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OK Diario has named Urban Campus as one of the Coliving Key Players in Spain. Read the whole article in Spanish aquí, or keep reading the translation in English below.

Urban Campus, Inédit and Projects share the ‘coliving’ market in Madrid and Barcelona

2020 will be a year of growth for ?coliving?, a type of accommodation that consists of renting a private area (studio) in a property that also enables access to shared spaces and additional services.

Although the current offer is still very small in Spain, experts predict that ?coliving? will soon become the future of the real estate sector. Coliving will grow thanks to the high profitability offered to the owner – between 15% and 20% – and demographic trends.

The three companies that dominate this market in Madrid and Barcelona are Urban Campus, Inédit and Projets.

The French company Urban Campus was one of the first to land in the Spanish market. It has 120 single beds spread over two buildings in Madrid. They also design and operate two coworking spaces and a Foodlab (coworking space for gastronomic entrepreneurship with professional kitchen) in Spain’s capital.

The other big market operator is Inèdit, with 21 flats in Barcelona, ??a total of 113 rooms. (113 individual places). The Spanish company expects that in 2021 80% of companies dedicated to the sector will have an average of 250 beds. It also predicts that these types of properties will grow up to 40% by the middle of next year. Why is coliving becoming so popular? According to Inèdit, it’s due to the high profitability that it offers to investors and due to the increase of young professionals that move to Spain’s biggest cities every year.

Coliving spaces are mainly aimed at young professionals who want to live in a community, share experiences and who, generally, look to stay for periods that do not exceed 12 months. The average price of this type of accommodation is 900 euros per month.

Projets is one of the best-known operators in Europe. They operate in cities where the concept of ?coliving? is already well established, like Amsterdam or London. The German company has been operating in Madrid since April 2019 and has 25 rooms located in the district of Tetuan. The company expects to add 1,000 new homes throughout the world in 2020.

Lack of solid legal framework

However one of the problems faced by this new business model, that’s affecting its development rate, is legislation. There is no specific coliving planning regulation: «Hotel or tourist apartment regulations do not adapt to this product. The absence of a solid legal framework causes a delay in its development, despite the enormous interest that has aroused both among users and investors” according to real estate consultant Savills Newman. The consultant believes that the new business model will also be another attraction factor to capture and retain talent in the labor market.

Urban Campus en la Conferencia «Real Estate Future Trends 2020: We are the Key» 

El pasado jueves 23 de enero, Urban Campus estuvo presente como colaborador y ponente en la última edición de «Smart Conversations», que tuvo lugar en el Colegio Oficial de Arquitectos de Madrid, evento que organiza desde 2006 el Grupo 3G Smart.

«Tendencias del futuro inmobiliario 2020: Nosotros somos la clave» fue una jornada informativa y sin ánimo de lucro con el objetivo de analizar las últimas tendencias en la transformación de los espacios residenciales, comerciales y educativos.

Esta iniciativa nace con la necesidad de alinear a grandes empresas, corporaciones y líderes de la transformación tecnológica. Durante la jornada tuvieron lugar diferentes mesas redondas para debatir las dificultades a las que se enfrentan los grandes actores de cada ámbito. El objetivo era construir conjuntamente un camino para resolver los problemas identificados.

Urban Campus at the "Real Estate Future Trends 2020: We are the Key" Conference

Participando en una mesa redonda sobre modelos residenciales alternativos, estuvo la Directora de Operaciones de Urban Campus, Ana Martínez de Lizarrondo. Gracias a la experiencia pionera de Urban Campus en la explotación de 2 residencias coliving en Madrid, Ana pudo compartir su experiencia, ayudando a aportar un punto de vista diferente, para ayudar a resolver algunas de las cuestiones que preocupan a los profesionales del sector.

A continuación os dejamos un fragmento de su comparecencia, donde Ana responde a algunas preguntas sobre nuestros espacios, cómo impactan en los barrios en los que se ubican, cómo de accesible es el coliving…

Elix VRS signs an agreement with Urban Campus

Eje Prime has written about ELIX VRS’s acquisition of 2 coliving residences managed by Urban Campus.

This acquisition demonstrates the attractiveness of Urban Campus to institutional investors, which is a pillar of our development in Spain and elsewhere in Europe.

You can read the whole article in Spanish aquí o seguir leyendo en inglés.

Elix VRS joins forces with Urban Campus to enter the ‘coliving’ market.

The latest acquisitions made by the SIIC in Madrid, who is managed by the investment funds KKR and Altamar, will be operated by Urban Campus, a company specialising in the management of shared residential spaces.

Both companies will collaborate on the management of two properties purchased by the SIIC. The first, announced on January 9, includes two buildings located around Plaza de España in the capital, which Elix VRS acquired for 5.6 million euros and 5.2 million euros respectively. Both properties have undergone an extensive refurbishment, and have a common area of ??3,184 square meters, in addition to commercial and parking spaces. The operation was financed with the company’s own resources, according to a statement sent to the Alternative Stock Market (MAB).

«Urban Campus was already operating the properties purchased by the SIIC.»

On January 16, the SIIC announced the purchase of another property for 12.4 million euros. The asset is located on Mellado Street, and was the first coliving residential center opened and operated by Urban Campus, in Spain. The building has a built area of ??3,360 square meters and its acquisition was financed through the company’s own funds and a loan, with a real estate guarantee of 7.4 million euros. It also has four commercial premises. So far Urban Campus has 110 beds available in two coliving spaces which in total comprehend more than 5,000 square meters. In addition, it also operates two áreas de coworking y una foodlab in the Spanish capital.

Elix VRS signs an agreement with Urban CampusElix VRS signs an agreement with Urban CampusElix VRS signs an agreement with Urban Campus

«Urban Campus expects to invest up to 200 million euros in the Spanish market by 2025.»

As previously shared by Eje Prime, the French company plans to operate investments between 150 million and 200 million euros in the next five years. The company plans to open ten new centers in the main cities of Spain that would add some 2,000 beds.

Movistar Plus sobre nuevas formas de vivir

Iñaki Gabilondo, el conocido reportero español vuelve a Movistar plus # 0 con la quinta temporada de «Cuando me vaya». Un programa de televisión muy interesante que se plantea la pregunta, ¿cómo será el mundo dentro de 25 años?

En esta temporada, además de entrevistar a grandes expertos nacionales e internacionales, fomentará el debate a través de preguntas anónimas planteadas por el público.

Se calcula que en 2050 vivirán 10.000 millones de habitantes en el mundo, esto afectará a la arquitectura, sólo será necesario construir cuatro veces más de lo que se construye. Para entender mejor el contraste entre el mundo que llega y el que se destruye, en este capítulo dirigiremos nuestra mirada a un grupo de personas anónimas que se dedican a buscar nuevos modelos de Convivencia, otros tipos de vínculos vecinales o espacios para compartir experiencias profesionales.

En este episodio, Iñaki visita el Urban Campus Malasaña Coliving para hablar de nuevas formas de vivir, y entrevista a una de nuestras residentes Teresa, en el marco de una mesa redonda con otros game-changers y emprendedores.

Estamos muy contentos de haber acogido a Movistar Plus y su innovador programa, y de seguir contribuyendo a cambiar la forma de vivir en las ciudades.