European coliving brand, DoveVivo raises £50 Million from Starwood Capital Group

One of Europe’s largest and fastest growing coliving brand, DoveVivo has secured a strategic investment of £50 Million from controlled affiliates of Starwood Capital Group, a global private investment firm focused on real estate and energy investments.

Founded in 2007, DoveVivo has been reinventing the way people rent their homes offering them a disrupting residential model combining a stress-free solution, value-added services, great design, technology and a powerful community whereby students and professionals move in with like minded people, sharing costs and benefits.

DoveVivo helps private and large institutional landlords to boost their rental income by providing them with an innovative full management solution for their properties.

With 8.000 beds in 13 cities across Italy, France and Spain, and 160 employees, the company is expanding operations internationally supported by a strong governance and a wide team made by real estate professionals, designers, salespeople, engineers, developers and community managers.

The Starwood Capital affiliates have acquired a minority stake in the Company’s share capital of around 22 per cent. DoveVivo’s leading shareholder remains DV Holding SpA, a vehicle controlled by the founders Valerio Fonseca and William Maggio together with the minority shareholder Tamburi Investment Partners SpA.

 

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Comments

  • Much Photos Watch
    March 12, 2022 4:17 AM

    How is the COVID situation over there?

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