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.