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Australia's First CoLiving Company | Rhys Williams, Founder of UKO Co-Living
Rhys Williams and Alex Thorpe are the co-founders of UKO Co-Living which is Australia’s first Co-Living operation.
Rhys and Alex pioneered the extended stay furnished accommodation market in Sydney, Australia. They commenced trading a single apartment in 2002 and grew to a portfolio exceeding 400 keys under the Furnished Property brand with a mix of freehold and leasehold assets offering flexible furnished rental accommodation to the extended-stay market. This lead to a move into the hotel market where they established a national network of hotel brands under Veriu Group including Veriu Hotels & Suites in 2015 (384 keys) and the Punthill Apartment Hotels (804 keys) in 2018.
Rhys and Alex have successfully raised capital and joint ventured with publicly listed developers and fund managers such as Folkestone/Chater Hall where they have delivered a $50 million 144 key micro-apartment hotel at Green Square in Sydney which will be marketed as Australia’s first micro-apartment hotel. They also recently completed a $15 million conversion of Wentworth House in Surry Hills into a 112 key hotel. Rhys and Alex have now returned to their rental accommodation roots with the development of the UKO Co-living brand where they are set to carve out a significant transformation of the rental accommodation market in Australia.
UKO has successfully delivered two Co-Living sites in the Sydney in 2019 and will open an additional four sites in 2020. Rhys and Alex are firm believers that the rental market needs to change to meet the needs of the millennial renter and key worker. They believe that efficient micro apartment design with connected communal areas can improve affordability without having to compromise on lifestyle. They also feel that rental accommodation should offer a greater sense of community providing renters with the ability to make social and professional connections in order to combat the rise of loneliness for modern renters. With their roots firmly entrenched in the rental accommodation market, complimented by their experience in hotel development, design and customer service Rhys and Alex are perfectly positioned to transition the Co-Living concept into the Australian market.
http://www.uko.com.au
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►► Christine and her team are the creators of Kndrd.io: The comprehensive software solution that uses technology to put the LIVING into CoLIVING. ◄ ◄
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By Christine McDannell
4.9
1515 ratings
Rhys Williams and Alex Thorpe are the co-founders of UKO Co-Living which is Australia’s first Co-Living operation.
Rhys and Alex pioneered the extended stay furnished accommodation market in Sydney, Australia. They commenced trading a single apartment in 2002 and grew to a portfolio exceeding 400 keys under the Furnished Property brand with a mix of freehold and leasehold assets offering flexible furnished rental accommodation to the extended-stay market. This lead to a move into the hotel market where they established a national network of hotel brands under Veriu Group including Veriu Hotels & Suites in 2015 (384 keys) and the Punthill Apartment Hotels (804 keys) in 2018.
Rhys and Alex have successfully raised capital and joint ventured with publicly listed developers and fund managers such as Folkestone/Chater Hall where they have delivered a $50 million 144 key micro-apartment hotel at Green Square in Sydney which will be marketed as Australia’s first micro-apartment hotel. They also recently completed a $15 million conversion of Wentworth House in Surry Hills into a 112 key hotel. Rhys and Alex have now returned to their rental accommodation roots with the development of the UKO Co-living brand where they are set to carve out a significant transformation of the rental accommodation market in Australia.
UKO has successfully delivered two Co-Living sites in the Sydney in 2019 and will open an additional four sites in 2020. Rhys and Alex are firm believers that the rental market needs to change to meet the needs of the millennial renter and key worker. They believe that efficient micro apartment design with connected communal areas can improve affordability without having to compromise on lifestyle. They also feel that rental accommodation should offer a greater sense of community providing renters with the ability to make social and professional connections in order to combat the rise of loneliness for modern renters. With their roots firmly entrenched in the rental accommodation market, complimented by their experience in hotel development, design and customer service Rhys and Alex are perfectly positioned to transition the Co-Living concept into the Australian market.
http://www.uko.com.au
♥ ---- Thank you for watching this video—Please SHARE IT and leave a comment! I LOVE to personally read & reply to all comments.---- ♥
►► Christine and her team are the creators of Kndrd.io: The comprehensive software solution that uses technology to put the LIVING into CoLIVING. ◄ ◄
*Register for a FREE account at https://kndrd.io/register