Demand for student housing nowadays is driven by demographic factors. Poland has one of the largest populations of students in Europe of 1.35 million. There are also more and more foreign students, which is a global trend. Currently, over 4.5 million people in the world study abroad. This number is expected to double by 2020.
The growing number of students, the shortage of places and the low quality of accommodation offered in public dorms, as well as the growing rents, have generated higher demand for private student houses, a new category on the residential real estate market. Both developers, as well as building operators, focus their attention on the segment. It is also popular with institutional investors, who see particularly attractive investment opportunities.
This new real estate sector is often referred to as the PBSA (Purpose Built Student Accommodation) and has been a separate area of research at REAS for several years. We conduct analyses of economic and demographic factors that affect the development of the student rental market and academic resources, covered in the Rental and Student Housing report or in the latest Residential Poland. Market Overview. We also monitor the development of this sector in Poland and Western European countries, where student housing has become popular with investors much earlier as an asset class distinguished by relative resistance to possible crises and having considerable growth potential. We also take part in conferences and debates devoted to investing in private dormitories, which allows us to actively contribute to the development and systematization of issues related to the housing offer for students.
Our team of experts also supports developers and investors, offering a wide range of services related to investing in private student houses, which include, among others: