We are pleased to announce that we advised StudentSpace, a platform for private dormitories launched by Signal Capital Partners, Griffin Capital Partners and Echo Investment, on the purchase of land for a new project involving the construction of a private student dormitory (Purpose-Built Student Accommodation) in Kraków.
Designed to accommodate 630 students, the new dormitory will be located on aleja 29 Listopada, in a quickly developing post-industrial district of Kraków situated near the Hugo Kołłątaj University of Agriculture, with excellent transport connections to other universities in Kraków.
Echo Investment will develop the project. It has already obtained the necessary building permits and commenced preparatory work. The building is to be completed before the beginning of the 2025-2026 academic year.
Legal advice on the transaction was provided by Piotr Fedorowicz (partner and the head of the real estate practice), Karolina Bąkowska (counsel) and Agnieszka Jabłońska – Zachwieja (associate).