Student Depot builds additional dormitories in Warsaw and Łódź

25
May
2023
News - Student Depot builds additional dormitories in Warsaw and Łódź #Griffin Capital Partners #Kajima #Łódź #Poland #rental #residential #Student Depot #student housing #Warsaw

by Property Forum | Residential

Student Depot plans to complete two new investments in Warsaw and Łódź in the autumn. Both student residences will open at the beginning of the academic year 2023/2024, thereby increasing Student Depot's portfolio by nearly a thousand beds. The new residents will find fully furnished rooms, coworking areas, multimedia rooms, as well as fitness zones.


Similar to other Student Depot projects, students will not only have access to rooms but also enjoy shared spaces such as fitness areas, work & chill zones, quiet study rooms, as well as multimedia, gaming, pool, and foosball rooms.

"Students appreciate the comfort and design of our rooms, as well as the attractive common spaces. Meanwhile, their guardians have the assurance that our buildings are secure with 24/7 protection. This offering caters to the needs of every student, and our student apartments are in high demand. Now, with new investments in Warsaw and Łódź, we will be even better prepared to meet the significant demand for higher-standard dormitories," says Jolanta Bubel, Managing Director of Student Depot.

"Entering the private dormitory market in Poland almost 10 years ago, we recognized a tremendous demand for such services. The construction of these two additional dormitories confirms the effectiveness of our forecasts and strategy. Last year, we opened our largest student residence in Kraków, with 795 beds. Thanks to the new investments in Warsaw and Łódź, our portfolio will grow to nearly 4,200 beds, and we have plans for further investments in Purpose-Built Student Accommodation (PBSA) buildings," comments Marek Obuchowicz, Partner at Griffin Capital Partners, responsible for the development of the Student Depot platform.

The investment in Warsaw is being carried out in collaboration with Kajima Poland, the general contractor for the building, and 4am Architekci, responsible for the design. Construction began in mid-2021, and the opening is planned for the beginning of the academic year 2023/2024 - however, students can already reserve their places.

The new residents will have access to classic single and double rooms, as well as single rooms in larger four-person apartments (shared kitchen and common area included). The building is located at the corner of Modzelewskiego Street and Wilanowska Avenue, right next to Wilanowska metro station, ensuring convenient access to the most important universities in Warsaw.

This is already the second Student Depot dormitory in Warsaw, following the one on Suwak Street, which opened 4 years ago.

Since March 2022, the company has also been working on its second investment in Łódź - a new building is being constructed on Wróblewskiego Street, right next to the Łódź University of Technology and Zatoka Sportu. From October 2023, students will move into modern single and double rooms with their own bathroom and kitchenette, with Murapol as the general contractor.

Similar to the student residence in Warsaw, the new residents in Łódź will have access to fitness areas, quiet study rooms, multimedia rooms, and a game room. This is another Student Depot investment in Łódź, following the dormitory on Wigury Street, which opened 6 years ago.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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