With a €5 billion asset of 41,000 homes in Germany, Covivio is an investor in dynamic German metropolitan cities and is launching new projects, such as Coliving and new residential developments.
Berlin - Germany
€488 million development pipeline and a goal of creating 3,000 coliving spaces in Berlin
KEVIN LABUS, Asset & Transaction Management residential, Germany
“With the coliving concept, the criteria is not so much a question of price, but that of experience and the search for a community spirit. It’s a new way of thinking about accommodation that is suitedto the trends in Berlin and is a new way to add value to our assets.”
A new way of living
With long-standing housing operations in Germany, Covivio is building on the most attractive cities: Berlin, obviously, but also Dresden, Hamburg and Leipzig, etc. The company manages and values homes tailored to families, couples, younger generations, etc.
Real estate development and new services
In order to meet the growing demand for new and quality homes, particularly in Berlin which welcomes 40,000 new inhabitants each year, Covivio has launched a development plan involving the construction of 2,300homes by 2020. At the same time, it also aims to offer 3,000 coliving spaces in Berlin by 2022.