Griffin expands dormitory market in Poland

Real estate developer Griffin Group has officially announced its intention to invest in Poland's dormitory  market. "Ultimately, we want to have 7,000-8,000 units in dormitories in Poland," proclaimed Przemysław Krych, Griffin Group CEO. "International students arrive in Poland, but they do not have any alternatives - the dormitories currently available are of a low standard. And this market is developing quite dynamically. Currently, we are preparing the next 1,000 rooms, which will be ready in October 2016. I am sure Griffin's scale in this sector will be really high," the CEO added. At the moment, Griffin Group has a student housing network named Student Depot, which offers rooms to rent in Lublin, Łódź and Poznań.