Germany: Flexible housing provider Habyt has three openings scheduled in Q4 this year, located in Berlin and Frankfurt.
Habyt has grown its homes and coliving offering with two sites in Berlin and one in Frankfurt. Collectively, the new properties will add 402 units to its portfolio.
The first opening in Berlin, located at Fischerstraße 8-11 in Rummelsburg, offers 153 fully-furnished studio apartments for long-term residential use. Each studio features a kitchenette and a dedicated dining and work area.
Amenities at the property include a community space with a terrace, a kitchen, TV room, meeting room, laundry facilities and bike storage.
The second opening in Berlin is located within the Moabit district, at Sickingenstraße 2-3. The property features 196 fully-furnished units with a kitchen and dining area, along with a desk in the bedroom. Additional amenities include a community space and laundry room.
As a new-build project, timber construction has been incorporated and has been “built with the latest developments in sustainability in mind”.
Over in Frankfurt at Klüberstraße 6-10 in the city’s financial district, Habyt will open 53-units spread across three neighbouring houses. Accommodation ranges from studio to one-bedroom apartments and shared flats, offering either private or shared bathrooms and fully equipped kitchens.
Lasse Haarstark, managing director of real estate, EMEA, at Habyt, said: “With our three newest additions to our ever-growing portfolio in Berlin and Frankfurt, we are able to offer even more opportunities for existing and new tenants to live with flexibility in well-connected areas in these key German cities. In the currently challenging real estate market in Germany with high financing and construction costs, Habyt’s operator model became a promising solution for many institutional projects.”
Habyt has opened 1,100 units in Europe this year, with a further 1,500 new units signed and more under negotiation. As a result, the company reports a record pipeline of 10,000 units.
