INVESTMENT HIGHLIGHTS
- The Sponsor is a partnership formed by a renowned polish developer and American PBSA operator and developer. This is their second project together in Poland after successfully completing a 290 units PBSA development in Krakow.
- The Sponsor believes in the great potential for PBSA development Poland offers. While the student population percentage of 3.4% is in line with Western Europe (UK - 3.5%; Germany- 3.4%) the number of beds as percentage of students of 0.3% is significantly lower than Germany (9%) or UK (22%).
- The property is to be located opposite Koźminsky University which is well recognized Polish private University with over 8,000 students including over 1,500 international students. The location gives easy access to communication hubs like Central Station and Main Bus Station, as well as to the capital attractions. The great benefit of the location is the fact that the site is part of the general revitalization concept for the post industrial zone (former FSO facilities). Due to the above the whole area will be newly developed, which gives opportunity for the most efficient and functional solutions. To facilitate the plot size there is planned additional development on the back side of the property. The other part will be developed with residential for sale.
- The preliminary assumptions on the project mix are: around 650 beds located in 276 residential units dedicated for 1, 2 or 4 persons. Each of the units will be modern style, fully furnished, with kitchen facility and private bathroom. The 1 person units will be in majority.
- Following planning permit approval, the site is expected to receive construction permit shortly. The Sponsor is looking to sell the site at a price c. PLN 55m (€12.5m) or joint venture with a like-minded investor that is interested in participate in the unique development.
FURTHER IMAGES
No Images
VIDEOS
DEAL DATA ROOM
Here you can find the data room submitted by the sponsor for your due diligence. It will also appear in your BrixFlow Data Room in your Dashboard. If you don't have access you can request access in the Request Introduction section.
CONTENT RESTRICTED
SUBMIT A CHANGE TO THE CURRENT LISTING
Please fill the form below to submit a change in the current listing. Any changes submitted require the internal approval of the investment team. Alternatively you can submit your request by email to deals@brixflow.com quoting the deal number.
REASON FOR THE CHANGE
INTRODUCTION REQUEST
Please specify the information requested.