Repeat partnerships drive Limehome’s European growth

Europe: Tech-enabled operator Limehome reports that repeat partnerships with landlords and investors across Europe account for nearly 50 per cent of its recent deal pipeline. 

Recent signings include two deals with long-term partner Centralis, located in Munich and Nuremberg.

Elsewhere in Europe, Limehome has partnered with Baltisse Real Estate to convert an existing hotel in the European Quarter of Brussels into 114 serviced apartments. The project marks Limehome’s first collaboration with a major Belgian institutional investor. 

In Milan, Limehome has signed a structured long-term lease with Colliers Global Investors Italy to operate 30 units within a larger development located on Via Villoresi. 

In Madrid, the company has signed a 36-unit property previously operated by another serviced apartment provider. The upgraded site is expected to relaunch within approximately one month from signing. 

Further south in Benidorm, Limehome has recently relaunched a 60-unit beachside hotel. Refurbishment measures were managed in-house following an investment of more than €1.2 million.

“Limehome has evolved into a reliable partner for institutional capital,” said Josef Vollmayr, co-CEO and co-founder of Limehome. “What differentiates us today in a volatile market is the depth of trust we have built with repeat partners and our proven capability to reposition hospitality assets. 

“Nearly half of our recent deals come from existing partners. That is the clearest validation of our long-term reliability. Investors choose us repeatedly because our tech-enabled model delivers consistent operational performance, whether in new developments or complex repositioning projects,” he added. 

Highlights:

• Limehome reports that repeat partnerships with landlords and investors account for nearly 50 per cent of its recent European deal pipeline.
• The company expands its partnership with Centralis through two projects in Munich and Nuremberg.
• In Brussels, Limehome and Baltisse Real Estate are converting an existing hotel in the European Quarter into 114 serviced apartments.
• A structured long-term lease has also been signed with Colliers Global Investors Italy in Milan, operating 30 serviced apartment units within a development on Via Villoresi.
• Limehome is also expanding in Madrid and Benidorm, including the relaunch of a 60-unit refurbished beachside hotel following a €1.2 million investment managed by Limehome’s in-house technical team.