Warianty tytułu
Języki publikacji
Abstrakty
Purpose - to show the character of the private student housing market and to assess the development potential of this market in Poland from the perspective of the local Tri-City market.
Design/methodology/approach - in the course of achieving the objective of the article, student PBSA (Purpose Built Student Accommodation) market in Europe and Poland was presented. On this basis, factors that may have an impact on the development of the private PBSA market in Tri-City were identified and analysed. In the article the following methods have been used: deductive inference, simple statistical methods, and the internal rate of return (IRR) method.
Findings - conducted analyses show that the prospects for the development of the market of private PBSA in Tri-City are good. This is demonstrated by the dynamic increase in the number of foreign students, the low standard of much of public PBSA and the relatively low rate of the number of beds to the number of full-time students, indicating the existence of a supply gap. A positive element that should stimulate the development of this market are relatively high rates of return on investment in PBSA in Tri-City.
Research limitations - rents in private PBSA are much higher than in public PBSA. For this reason, it should be analysed whether students of Tri-City universities would be able to afford higher prices in exchange for better living conditions offered in private PBSA. The study did not address the topic of student accommodation preferences.
Research implications - conducted research concerns the development potential of the private PBSA market. It indicates factors which can stimulate it, but also those that can slow it down. Such knowledge may be useful to investors who want to realize such investments in Tri-City. (original abstract)
Design/methodology/approach - in the course of achieving the objective of the article, student PBSA (Purpose Built Student Accommodation) market in Europe and Poland was presented. On this basis, factors that may have an impact on the development of the private PBSA market in Tri-City were identified and analysed. In the article the following methods have been used: deductive inference, simple statistical methods, and the internal rate of return (IRR) method.
Findings - conducted analyses show that the prospects for the development of the market of private PBSA in Tri-City are good. This is demonstrated by the dynamic increase in the number of foreign students, the low standard of much of public PBSA and the relatively low rate of the number of beds to the number of full-time students, indicating the existence of a supply gap. A positive element that should stimulate the development of this market are relatively high rates of return on investment in PBSA in Tri-City.
Research limitations - rents in private PBSA are much higher than in public PBSA. For this reason, it should be analysed whether students of Tri-City universities would be able to afford higher prices in exchange for better living conditions offered in private PBSA. The study did not address the topic of student accommodation preferences.
Research implications - conducted research concerns the development potential of the private PBSA market. It indicates factors which can stimulate it, but also those that can slow it down. Such knowledge may be useful to investors who want to realize such investments in Tri-City. (original abstract)
Twórcy
Bibliografia
- Academy of Fine Arts (2019). Online, Retrieved on 18/04/2019, from: https://asp.gda.pl/studenci/dom-studenta,86.
- Academy of Music (2019). Online, Retrieved on 18/04/2019, from:https://www.amuz.gda.pl/akademia/infrastruktura/domy-studenckie,103.
- Academy of Physical Education and Sport (2019). Online, Retrieved on 18/04/2019, from: http://domstudencki.awf.gda.pl.
- Arambewela, R., & Hall, J. (2009). An Empirical Model of International Student Satisfaction. Asia Pacific Journal of Marketing and Logistics, 21(4), 555-569. https://doi.org/10.1108/13555850910997599.
- Brown, J., Volk, F., &Spratto, E. M. (2019). The Hidden Structure: The Influence of Residence Hall Design on Academic Outcomes. Journal of Student Affairs Research and Practice, 56(3), 267-283. https://doi.org/10.1080/19496591.2019.1611590.
- CBRE (2019). Online, Retrieved on 15/04/2019, from: https://biuroprasowe.cbre.pl/52036-prywatne-akademiki-inwestorzy-maja-oko-na-studentow.
- Collegia (2019). Online, Retrieved on 15/04/2020, from: https://www.collegia.pl/.
- Eurostat (2018). Internationally mobile students in the EU. Retrieved on 17/04/2020, from: https://ec.europa.eu/eurostat/web/products-eurostat-news/-/DDN-20181116-1?inheritRedirect=true.
- Feeney, D., & George, D. (2019, December). Cushman&Wakefield report 2019/2020. UK Student Accommodation. Online, Retrieved on 06/05/2020, from: https://www.cushmanwakefield.com/en/united-kingdom/insights/uk-student-accommodation-report.
- Forrest, H., Kingham, R., Denbee, R., & Kingdom, J. (2019). JLL report. UK Student Housing Report. Online, Retrieved on 06/05/2020, from: https://www.jll.co.uk/en/trends-and-insights/research/uk-student-housing-report-2019.
- Gdańsk (2019). Online, Retrieved on 18/04/2020, from: https://www.gdansk.pl/pobierz/136925/05-2-studenci-cudzoziemcy-w-gdansku-i-trojmiescie.
- Gdańsk University of Technology (2019). Online, Retrieved on 18/04/2019, from: https://pg.edu.pl/osiedle-studenckie/.
- Ghani, Z.A., & Suleiman, N. (2016). Theoretical Underpinning for Understanding Student Housing. Journal of Environment and Earth Science, 6(1), 163-176.
- Ghani, Z.A., & Suleiman, N. (2017). Cash-Cow into the Purse of Malaysian Property Investors: Students Housing Investment. Traektoriâ Nauki - Path of Science, 3(8), 1013-1022. https://doi.org/10.22178/pos.25-5.
- Głuszak, M., & Małkowska, A. (2017). Preferencje mieszkaniowe młodych najemców lokali mieszkalnych w Krakowie. Świat Nieruchomości, 06, 39-44. https://doi.org/10.14659/worej.2017.100.06.
- Gratka.pl (2019). Online, Retrieved on 03/06/2019, from: https://gratka.pl/.
- GUS (2019a). Pojęcia stosowane w statystyce publicznej. Online, Retrieved on 17/04/2020, from: https://stat.gov.pl/metainformacje/slownik-pojec/pojecia-stosowane-w-statystyce-publicznej/66,pojecie.html.
- GUS (2019b). Rocznik demograficzny. Warszawa: Główny Urząd Statystyczny.
- GUS (2019c). Szkoły wyższe i ich finanse w 2018 r. Warszawa, Gdańsk: Główny Urząd Statystyczny.
- Hammad, D.B., Musa, J.M., Rishi, A.G., & Ayuba, I.I. (2013). Criteriafor the Selection of Students Accommodation Model in Nigeria Tertiary Institutions Using Analytic Hierarchy Process. Academic Research International, 4(5), 550-556.
- Hauschildt, K., Vögtle, E.M., & Gwosć, C. (2018, March). Eurostudent VI 2016-2018, Socialand Economic Conditions of Student Life in Europe. Online, Retrieved on 06/05/2020, from: https://www.eurostudent.eu/download_files/documents/EUROSTUDENT_VI_Synopsis_of_Indicators.pdf.
- Hillman, P. (2017). JLL report. European Student Housing Report 2017.
- Jaglarz, A. (2016). New Concepts in Arrangement of Living Spaces for Students. In: J. Charytonowicz (Eds.), Advances in Human Factors and Sustainable Infrastructure. Advances in Intelligent Systems and Computing (pp. 63-73). Florida: Springer.
- Kirejczyk, K., Sztejter, P., Kuniewicz, K., & Mendel, M. (2018). REAS report. Residential Poland. Online, Retrieved on 06/05/2020, from: http://www.reas.pl/publikacje/2018-residential-poland-market-overview-2018
Typ dokumentu
Bibliografia
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Identyfikator YADDA
bwmeta1.element.ekon-element-000171610645
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