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Acting on behalf of one of its investment funds, Primonial REIM has signed the acquisition of two build-to-rent buildings, located in Massy and Marseille, with Nexity. This transaction is part of the partnership between the developer and Urban Campus, whose architects will design the spaces to optimize them for BTR use.

“After a first successful operation in Saint-Louis, we are proud to extend this partnership with Urban Campus and to have the confidence of Primonial REIM as an investor in this operation,” says Fabrice Aubert, Nexity’s Deputy Managing Director in charge of institutional clients. He adds: “The real estate market is undergoing a major change in usage, which is why we have chosen to make the managed real estate offer a strategic development axis; build-to-rent is one of the major vectors for us.

The Massy Atlantis residence (NF Habitat HQE level excellent, Biodiversity) will be built in co-promotion with Novaxia and will develop 100 units from one to five rooms in a landscaped “quality” block with a shared rooftop. The Marseille development (NF Habitat HQE level, BDM bronze level) will include 75 units from one to five rooms, all with balconies and terraces, both private and shared. They will also feature furnished common areas: game rooms, fitness areas, coworking spaces, etc.

“These two residences will provide all tenants with a quality living environment, in line with new lifestyles and work methods (telecommuting, sharing economy, local roots),” says Maxime Armand, Urban Campus’ COO.

In this transaction, Nexity was advised by 137 Notaires (Mathieu Simon) and Primonial REIM by Lexfair Notaires (Annamaria Brogna) and Ikory Project Services. The marketing was carried out by JLL (Florence Semelin) and Savills (Mathieu Guillebault).

To view the original article in French written by Business IMMO click here. 

Les Echos featured us in their article about coliving, shared housing, and intergenerational residences, read more below:

Coliving, shared housing, and intergenerational residences. …these collective projects have a bright future ahead of them. Carriers of social ties are often better accepted locally than real estate.

Urban Campus and In’li have just announced the construction of a co-living residence in Ivry-sur-Seine (Val-de-Marne). Bringing together 165 individual and shared studios, the building will also house shared spaces (kitchen, lounges, coworking, gym, rooftop, etc.) as well as a coworking room for local entrepreneurs. Delivery is expected in 2025.

This project is typical of these alternative forms of housing which are multiplying in urban areas in the same way as intergenerational residences or shared housing.

Promote a sense of belonging

The trend of “co-” in housing is sustainable, according to Damien Robert, chairman of the board of In’li, a subsidiary of Action Logement specializing in the rental of intermediate housing. “Young workers, who make up 80% of our new arrivals, are looking for apartments in lively neighborhoods close to transport. But giving them access to a set of friendly spaces and events promoting the feeling of belonging to a community is a big plus for them, “specifying In’li’s commitment: 2,000 housing units in the coliving sector will be delivered within three years.

“This responds to known societal changes”,  supports Amaury Courbon, co-founder of Colonies, one of the main building managers in coliving. His company has just announced a partnership of 200 million euros of investment with CDC Habitat to create twenty large residences with common areas. “Young people stay single longer and not finding themselves isolated is a real challenge.”

Participative housing booming

Getting out of “everyone at home” and creating more social ties is also the ambition of shared housing , governed by the Alur law (2014). The reason? Groups of residents come together to create their own residences by sharing certain spaces and activities. A way to promote exchanges between generations and eco-responsible lifestyles. Currently, an average of 300 housing units of this type are created per year, according to the Habitat Participatif France movement, which predicts that their number will exceed 10,000 within five years.

Even if these projects take time to materialize, four years on average, several communities such as Strasbourg, Nantes or Lille encourage their development. In the most tense areas, these participatory habitats carried by ordinary citizens would have little chance of seeing the light of day without the upstream intervention of the municipal authority, via calls for tenders aimed in part at this type of file. In general, elected representatives’ reluctance towards these new models is fading.

Because these collective projects stand out advantageously from the standard constructions often rejected locally. Christine Leconte, President of the National Council of the Order of Architects, assures us: “Mayors can be driving forces provided they develop available plots in a logic of common good. These new-generation housing units are much better accepted than low-quality projects by bringing something to the neighborhood and its inhabitants, such as a shared room or an open garden.

An alternative to nursing homes

“Intergenerational” residences are also beginning to arouse great interest among cities faced with the aging of their inhabitants. This is the observation of the social landlord Seqens (Action Logement) which has given rise to nine real estate projects over the past five years in the Paris region. These sets of 90 to 170 housing units include shared spaces and activities generally coordinated by a local association.

When allocating the apartments, the lessor ensures that there is a balanced mix between families, young workers and seniors to avoid a situation of isolation. For Damien Cacaret, president of Silver Valley, a cluster bringing together economic players serving the elderly , “baby boomers are more open than their elders to these new living spaces that promise social ties, designed in the heart of cities and adapted to autonomous seniors.

A welcome alternative to nursing homes which must be reserved for serious addiction. However, according to a Silver Valley study unveiled on November 29, these innovative formulas remain poorly known to the target audience. Two-thirds of the 1,000 seniors surveyed do not feel “at all informed about alternatives to living at home”.

To read the article in its original language (French) click here. 

 

The signing of a new coliving residence in Île-de-France took place between Urban Campus and in’li. They joined forces to acquire and manage 165 new studio apartments, offering young professionals long-term real estate alternatives in a tight rental market.

Paris, November 8, 2022, Urban Campus, a French player in coliving and Build To Rent (BTR), announces, in partnership with in’li, Linkcity, and Nexity, the signature of a new coliving residence under VEFA, i.e. 165 studios, in Ivry-sur-Seine (94). This project completes a portfolio of Urban Campus projects under development in France, notably in the Ile-de-France, Hauts-de-France and Alsace regions, with the first delivery in Lille at the end of 2022.

 

Enabling young workers to access housing more easily 

While young professionals are the most affected by the shortage of rental units and rising rents, Urban Campus and in’li want to make it easier for this segment of the population to rent by offering 165 new studios in coliving with rents that are lower than those on the open rental market.

By offering housing at attractive rental prices, ideally located in relation to employment opportunities and public transportation, Urban Campus and in’li are helping to facilitate the residential and professional mobility of a whole segment of society that is just starting out in its working life. Newcomers, young people at the beginning of their careers, and working people on a mission for a few months are thus offered a new rental offer in line with their expectations and needs in very tense real estate markets.

In order to guarantee these innovative real estate solutions, the residence will be managed by Urban Campus as part of a long-term management mandate and the management strategy of in’li, a subsidiary of the Action Logement group. 

Urban Campus’ recognized experience in managing coliving residences ensures that the community of residents is supported in a way that encourages exchanges, sharing, and synergies. A whole program of activities and events promotes a sense of belonging to a community eager to move forward together on professional, associative, and local projects.

“We are very happy about this partnership with the in’li teams, with whom we share strong values: facilitating access to housing for young professionals, contributing to the creation of lively and attractive neighborhoods, and promoting professional mobility. – says Maxime Armand, co-founder of Urban Campus

“Finding innovative solutions for housing young professionals in the Paris region is in’li’s DNA. The partnership with Urban Campus and the implementation of coliving management fully meet this objective in areas of high tension. – said Damien Robert, Chairman of the Board of Directors of in’li.


A coliving residence anchored in the city 

In Ivry-sur-Seine, at the gateway to Paris, the residence of 165 individual and shared studios is designed to ensure the balance essential to coliving, between quality and connected individual spaces, cozy shared spaces (kitchen, lounges) and inspiring, functional and friendly common spaces (telecommuting space, gym, rooftop, event spaces, screening room, terraces). The residence will be completed by a coworking space reserved for local SMEs at the foot of the building.

As part of one of the largest urban, economic and social development projects in the Paris region, “ZAC Ivry Confluences”, the residence will benefit from the development of public transport (T Zen line), the creation of large open-air green spaces and the construction of new urban heating, water and electricity networks that are more energy efficient and environmentally friendly.

The Ivry-sur-Seine residence is certified NH Habitat HQE, a label that guarantees buildings with a reduced carbon footprint and lower energy consumption. 

Urban Campus is involved from start to finish in the VEFA program to build the coliving residence.

The company participated in the design of the buildings in partnership with Nexity and Linkcity. It is continuing to support the project through all stages of construction, right up to its opening in 2025.

Urban Campus is thus continuing to expand its influence in the coliving and French rental market sectors. Other residential projects are already under negotiation in several European cities.

 

About Urban Campus

Founded in Paris in 2016 by John van Oost, Maxime Armand and Ana Martinez, Urban Campus is one of the leaders in multi-format managed residential in Europe. The company accompanies coliving and Build-to-Rent real estate projects from their conception, and then operates them through long-term management mandates. Urban Campus develops its own smart building technologies and applications to offer tenants a 360° residential service.

The company operates 5 residences in France and Spain and plans to open 30 additional residences in Europe over the next 5 years, in France, Spain, Portugal and Italy. 

For more information: https://urbancampus.com/

 

About in’li

In’li, a subsidiary of the Action Logement Group, is the leader in intermediate housing in the Paris region, with nearly 50,000 units under management throughout the region. In’li’s mission is to provide access to housing for middle-class employees and young professionals in order to promote the employment-housing link, facilitate professional mobility and help revitalize the region. 

More information on: inli.com 

Twitter: inli_official https://twitter.com/inli_officiel 

LinkedIn: https://www.linkedin.com/company/in-li/ 

 

About Action Logement

For more than 60 years, Action Logement has been the leading player in social and intermediary housing in France, with more than one million units, and its mission is to facilitate access to housing to promote employment. Action Logement manages the Participation des Employeurs à l’Effort de Construction (PEEC) on a joint basis to promote employee housing, business performance and regional attractiveness. The group has 18,000 employees in France and in the French overseas territories.Website: groupe.actionlogement.fr/

Twitter : @ActionLogement https://twitter.com/ActionLogement

LinkedIn: https://www.linkedin.com/company/uesl—action-logement/

Urban Campus, a coliving specialist in Spain, will open its very first residence in Lille: Urban Campus Saint So. By investing in the capital of Flanders, the company is actualizing its deployment in France and confirming the French craze for coliving. This new lifestyle is based on sharing and has multiple advantages: community, extra services offered to its members, and flexibility.


Investing in the French market

Recognized in Spain since 2017, Urban Campus continues its European development with its arrival in France. Surely it is no coincidence that the company has chosen the Lille metropolis. Urban Campus wants to offer a quality rental service in a real estate market in Lille that is very tight and even in near shortage in certain sectors. This is why the company decided to set up its first coliving residence on rue de Douai, in the heart of downtown Lille. In this dynamic neighborhood near public transportation and the Saint-Sauveur train station, the residence will welcome young professionals looking for a balance between neighborhood life and European mobility.

This upcoming opening confirms Urban Campus’ interest in the Lille region, as it is their second project in this area. The first being the management of the La Maillerie residence, located 15 minutes from the center of Lille, which will offer 121 coliving apartments starting in 2024.

“I am extremely proud of our arrival on the French market in a dynamic region. This is the result of a beautiful collaboration with LCPC (investor), Theop (AMO) and the architectural firm LA.M Studio. Together we will create a residence with a very high quality design and services to best meet the expectations of residents in a tight market. Our team has capitalized on more than 4 years of experience in coliving management in Spain. The Saint So residence will allow us to introduce the Urban Campus coliving experience to French tenants,” said Maxime Armand, co-founder, and COO at Urban Campus.


An offer adapted to new lifestyles

In a 4-story building that has been completely renovated, Urban Campus will offer from January 2023, 38 studio and one-bedroom apartments with mezzanines and balconies. The apartments will be fully furnished and equipped by LA.M Studio. Essential to coliving, several spaces have been designed to encourage sharing and living together: kitchen, living rooms, balconies, coworking spaces, gym, library, and event spaces. In addition, there is an all-inclusive service offer, from internet connection to cleaning services and access to Netflix in the common areas. The objective is clear: to do everything possible to make the residents feel at home in the building.

Urban Campus distinguishes itself by supporting its community. Each residence benefits from the “Community Development” program. Through various activities and initiatives, the community developer encourages the realization of personal, associative, and professional projects (such as collections for associations, talking circles, themed workshops, tasting evenings or film, and documentary screenings). These are some of the best ways to create links and synergies between the residents and they can confirm it works.

In the wake of this second project in Lille, Urban Campus plans to accelerate its expansion in France. The company is already working on other coliving projects in the Paris region and in the provinces.


About Urban Campus

Founded in Paris in 2016 by John van Oost and Maxime Armand, Urban Campus is one of the leaders in coliving in Europe. The company partners with coliving real estate projects from their conception, and then operates them through long-term management mandates. Urban Campus develops its own smart building technologies and applications to offer tenants a 360° residential service. The company operates 5 residences in Spain and plans to open 30 additional residences in Europe over the next 5 years, in France, Spain, Portugal, and Italy.

Ana Martínez (Urban Campus): “We plan to open 30 residential spaces in the next 5 years, 10 of them in Spain”.

Together with Ana Martinez, chief operating officer of Urban Campus, Brainsre.news analyzes the state of the ‘coliving’ market in Spain.

Ana Martinez is Chief Operating Officer at Urban Campus, a Paris-based company focused on the acquisition and management of residential and office buildings (coliving and coworking) whose portfolio of real estate assets includes five buildings in Spain and two in France.

Urban Campus is the first operator of complete coliving buildings in Spain. As precursors of this model, how do you think this format is received by a society like the Spanish one? 

The residential market (both in Spain and in other countries) required a solution that adapted to the current needs of the population. This led us to launch our coliving model in the market. In other European countries as well as in the United States, coliving is more than established, and at first in Spain, it was understood as a solution aimed at students and short-term rentals. However, throughout the years that we have been working in this market, we are already managing to reverse this perception. This residential model has been very well received and the truth is that the waiting list to move into our spaces is expanding. At first, the most common profile was the foreign professional, but today there are more and more local residents who, for different reasons, are opting for coliving.

Who would you say is your target audience?

The typical tenant of Urban Campus coliving buildings is the young professional between 25 and 45 years old (the average age of our residents is 33 years old). They are mainly international (although the percentage of nationals has increased since the pandemic), with 40% of our tenants being nationals and 60% foreigners.

Approximately 95% of our tenants say they would recommend this residential option. In turn, 86% of our residents have told us that they feel happier and less lonely than before having lived in the coliving.

6 buildings in total, three in operation and three in progress. Will you continue to invest in new assets in 2023? 

Without a doubt. Our goal is to have more than 30 buildings in the next few years. In Spain, we have our sights set on Madrid, Valencia, Barcelona, and Malaga, as well as other smaller cities. Internationally, we want to expand into France and Portugal. In the coming years, we will have openings for both coliving and multifamily or build-to-rent projects.

With the new building in Valencia, Urban Campus opens up the build-to-rent market in Spain. Do you think you will follow this line?

The Valencia coliving is a new building that will be destined for coliving, which is part of the build-to-rent market, in its most alternative sector. However, our first entry into the traditional build-to-rent or multifamily segment was a building in the French city of Saint Louis. Together with Nexity and Swiss Life Asset Managers, we opened a new line of business for the management of build-to-rent buildings. So, yes, we are also committed to this rental model in which we will continue to make progress, both in Spain and abroad.

So far, five in Madrid and one in Valencia… What is Urban Campus looking for in the areas where it is developing its business model? What other Spanish cities would be on your radar?

Urban Campus seeks to offer a medium-term residential solution for those who want to live in rented accommodation in central (or emerging) areas of large cities that are well connected. In addition to a good location, they are looking to belong to a community of people with similar interests with whom they can participate in events and activities. Many of them want independence and to live in their private space, but they perceive the option of sharing common areas as a huge added value, this then allows them to create links and meet people from other environments or cultures, let’s not forget that the human being is a social being and as such seeks the generation of social relationships.

Your company demystifies that coliving is only an option for the short term… What is the average rent you manage in your colivings?

Our average stay is 12 months, and more than 47% extend it. We have tenants who have been residing in our spaces for more than 3 years, since our opening, so we expect the average stay to continue to grow.

In Urban Campus we offer rental agreements from 700 € to 1700 € approximately, depending on the area in which the building is located and the type of private space, for example, in the Malasaña coliving in Madrid the average price is 1.300 €/month, and in Chamberí it is around 850 €/month. In addition, we offer an all-inclusive service, which includes expenses and events, but also various additional services such as cleaning, English classes or sports activities.

In addition to coliving, one of the Urban Campus properties is for coworking. Will the firm continue to promote this line of business in Spain or would you prefer to continue developing the coliving area?

The core of our business is coliving, meaning at the moment we will be putting more weight on developing this type of project. However, the interesting thing is that both products have very similar targets, so we study each project individually and decide the use that best suits each asset.

What are Urban Campus’ objectives for the coming years?

We plan to open 30 residential spaces in the next 5 years, 10 of them in Spain (Madrid, Barcelona, Valencia, Malaga, Alicante, Seville, Murcia, Palma de Mallorca, Bilbao, etc.) and 20 in the main European cities. These openings will be carried out through the refurbishment of buildings, as well as through the development of new construction projects, depending on the availability of land in each city and the location we choose for each of them.

Do you have plans for international expansion, and what dates and countries are planned?

We have already planned different coliving spaces in other countries such as France for the end of this year. At the moment we can not advance more information, but rest assured that we will continue to open many more buildings under the Urban Campus brand.

Urban Campus announces the opening of a new coliving residence in partnership with the mixed real estate operator, Nhood, and the investor Batipart, (the buyer of the building) in 2024. 

The new Coliving will be located in the heart of La Maillerie district, 15 minutes away from the centre of Lille. The new residential program fits perfectly into the renovation project of this historic district, focusing on circular economy and a new way of living.

Urban Campus La MaillerieUrban Campus La Maillerie

Construction has already begun at the Urban Campus la Maillerie residence which will offer 121 studios designed to meet the needs of 25 – 45-year-old singles or those in a relationship, who work in the tertiary centres of the region, such as Les Prés or La Pilaterie. Between now and the planned opening in early 2024, Urban Campus will be involved in the project’s development, in partnership with the mixed real estate operator Nhood and the investor, Batipart, which has given it a management mandate.

As in all Urban Campus residences, the fully furnished and equipped apartments are supplemented by large shared spaces to promote social and professional connections. Kitchens, living rooms, terraces, a large garden, a coworking space, a gym, a library, and an event space will also be available to residents, giving them a sense of ownership over the entire building with the possibility to move freely throughout the entire coliving.

Urban Campus residences aim to connect residents to the area which they live in, paying particular attention to mobility and neighbourhood life. Thus, the residence in the Maillerie district is located less than 500 meters away from the subway and tram stations, 5 minutes by bike from the TGV and TER station Croix Wasquehal and includes a range of shared electric cars. It is also close to a 5000m² urban farm and 5 minutes away from Parc Barbieux.

Residents benefit from access to services, as well as events and activities, promoting living together, and personal and professional development. Urban Campus also offers residents a turnkey service, based on technologies developed in-house, integrating all smart building applications facilitating booking, management and maintenance of residences on a daily basis.

Urban Campus manages 5 coliving residences in Spain over 6000m2 and plans to open several residences in Europe starting in 2022, particularly in France, Spain and Portugal. «Our concept is based on solid and in-depth studies on the changing lifestyles and needs that emerge in a context of an increasing urbanization trend, particularly with regard to residential real estate. Urban Campus brings a real societal proposition with an added value well beyond simple real estate speculation» says Maxime Depreux, Chief Development Officer at Urban Campus.

«In the heart of a new city district, this building is Batipart’s first coliving fund investment. The fund has an investment capacity of €300 million in Europe for this strategy» confirmed Louis Bayon, Managing Director of Batipart Real Estate.

 

About URBAN CAMPUS

Founded in Paris in 2016 by John van Oost and Maxime Armand, Urban Campus is one of the leaders in coliving in Europe. The company operates 5 residences in Spain and plans to open 30 more residences in Europe by 2025, notably in Spain, France, Portugal and Italy. Urban Campus supports coliving projects from the concept phase to operation through long-term management contracts. Urban Campus develops its own smart building technologies and resident interface applications, which allows for real coherence of its concept throughout the creation and operation.

 

About NHOOD FRANCE

Nhood, a new mixed real estate operator owned by the AFM (Association Familiale Mulliez), is a player in urban real estate regeneration with a triple positive impact: societal, environmental and economic (People, Planet, Profit). Created from the merger of the Ceetrus and Nodi teams in January 2021, its expertise covers the development, operation and marketing of mixed-use sites, asset management and development. Committed to a vision of a more resilient, ecological city, with a wide range of functions and local uses (local shops, short-distance circuits, housing, offices, transitional urbanism and third places), Nhood France brings together the skills and real estate know-how of 374 experts to regenerate and sustainably transform an initial portfolio of 82 commercial sites managed in France, including 66 Aushopping centres, and around thirty urban projects. 

https://www.nhood.fr/fr – LinkedIn: Nhood France

 

About BATIPART

A family-owned group founded by Charles Ruggieri in 1988, Batipart invests and develops projects in the real estate, hotel and tourism sectors in Europe, Africa and North America.

In Europe, Batipart group is present in 7 countries – Germany, Spain, France, Italy, Portugal, Switzerland and Luxembourg, with offices in Luxembourg, Paris, Toulouse, Madrid and Milan. Its European assets represent €4 billion under management.

In Africa, Batipart is a hotel operator and investor, with more than twenty hotels owned and managed, representing more than 700 employees throughout the African continent. In North America, Batipart is a real estate investor and operator in Canada and the United States in partnership with Cogir Immobilier with approximately €4.5 billion in assets under management.

 

Media contacts

Marta Torres

T. +34 636484866

marta.torresvilas@urbancampus.com

 

 

Nexity and Urban Campus announce the signature of their first Build-to-Rent (BTR) transaction on the French market in Saint-Louis (68), on behalf of a fund managed by Swiss Life Asset Managers France. This new Promotion-Management-Investment model opens up new avenues for the residential market in the regions and in Paris.

Nexity and Urban Campus have chosen Saint-Louis (68) – an economically dynamic area with a rental market in transition with strong environmental ambitions – to set up their first Build-to-Rent (BTR) operation in an area that is particularly well served by public transport. Not very known within the French market, this residential model proposes a “multi-family” rental offer specifically developed to meet the needs of tenants in a given area. Handled by a single operator, the management and animation of the building enrich the daily life of the residents within a budget.

Swiss Life AM, which acquired the property on behalf of one of its funds under management, emphasized various aspects: the user-centered approach and the societal approach as the BTR responds to changes in society and to evolving lifestyles. As well as the environmental approach: The E+C- certified building is part of Swiss Life Asset Managers France’s responsible investment strategy. Finally, the Nexity – Urban Campus partnership allows for an integrated “Development-Management” approach.

“We are very proud of this first operation with Urban Campus and Swiss Life Asset Managers France in the BTR segment, a virtuous concept that promises an improved rental experience for investors and tenants. It’s also a new way of putting our know-how and our environmental commitment at the service of life together,” explains Fabrice Aubert, Nexity’s Deputy Managing Director in charge of Institutional Clients. “Thanks to the complementary nature of our activities and our knowledge of the regions, we are today the only player able to offer an integrated solution for carrying out and managing the operation,” adds Stéphane Dalliet, Managing Director of Nexity Immobilier Résidentiel.

“In the continuity of coliving, the BTR offers a fascinating rental experience for a large number of people, especially for families. With well-designed private spaces, high value-added services, common areas, and above all the many advantages of what it means to live together. This first project with Nexity and Swiss Life Asset Managers France demonstrates Urban Campus’ ambition to transform the residential market,” said Maxime Armand, COO, and Co-founder of Urban Campus.

The 106-unit residence, ranging from one- to five-bedroom units, will offer shared spaces such as a gym, a multifunctional living area, a terrace, a laundry room, and many additional services. By 2025, it will represent a real quality rental alternative in the area.

Nexity, Life Together

With more than 8,000 employees and sales of 4.6 billion euros in 2021, Nexity, France’s leading integrated real estate group, is present throughout the country and operates in all areas of development and services. Their service platform enables them to meet all the needs of their customers, individuals, companies, institutions and local authorities. Their purpose, “living together”, reflects Nexitys’ commitment to creating sustainable spaces, neighborhoods, and cities for individuals, enabling them to forge and rebuild ties.

Nexity has been ranked, for the third year in a row, as the number one project manager by the Low Carbon Building Association (BBCA), a member of the Bloomberg Gender-Equality Index (GEI), and Best Workplaces 2021.

Nexity is listed on the SRD, Compartment A of Euronext and the SBF 120.

Urban Campus

Founded in Paris in 2016 by John van Oost and Maxime Armand, Urban Campus is one of the leaders of Coliving in Europe. The company pairs Coliving and BTR real estate projects from their conception, and then operates them through long-term management mandates. Urban Campus develops its own smart building technologies and applications to offer tenants a 360° residential service.

The company operates 5 residences in Spain and plans to open 30 additional residences in Europe over the next 5 years, in France, Spain, Portugal, and Italy.

Urban Campus expands into Tetuán, the Cuatro Caminos Coliving building will have 31 studios and will be located just a ten-minute walk from the Azca financial center. This will be the second investment in coliving for Batipart in Spain, which will operate Urban Campus

Madrid, June 15th, 2022.- Urban Campus will operate its fifth coliving building in Madrid, and the second for Batipart. The first operator of complete coliving buildings in Spain thus establishes itself in Madrid, increasing its offer in the capital. The new project, Urban Campus Cuatro Caminos is located in the district of Tetuán, in the Cuatro Caminos neighborhood and just a 10-minute walk from the financial center of Azca, the most avant-garde in the capital.

The family investment group, Batipart, once again trusts Urban Campus as the operator of its next coliving, after the agreement for the company’s first new-build coliving in Valencia, which is already under construction and will receive its first tenants in 2023.

For Urban Campus, Tetuán is one of the most attractive districts. It offers many opportunities due to its proximity to Azca, the Four Towers, and the Paseo de la Castellana.

Urban Campus Cuatro Caminos, which has an elegant facade, will have an area of ​​around 1,200 square meters in which there will be room for 31 studios, almost all with a private balcony, 11 one-bedroom apartments, and 20 in a two-bedroom cluster format with a kitchen and large shared lounge. The building will have different common areas like a gym, a coworking, a community kitchen, a meeting or events area, and an outdoor area with a corrala-style patio, common in old buildings in the city, evoquing the most traditional Madrilian character. Urban Campus expects to welcome the first tenants in October 2022.

For Casilda Mulliez, Head of Business Development for Spain at Urban Campus, “our fifth coliving in Madrid strengthens our presence in the capital. We are firm defenders of booming areas, having already begun in Valencia, and once again confirming our position in Madrid with our expansion into Tetuán.”

For Martin Fauchille, Director of Acquisitions Spain and Portugal “After the success of our alliance with Urban Campus, we want to continue with our expansion in the main cities of Spain and Portugal, where we see a growing demand from young professionals for this type of offer.”

private Living room
Private living room/ kitchen
Private Room
Shared living room
Patio
Shared bathroom

Pablo Alonso-Patallo de la Torre, new Business Development Manager for Urban Campus

  • President of Young Leader at Urban Land Institute (ULI), coordinates the activities of members under 35 years of age

Madrid, 25th of may 2022.–

Urban Campus, the leading operator in the management of complete coliving buildings in Spain, has hired Pablo Alonso-Patallo de la Torre as the new business development manager for the expansion of the company’s operations in Spain and Portugal.

Alonso-Patallo, with international training at the Brunel University of London and the University of Bath and a master’s degree in Real Estate Development from IE, has specialized professional experience in the real estate sector. Upon his return to Spain, he signed for the CBRE consulting firm where he remained until this year in the multifamily capital markets area focused on advising clients on investment and divestment strategies in PRS, BTR, and BTS residential products.

In parallel, since 2020 he leads the Young Leader segment at the Urban Land Institute (ULI) as Chairman, where he coordinates all the initiatives for more than 140 members under 35 years of age. He sits on the Board of the Executive Committee of ULI Madrid to defend the interests of the younger generations of the Spanish real estate sector.

In this new stage, Pablo lands at Urban Campus, to contribute to the reinforcement of the company through his work in scaling the business in Spain and Portugal, identifying relevant opportunities in the main Spanish and Portuguese cities, as well as building and maintaining long-term relationships. 

For Alonso-Patallo “Urban Campus is a company with great growth potential and a clear and ambitious vision of which I am very proud to be a part of. We are focused on operating under a strategy based on 3 basic pillars: community, technology, and real estate, thus revolutionizing the way residents live and real estate assets are operated. I have no doubts about our ability to lead this sector in Europe.”

Nota de prensa: Pablo Alonso-Patallo de la Torre, nuevo manager de desarrollo de negocio de Urban Campus 1

About Urban Campus

Founded in 2016, Urban Campus is the first operator of entire coliving buildings. With its innovative model, it is redefining the rules of residential housing in the main European cities, offering coliving and coworking spaces adapted to new lifestyles. With its own DNA, based on meeting the new residential needs of young professionals in large cities, they offer quality buildings, creates community, and provides a new residential experience.

Yesterday, 05/18/2022, we launched our Coliving Report 2022 in our Malasaña (Madrid) coliving space. This report provides a complete overview of the coliving sector in Spain and Europe and draws conclusions about this residential model based on a survey completed by our residents.

Some Key figures: 62% of them chose to live in a coliving because of the many services included (such as WiFi & regular cleaning). The second reason, with 50% of the votes, was the common areas. Location (48%) and flexibility (45%) came in as the third and fourth reasons to choose coliving.

Once our residents have moved into our spaces, the interviewees affirm that “community” is the reason why they extend their stays. 95% feel happier, and 85% feel less lonely, because of the community. After 2 weeks, half of our residents report feeling at home in our spaces.

The average profile of our colivers debunks any myths associated with this way of living: 92% of coliving residents are professionals, 55% are international profiles, and the average age is 33 years old (the age range is 26 to 45). Additionally, 54% are in a relationship.

The average stay in our coliving is 12 months, with 46% of current members having extended their stays. 3 and a half years is the longest recorded stay, held by a coliver, in our spaces.

But coliving is not just a housing solution. In 2021 alone, the walls of our colivings have seen the birth of seven startups and have supported more than 22 local businesses through collaboration agreements.

We aim at becoming a residential solution for urban professionals, designed for medium-long term stays. Fully-furnished buildings (between 1,000 and 8,000 m2) located in emerging and well-connected neighborhoods, with spaces divided into 70% private areas and 30% common areas, offering all-inclusive services and encouraging the creation of strong communities.

Coliving in Europe and in Spain

At a European level, the coliving sector adds a total of 23,150 units among all types of housing (including shared and complete flats). London is running as the main coliving capital in Europe with 16% of the total market. Behind them are Amsterdam (12%) and Manchester (10%).

The demand for this residential model has increased exponentially in recent years. Ana Martinez, Head of Operations, said “Here at Urban Campus, in the space of one year, we have registered an increase of 154% in applications”.

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