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First major co-living fund seeking $825m for COLIV venture
Reading Time: 2 minutesUK: Co-living developer The Collective and real estate investment manager DTZ Investors are seeking £650m [$825m] in pledges and plans to invest in six to ten fund to buy and build communal housing projects in London. The COLIV venture, believed to be the world’s first, aims to make ‘lonely’ renters something of the past and […]
The Collective to open Canary Wharf co-living space
Reading Time: 2 minutesLondon: Co-living property startup The Collective has announced its second “co-living space” in Canary Wharf will open in July, with rooms available to rent on a nightly basis. The co-living concept is a more upmarket version of the student-accommodation model, where one pays for a room and shared facilities, such as a kitchen, bar, cinema, […]
The Collective to make New York history by opening $450 million co-living space
Reading Time: 2 minutesBrooklyn: British company, ‘The Collective’, is set to make shared-living space history in New York City by opening a $450 million co-living space in Brooklyn. The Collective last week purchased a site at 555 Broadway, on the border of Williamsburg and Bushwick, for the 350,000-square-foot development, which will be the biggest ever space devoted exclusively […]