Savills: Student housing in Prague (November, 2019)
The total stock of purpose-built student accommodation (PBSA) in Prague comprises nearly 26,700 beds. The vast majority of these premises is owned directly by the universities, with just 6% of the total bed capacity currently provided by the commercial sector.
Much has already been written about the poor quality of the public PBSAs in Prague and students’ desire for more single rooms and a higher standard of living. The majority of rooms in public PBSAs are multi-bed rooms with shared kitchen and bathroom. Most of the Prague universities are already investing in the refurbishment and partial remodelling of their dormitories to increase the number of single rooms and improve the standard of the common and shared areas. However, given the scale of the task and limited resources available to tackle the renovation of these facilities, it will take years before the situation improves for the majority of students. Furthermore, remodelling into more single rooms will further deepen the capacity issues on the Prague market.
Read more on www.savills.co.uk
Savills: Student housing in Prague (November, 2019)
Published By: Savills PLC
November 2019

