StudentSpace, a student housing platform, has secured PLN 215.8 million in financing from PKO Bank Polski S.A. 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 modern student beds.
The transaction represents another important 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 professional asset management. For students, the projects will provide access to purpose-built accommodation tailored to contemporary academic lifestyles. For the wider market, the transaction is another signal that PBSA is becoming an increasingly established institutional asset class in Poland.
Marek Obuchowicz, Co-Managing Partner at Griffin Capital Partners, says: “Poland’s PBSA market is entering a new stage of institutional growth, driven by strong demand fundamentals and a clear shortage of modern student housing. Having successfully launched our first assets in Kraków, we are now focused on scaling StudentSpace in Warsaw and delivering the same quality, operational discipline and community-driven approach in the country’s largest academic market. This second financing from PKO Bank Polski confirms the strength of the platform, the credibility of our execution capabilities and the long-term investment potential of PBSA in Poland.”
StudentSpace developments offer ergonomically designed rooms and modern interiors, as well as access to well-equipped shared areas, including gyms, quiet study rooms, workshop spaces, game rooms, and kitchens designed to encourage communal cooking and foster a sense of community among residents.
The Company’s current pipeline includes six projects spanning 2800 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 and aims to redefine the student living experience. The platform is committed to creating vibrant, safe, and inclusive communities that support academic success, personal growth, and a strong sense of belonging.
Griffin Capital Partners acts as the investment and asset manager of the platform. Artem Kovtun, Senior Vice President of Finance at Griffin Capital Partners, led the transaction on the StudentSpace side.
