Finance

Medici and Corestate launch world’s largest co-living investment vehicle

By 2018-12-12T08:34:00

Quarters Berlin

Source: Quarters Co-Living

Berlin-based Medici Living and Frankfurt-listed Corestate Capital Holding are joining forces to invest €1bn (£910m) of equity and debt in the co-living sector in Europe over the next three to five years.

The firms will work together on acquisitions, conception and management of the properties. The cooperation marks the largest investment into the emerging co-living asset class worldwide to date.

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