Germany: Serviced apartment operator YAYS has expanded into Germany with a new project in Berlin, developed by real estate partner Caprate.
YAYS Berlin Liesenbrücke will comprise 200 apartments split across 102 one-bedroom units and 98 studios. It is located between Mitte and Gesundbrunnen.
Amenities at the property will include a ground-floor coworking and community space managed by Denizen. The area will feature meeting rooms, an event lounge, a grab-and-go cafe, and a yoga studio.
Zachary Schwartz, CEO of YAYS, said: “We are excited to make our mark in Germany with this large scale YAYS development in Berlin. With several other deals already in our German pipeline, YAYS is committed to bringing our upscale serviced apartment product and outstanding guest experience to the heart of the German capital.
“This partnership with Caprate, known for their responsible development ethos, aligns perfectly with our vision for sustainable, future growth across Germany and Europe,” Schwartz added.
Peter Schunk, CEO of Caprate, said: “This is one of our landmark projects in Berlin where we aim to combine innovative constructions, the highest sustainable standards and outstanding operational expertise. With YAYS we have found a partner with a strong brand as well as a thorough and long-standing track record across Europe.”
The opening of YAYS Berlin Liesenbrücke is scheduled for 2026.
