Austria: Coliving operator Habyt has announced its entry to the Austrian market and will open a building in Graz in H2 2023.
The new development at Waagner-Biro-Straße, with a total area of 6,600 square meters, hosts 218 units, is located in the Lend district, as part of the new “My Smart City Graz” neighbourhood.
With a mix of two- to four-room fully furnished shared apartments and single bedroom studios, Habyt will offer tenants highly-flexible renting options for mid- to long term stays. The project consists of four buildings, with one building complex being fully-operated by Habyt.
All units have either patios and small backyards on the ground floor, or balconies.
The building will feature nine fully-equipped common areas with working spaces, comfortable seating and large kitchens. Other amenities include exercise rooms, multiple lounges, and a large courtyard, promoting a healthy lifestyle. The concept targets young professionals aged 20 to 35, as well as “digital nomads seeking to be part of an inclusive, like-minded community”.
Lasse Haarstak, global expansion and md Germany & Netherlands at Habyt, said: “As we already established a strong performing portfolio in Germany, we are now eager to further grow our presence in Austria and Switzerland to give the entire DACH region access to our product.”
Habyt’s locations currently include close to 10,000 units across 20 cities worldwide, throughout Germany, the Netherlands, Spain, Italy, Portugal, France and Switzerland. The company’s recent expansion into the Asian market through a merger with Hmlet – the largest provider of flexible living in the Asia-Pacific region also added Singapore, Hong Kong and Japan to Habyt’s offer.
Guido Bianco, COO of Habyt, said: “We are very excited to open Austria with such an amazing project in the innovative district of Graz’s ´Smart-City´ We will provide more than 200 tenants with a state of the art home, with many amenities and access to great public transport.”
