Germany: Coliving and flexible housing provider Habyt is set to open a new building in Berlin’s Mitte district.
Bordering the districts of Kreuzberg and Friedrichshain, the new property on Schmidstraße 2F-K will accommodate 243 residents.
Tenants will be able to enjoy a central residential area, with easy access to parks, supermarkets, restaurants, and gyms. The location is also well connected to public transport.
The Berlin-based architectural firm Bonanni Architekten has divided the building into two structures and designed a clear, sand-coloured facade with black steel balconies. Featuring underfloor heating, energy-efficient LED lights, and floor-to-ceiling windows that allow ample natural light, the building “promises a comfortable living experience”.
With a total area of 6,034 square metres, the property is owned by W5 Group, the family office of Ralph Winter, and managed by 777 Capital Partners. It consists of 64 shared flats with fully equipped kitchens and living spaces, and two private studios. Tenants will have access to two community spaces (one in each building) featuring fully equipped kitchens with cooking islands and lounge areas with sofas, armchairs, coffee tables, and a TV.
With this latest expansion in Berlin-Mitte, Habyt continues its global growth strategy, now with a portfolio consisting of 30,000 coliving units in 50 cities worldwide.
Philipp von Stein, senior expansion manager at Habyt, said: “The new project creates high-quality and space-efficient co-living spaces for 243 tenants in a very central yet quiet location. Habyt seeks to address the key concerns faced by young professionals relocating to Berlin, specifically affordability and building a sense of community. By providing a solution that emphasises shared expenses and fostering a sense of belonging, Habyt aims to bridge this gap.”
