Co-Living schemes are purpose-built and managed residential developments for rent, which include a combination of personal and shared amenity space.
Schemes typically offer city centre locations, lease term flexibility, all-inclusive billing, a fully furnished suite of living and social spaces and a strong sense of community.
The sector is in its relative infancy in the UK, but there are signs that it is set to grow significantly in the coming years, driven by strong trends of population growth, urbanisation, an increase in flexible working and other lifestyle preferences amongst younger generations.
Savills OCM’s position as the market-leading advisor in the UK Multifamily and Student Accommodation sectors gives us a wealth of knowledge and expertise with which to guide clients into this emerging Living sub-sector. We are currently instructed on a large number of Co-Living transactional and fundraising mandates in the UK and across continental Europe.
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