Studentspace, a student housing platform, has secured PLN 215.8 million (approximately €50 million) in financing from PKO Bank Polski. The financing will support the development of two Studentspace projects in Warsaw, including the investment at Wołoska Street, which together will deliver approximately 1,100 student beds.
The transaction represents another step in the expansion of Studentspace and underlines the growing maturity of Poland's PBSA market. Following the launch of its first assets and the financing secured for the platform's projects in Kraków, Studentspace is strengthening its presence in Warsaw – Poland's largest academic city and one of the most undersupplied student housing markets in the region.
The financing from PKO BP will support the platform in further scaling its Warsaw portfolio while maintaining its focus on quality, sustainability and asset management. For students, the projects will provide access to purpose-built accommodation tailored to contemporary academic lifestyles.
Marek Obuchowicz, Co-Managing Partner at Griffin Capital Partners, says: "Poland's PBSA market is entering a new stage of growth, driven by strong demand fundamentals and a clear shortage of student housing. Having launched our first assets in Kraków, we are now focused on scaling Studentspace in Warsaw and delivering the same quality and community-driven approach in the country's largest academic market."
The company's current pipeline includes six projects spanning 2,800 beds - three in Kraków and three in Warsaw. The Studentspace investment platform was launched in March 2024 as a joint venture between Signal, Griffin Capital Partners and Echo Investment. Griffin Capital Partners acts as the investment and asset manager of the platform.
