Merger Between Two of the Largest Co-Living Operators Habyt and Common: The Co-Living Sector is Rebounding
The interest in co-living is on the rise, a direction emphasized by the merger between the largest co-living operator in the US, Commons, and their European equivalent, Habyt. The two companies manage more than 4,000 apartments in the US and 7,000 apartments in Europe and Asia, as reported by The Wall Street Journal. The term co-living refers to a modern form of group housing where residents share communal spaces for socializing, cooking, and gathering, and have access to shared amenities such as cleaning services or dog walking.
The interest in co-living is on the rise, a direction emphasized by the merger between the largest co-living operator in the US, Commons, and their European equivalent, Habyt. The two companies manage more than 4,000 apartments in the US and 7,000 apartments in Europe and Asia, as reported by The Wall Street Journal. The term co-living refers to a modern form of group housing where residents share communal spaces for socializing, cooking, and gathering, and have access to shared amenities such as cleaning services or dog walking.