Europe: Tech-enabled serviced apartments operator limehome has expanded by 25 per cent, adding 2,200 units across Europe in the first half of 2025.
The company has been growing more than twice as fast as the same period last year, expanding into nine new cities and opening 10 properties.
limehome said growth has been driven by recurring partnerships, which accounted for 44 per cent of new projects – up from 30 per cent in 2024.
Notable projects include a 59-unit conversion on Berlin’s Friedrichstraße and a first limehome location in Stralsund, adding 24 units in the UNESCO World Heritage city centre.
In addition, limehome signed new deals in Potsdam (120 units) and Stuttgart (90 apartments) with repeat partners.
Occupancy has remained above 90 per cent across the portfolio, with repeat guest share rising to 25 per cent, up from 20 per cent last year.
Josef Vollmayr, co-founder and co-CEO of limehome said: “What sets limehome apart is our ability to unlock value from almost any real estate asset, be it office conversions, hotel takeovers, or new developments in A- to D-cities. Nearly half of our deals in 2025 are with existing partners. That is the ultimate vote of confidence in our model’s ability to deliver sustainable returns.”
The company said it plans to continue deepening its presence in core European markets while remaining open to projects across all asset classes and sizes.
Highlights:
• limehome has added 2,200 new units in H1 2025, more than doubling last year’s growth.
• Recurring partnerships drove 44 per cent of new projects.
• Key deals have been signed in Berlin, Stuttgart, Potsdam and Stralsund.
