ARTICLES LABELLED WITH TAG PBSA

Zeitgeist Asset Management has received occupancy approval and a BREEAM certificate for its new mixed-use building, Zeitraum Racławicka 58, which combines serviced apartments and private student housing. The project addresses the growing demand for student and rental accommodation in Kraków.

Speedwell has secured its first loan in Poland — a PLN 100 million financing agreement with BNP Paribas Bank Polska for the development of Milestone Warsaw Mokotów. This project marks Speedwell’s first locally financed investment in Poland and the first purpose-built student accommodation (PBSA) in Warsaw under the Milestone brand.

Zeitraum has opened a new student residence at Racławicka 58 in Kraków’s Krowodrza district. The building offers 249 rooms (289 beds), mostly private studios with en-suite bathrooms and kitchenettes. Flexible lease terms allow stays from one month to a full year.

Around 75% of investors plan to increase their exposure to rental housing (PRS), purpose-built student accommodation (PBSA), and collective living solutions over the next five years, shows a survey by Cushman & Wakefield.

The largest private student residence in Poland has just changed ownership. Offering 775 modern accommodation units, Basecamp Wrocław will add to the portfolio of Xior. The price has not been revealed. 

Poland is one of the six largest higher education centres in Europe, ranking fifth in student population within the European Union and attracting an increasing number of international students. How many beds are available in the country’s student houses? How likely is private purpose-built student accommodation to meet the growing demand from the rising student population? These questions are explored in the latest report from BNP Paribas Real Estate Poland.

Kajima Europe has acquired Student Depot's third development site in Warsaw. This acquisition brings the total number of buildings operated and secured to 12, reinforcing Student Depot's position as Poland’s leading developer and operator of student accommodation.

Renata McCabe-Kudła, Country Manager at Grupo Lar Poland, talked to Property Forum about the current state of affairs in the Polish residential market, implementing the ESG standards in new projects and the development of the PBSA sector.

According to the 2024 European Purpose-Built Student Accommodation (PBSA) Investment Barometer, conducted by The Class Foundation and Savills, involving investors and operators with portfolios totalling over 132,000 beds across Europe, with an asset value of c.€25.3 billion, respondents expect to increase the number of beds they have by 70% over the next 2-5 years. 

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. Located near public transportation, these new dormitories will provide convenient access to universities and downtown areas, 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 3 to 5 years. The company also launched a website and brand identity.