StudentSpace, a student housing platform, has secured PLN 177.8m in financing from Bank Pekao S.A. to support the development of three modern student dormitories in Kraków. Since its inception in 2024, the platform has actively acquired land for future developments. It is currently delivering three projects across two locations in Kraków, which will be ready to accommodate over 1,200 students starting from the upcoming academic year.
These new developments respond directly to the growing demand for high-quality student accommodation in Kraków, driven by an increasing number of both domestic and international students. The three buildings - one located at 29 Listopada Alley and two on Wita Stwosza Street - will collectively add approximately 1,200 beds to the city’s student housing stock. The facilities will offer modern, comfortable living spaces and communal areas, with convenient access to Kraków’s leading academic institutions.
Marek Obuchowicz, Senior Partner at Griffin Capital Partners, says: “A year ago, together with our partners, we launched StudentSpace with the ambitious goal of delivering 5,000 beds within the next 3 to 5 years. Over the past few months, we have made significant progress, with three projects already underway in Kraków and three more in the pipeline in Warsaw. Our secured and approved project portfolio now exceeds 2,800 beds. We are grateful to Pekao S.A. for their continued trust and support, and for sharing our belief in the long-term potential of the student housing sector in Poland.”
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 Capital Partners, 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, Vice President Finance at Griffin Capital Partners and Oskar Miller, Finance Manager at StudentSpace led the transaction on the StudentSpace side.
