Budapest at dusk from above

For investors & capital partners

The operating platform for CEE student housing

Fuse takes operational control of ordinary buildings, any size, any format, and runs them end to end as all-inclusive student homes, filled through our own demand channel and connected through one community. The buildings earn the rent. The member base compounds.

500+

Students housed

~95%

Occupancy, Fall 2026

4.8★

Avg. resident rating

6

Cities live & in pipeline

The market

Structurally undersupplied. Nobody consolidating

21M

Students in Europe by 2029/30

Up roughly 2.2 million in five years on domestic demographics plus rising international mobility.

~79%

Supply keeps falling behind

PBSA completions over the next five years are projected to run about 79% below what student growth requires: a multi-million-bed shortfall.

10 to 11%

Provision in our markets

Versus roughly 15% in continental Europe and 32% in the UK. CEE student housing is fragmented, developer-led and has no professional consolidator.

The platform

Three engines no local operator can copy

  1. A proprietary demand channel

    Fuse grew out of Socials, the community relocating students join before they land. 200+ cities, 1M+ students a year. We don't take a building to market; we bring the market with us.

  2. Community as infrastructure

    Verified members, house rules, city-wide events across every Fuse building, run outside the property, to a written standard. It's why residents stay, renew and pay a premium.

  3. Lean, AI-driven operations

    Sales, booking, CRM and finance run centrally on an agentic AI stack. Central overhead stays flat while rooms multiply. Buildings from 20 to 300+ rooms all perform.

The model

Where typical operators fall short, Fuse inverts the model

Management fees

Typical operator

Base fee plus a “performance” fee that pays out even when the plan is missed.

Fuse

Performance fee only on NOI above a pre-agreed hurdle. Paid to beat the plan, not to show up.

Asset size

Typical operator

On-site-staff-heavy, so only large schemes amortise the fixed cost.

Fuse

Centralised model with community run off-site. Smaller assets still work.

Cost risk

Typical operator

Every property cost lands on the owner's P&L; the fee is pure margin.

Fuse

Fuse funds property staff and client acquisition out of its own fee. We carry the cost risk.

Short stays

Typical operator

STR is not their business, so summer income is left on the table.

Fuse

Short-term rental is built into design and operations from day one.

The discipline

Institutional habits at every size

Written product standard

Layout and FF&E guidelines per property, from bed frames and acoustic partitions to cooking stations per floor.

Ten-year underwriting

Revenue, cost and NOI forecast per asset before we commit. Positioning and pricing agreed with the owner.

Flexible structures

PMA, master lease, revenue share or JV, matched to the asset and its stage, from repositioning to development advisory.

Full-scope delivery

Acquisition support, technical design, mobilisation and operations under one accountable operator.

Where it goes

2,000 to 2,500 rooms across CEE by 2030

Live now

  • Riga
  • Budapest

Booked out

  • Vienna

Coming soon

  • Kraków
  • Warsaw
  • Prague

Deploying capital into student housing?

Tell us the market and the asset profile, and we'll show you what Fuse would do with it. Underwriting first, story second.

partners@fusestays.com