Coliving investment gathers momentum
The global coliving sector is cementing its status among income-seeking investors, with deals from the UK to Japan this month highlighting demand.
The rise of the sharing economy has helped drive coliving, where mostly young professionals live in rental accommodation with communal areas and a strong community ethos. Institutional investors, in turn, are being attracted by strong returns and the sector’s increasing maturity.
UK developer operator The Collective, backed by DTZ Investors, recently announced plans to raise up to £650 million (€740.8 billion) for a coliving fund. The fund will hold a portfolio of around six to 10 assets, with aims to attract £1 billion of investment over the next 10 years …