Announced
Financials
Sources
Tags
co-living
Germany
Single Bidder
Domestic
Private
Majority
Real Estate Services
Acquisition
Friendly
Pending
Synopsis
Co-Living provider Habyt agreed to acquire Quarters, the largest co-living company in Europe. Financial terms were not disclosed. "This is one of the most important achievements of our company so far. We started four years ago with one property in the center of Berlin and we can now count on over 4k units across 13 cities and 5 countries. However, this step is not only about expanding our portfolio. Quarters has a very strong and talented team, who has built an impressive community and customer experience - offline and online. Its proprietary tech is unique in our sector - something we look forward to integrating and adopting throughout our group in the upcoming weeks and months," Luca Bovone, Habyt CEO.
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