków

StudentSpace, a student housing platform, launched earlier this year by Signal Capital Partners, Griffin Capital Partners, and Echo Investment, announced the start of the construction of its first investments.

schedule 07 August 2024

Resi4Rent adds more to Wrocław

Resi4Rent, Poland's largest PRS operator, has launched 290 rental apartments onto the Wrocław market this year.

schedule 01 August 2024

Skycity to grow in Gdynia

Allcon is starting the development of the Skycity Gdynia mixed-use complex, of which a 120-metre-high tower will be a part. Construction of the complex will begin later in 2024.

schedule 15 July 2024

Not only for students

The Collegia Group is launching another investment in the Tricity. A complex that will combine the functions of a student house, hotel and service space will be built at Grunwaldzka Avenue in Gdańsk.

schedule 27 June 2024

A new investor for PBSA in Poland

A new player, roomies platform, has announced its entry into the private student housing market in Poland. The new investor aims to build a portfolio of more than 2,000 units over the next five years.

schedule 21 June 2024

Off Miasto is being built in Gdańsk

Invest Komfort has announced the development of a new project in Gdańsk. Off Miasto is to be built on a plot of ca. 56,000 sqm, and the usable area of the flats will be almost 55,000 sqm. Construction of the first stage has already begun. The entire investment will take several years to complete. 

schedule 13 June 2024

Low-rise buildings, high standards

Construction works begin on the new Bellemonde residential complex in Bucharest. The project will cover a land area of over 41,000 sqm and will feature 93 villas and 71 apartments.

schedule 28 May 2024

Zeitraum is officially opened

The Zeitraum private student house in Warsaw's Solec district has opened. In addition to 214 beds, the facility offers, among other things, a roof terrace, a cinema room and rooms for learning and integration.

schedule 22 May 2024

First residential units in Towarowa 22 project

The residential part of the Towarowa 22 project in Warsaw is taking off. Archicom is starting to sell flats in the first building under the Archicom Collection brand, which will stand in the immediate vicinity of the planned park.

schedule 22 May 2024

Phase III of The Level Apartments takes off

Romanian residential developer Redport Capital has announced the start of construction of Phase III of The Level Apartments. The project has received a building permit for 105 apartments to be developed with an investment of EUR 13 mln.

schedule 06 May 2024

Downtown Yards are for sale

135 of the 650 residences have already been sold in the pre-sale phase of JTRE’s new Downtown Yards project. The mixed-use neighbourhood in Bratislava is currently under construction.

schedule 25 April 2024

JTRE enters German market

Slovakian developer JTRE is launching its first project in Germany. The Nordhafen Living & Office multifunctional project will be built in the Europacity area in Berlin's Berlin-Mitte district.

schedule 17 April 2024

Berlin residential market report 2024

According to the Berlin 2024 Residential Market Report by real estate financier Berlin Hyp and real estate service provider CBRE, purchase prices have fallen, while pressure on the rental housing market continues to increase. As a result, rental prices are continuing to rise sharply.

schedule 04 April 2024

One United Properties moves into premium housing

One United Properties has concluded a memorandum of understanding with CPI Property Group for the acquisition of a 21 ha site close to the Eroii Revoluției metro station just south of Bucharest city centre. The project planned on the site should see the construction of round 5,000 housing units.

schedule 04 April 2024

Prefabricated for students

Solida Capital Europe and 1 Asset Management selected Pekabex for the execution of the purpose student housing PBSA project located in Puławska street in Warsaw.

schedule 03 April 2024

Poznań's new landmark may be established

Orpea Polska has sold a plot of land on the site of a former hospital on ul. Szkolna in Poznań. The new owner is AP Marchewka Investment from Wrocław, which plans to develop an urban-creating investment there in cooperation with the Vox brand.

schedule 11 March 2024

Bonarka Meadows has been sold

Revetas Capital has recently concluded the disposal of Bonarka Meadows in Krakow, a permitted residential development project, to Henniger Investment.

schedule 06 March 2024

More student dorms in Poland

Signal Capital Partners, Griffin Capital Partners and Echo Investment will launch a new student housing platform. Firstly, the joint venture is aiming to develop a portfolio of 5,000 student beds across key academic cities in Poland over the next three to five years.

Edition 7 (290) July 2024

Latest comments

Categories