Co-Living
Hotels Are Finding Room for Co-Living Spaces
JLL | August 9, 2022
Co-living projects are on the rise in converted hospitality properties amid a hunt for rental growth Hotels are increasingly being turned into co-living spaces in markets where institutional investors are hunting for cheaper alternatives to residential conversions and high rental growth potential. In June, a US$200 million joint venture between asset manager PGIM Real Estate and co-living operator Weave acquired Rosedale Hotel in Kowloon, Hong Kong, with the intention of converting the 435-key property into a co-living property. Meanwhile, in Singapore, real estate management firm LHN Group has invested S$90.5 million (US$65.5 million)...
Co-Living: Hotel Guest Community Integration
EHL Insights | March 19, 2021
By Youri Sawerschel What is co-living? Co-living is a way to live and share an inhabitable space with other like-minded people. Co-living is fast gaining in popularity across the globe as the younger urban generation increasingly puts more value on flexibility and convenience. It’s important to note that modern co-living comes in all shapes and forms. The term has been used loosely for different kinds of living arrangements: from “big box co-living” buildings with hundreds of small pod-style rooms to family-style apartments turned co-living homes (think of the apartment from the TV series, “Friends”). What all these co-l...
