No room at the inn: Central Europe student housing crunch attracts investors [Reuters (UK)]
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Source: Reuters
No room at the inn: Central Europe student housing crunch attracts investors | Reuters 8 Min Read WROCLAW, Poland (Reuters) - Wroclaw’s hulking Soviet-era public dormitories held little appeal for Odysseas Savvas when he moved to the Polish city from Greece to study business at university. Instead, he opted for his own room and bathroom in a newly built private residence. “The other dorms were really old from the communist times and really simple,” Savvas, 19, said. “I couldn’t be comfortable sharing a room and a bathroom with four people.” Investors and developers sizing up the potential for new student housing projects in central and eastern Europe believe there will be many more foreign students just like Savvas willing to pay extra for their creature comforts. That’s why the company behind the new residence in Wroclaw which has a gym, private kitchens and big-screen TV in the communal area, is planning to quadruple the number of student housing projects it runs in the next two to
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