How can co-living build on today’s student accommodation?
For many of Europe’s young professionals, student-style living doesn’t end when they leave university.
In previous years they may have run the gauntlet of housing adverts to find short-term flat-shares near a new job. Now, with a new generation of students accustomed to high-spec private rooms, en-suite bathrooms and spacious communal areas equipped with high-speed wifi, their expectations are higher. And they’re providing a ready market for modern co-living developments, according to JLL’s report ‘Co-living – the graduation from Student Housing’.
Co-living blocks are building a presence in many European cities; StayToo has accommodation in Germany, Spain and Portugal, Hyprspace in Munich markets its co-living homes as a start-up house, while Quarters in Berlin is a co-living space for artists and creatives in a fast developing city where costs are rising. Facilities vary, but much like student housing, smaller private living spaces are offset by communal areas such as gyms or places to work, which are rarely available in other shared types of accommodation …