“The majority of co-living companies are targeting one fundamental need: easy access to real estate for new city dwellers,” Gui Perdrix, a co-living expert, says.
The Collective, a UK-based co-living company founded in 2010, which has raised over $1bn, invests in, develops and operates co-living spaces.
Lustigman reckons co-living companies need to be somewhat invested in both the property and the operational side of the business.
Tech Farm, a Swedish co-living company, wants to launch 100 co-living properties across the world.
There’s room for two to three market-leading co-living companies in Europe, each with a slightly different proposition,” says Würz, who plans to buy some small, local co-living companies as part of homefully’s expansion strategy. | To read full story, visit https://startuparound.com/read/1583994606.5729377/Coliving:-Is-it-a-startup-fad-or-a-phenomenon??ref=audio_experience