Europe: Tech-enabled serviced apartment operator limehome has added 1,000 units to its portfolio in Q1 2025, bringing the group’s total to 10,000 contracted units in Europe.
Recent investments across Europe include projects in Barcelona, Madrid, Cologne, and Stuttgart.
In Spain, limehome has signed two deals with an existing development partner, adding 153 units in Barcelona and 107 in Madrid to its growing portfolio.
In Germany, limehome plans to deliver 90 ESG-compliant serviced apartments in Cologne through a refurbishment project with GARBE Commercial Living, and 109 new units in Stuttgart in its fourth collaboration with WATZL Group.
The Cologne project is expected to open by the end of 2027, with office and retail space on the lower floors and apartments above. limehome said all new units will be designed to meet modern ESG standards.
Josef Vollmayr, co-CEO of limehome, said: “10,000 apartments in just six years are a major achievement that underlines the added value of our innovative concept for our guests and real estate partners. We are particularly proud that this growth is based on the foundation of a sustainably profitable business.
“From an investment perspective, serviced apartments offer greater flexibility and more stable returns long-term compared to traditional hotel properties. In a competitive market, our predefined standards and streamlined processes enable us to acquire and implement projects with investors in record time,” he added.
Daniel Hermann, chief growth officer of limehome, added: “The follow-up investments in new developments are an absolute vote of confidence for us. Together with our partners, we want to continue to enable comfortable and fully digitalised stays for our guests in the future. The demand motivates us, and we will continue to expand our presence in Europe’s major cities and most popular destinations.”
