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Emerging Trends in Co-Living

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Insights from our 2024 Co-Living Operators Survey

 

Our report, ‘Emerging Trends in Co-Living’, based on the Gerald Eve Co-Living Operator Survey, is your key to understanding this exciting sector. The co-living sector is rapidly expanding and evolving to cater for a diverse urban population, presenting lucrative investment prospects, especially in high-demand areas.

 

The report gives a detailed look at this real estate sector, emphasising its growing popularity in London and other locations. It highlights co-living’s resilience and adaptability as a housing solution amidst shifting urban lifestyles and housing demands.

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Why Invest in Co-Living?

600,000

POTENTIAL CO-LIVING DEMAND POOL IN LONDON

5,000

CURRENT SUPPLY OF LONDON CO-LIVING BEDS

4.75%

YIELDS FOR UP AND BUILT EXISTING LONDON STOCK, DEPENDING ON LOCATION, SCALE AND SPECIFICATION

4.50%

FUNDING YIELD FOR NEW SCHEMES IN LONDON ZONES 2-5

Key Insights

Here is an overview of the key insights. For a comprehensive insight download the report.

Strong rental performance

Co-living schemes have surpassed expectations in lease-up speeds, proving both rents and demand.

Co-living is growing outside of London

Co-living is not just a London-centric phenomenon; its strong uptake is gaining traction in regional cities, expanding the potential investment landscape.

Broad tenant appeal

The co-living sector attracts a diverse range of tenants, both in terms of age and income levels. This highlights its widespread appeal across various demographics and economic backgrounds.

Planning policy developments

A growing number of London boroughs now have a co-living policy, and the GLA have proposed space standards.

Successful investment

Look for high PTAL rating, obvious demand drivers, operational backing, and clear approach to affordable housing contributions.

Co-living operators

The availability of specialist co-living operators is facilitating investment.

Repurposing of existing buildings

Trends show an increasing interest in converting office buildings and hotels into co-living spaces, providing new investment avenues.

Design focus and community ethos

A high-quality living environment, larger rooms and social ethos are features of 2nd generation co-living.

Related Services

Asset Valuation & Advisory Capital Markets Planning & Development Agency Corporate Finance

Key contacts

Jo Winchester

Consultant
Asset Valuation and Advisory
London – West End

Jonathan Godfrey

Partner
Asset Valuation & Advisory
London – West End

Jacques Higginson

Senior Associate
Asset Valuation & Advisory
London – West End

Bobby Barnett

Partner
Capital Markets
London – West End

Guy Freeman

Partner
Capital Markets
London – West End

Marcus Kinsella

Partner
Capital Markets
London – West End

Joanne Rams

Senior Associate
Planning & Development
London – West End

Sophie Hinton

Senior Associate
Planning & Development
London – West End

Ben Gilbey

Senior Associate
Agency
London – West End

Steven Oliver

Corporate Finance
London – West End