Reading Time: < 1 minuteFrance: Ascott has entered into an agreement to acquire a property in Paris for the development of the first and flagship lyf property in Europe, lyf Gambetta Paris, set to open in 2024. Located in a former printing house, the first lyf-branded property in Europe will be situated in Paris’
Reading Time: < 1 minuteSpain: Global BTR and coliving asset manager Node has acquired fellow coliving developer Starcity Spain. The Spanish platform will start with the repositioning and restoration of nine city-centre properties in Barcelona and the development of purpose-built communities near transport hubs in major Spanish cities. All communities will be operated under
Reading Time: < 1 minuteThailand: HOMA has opened its Phuket Town property, a 505-unit community that it says “blends the benefits of a serviced apartment with the facilities of a four-star hotel”. Catering to both short and long stay guests, HOMA Phuket Town features high speed wifi, a coworking space, a fitness centre, café
Reading Time: 2 minutesUK: Coliving operator Vonder has opened its flagship property in Wembley, north London, featuring 313 apartments with on-site amenities across more than 160,000 square feet of space. The company says Vonder Wembley “pioneers the all-inclusive living model of providing renters with everything they need for both their personal and professional
Reading Time: < 1 minuteUK: Vita Group has secured funding from Cain International and PGIM Real Estate to finance the construction of Union, its two-tower coliving scheme at Allied London’s Enterprise City. Cain will provide £148 million, with PGIM Real Estate contributing £43 million. Construction of the towers is underway, with Renaker appointed as
Reading Time: 2 minutesUK: This week saw the staging of the inaugural Urban Living Festival in London. The event, held at Tobacco Dock, was themed around three stages, STAY, LIVE and WORK. It focused on the increasingly blurred lines between hospitality and real estate asset classes, and featured a mix of presentations, panel
Reading Time: 2 minutesSingapore: Ascott has expanded its lyf portfolio to 17 properties with more than 3,000 units in 13 cities and nine countries. The expanded portfolio includes the newly opened lyf Mid-Town Hangzhou, Ascott’s first lyf-branded coliving property in China. It also secured a management contract for its second lyf property in
Reading Time: < 1 minuteUK: Woodbourne Group has submitted plans for 265 coliving units at the Curzon Wharf mixed-use development at Birmingham’s Dartmouth Circus. The scheme features studios ranging from 20 to 35 square metres in response to planning criticism of previous coliving shames which had units less than 15 square metres in size.
Reading Time: < 1 minuteUK: BTR operator Moda Living has acquired six sites for a move in to the London coliving space.
Reading Time: < 1 minuteIreland: A planning application for a 378-bed coliving scheme in Dublin, which was submitted before a ban on such projects was introduced, has been approved.
: