Co-Living Companies Set Sights On Dublin
A number of co-living providers, including The Medici Living Group, Roam and The Collective, have set their sights on entering the Dublin market.
As reported by The Sunday Business Post, co-living involves residents having their own apartments but sharing communal areas, as well as participating in group activities and residents' networks. Dublin's first co-living building is expected to be opened by Node in March, with rental rates ranging from approximately €1,200 to €1,500 per month, including community events, utilities and wi-fi.
Node founder Anil Khera asserted that there has already been "tons of enquiries" from potential tenants, adding, "We expect it to be fully leased when it opens in March."
Meanwhile, The Collective has said Ireland is on its radar for international expansion, while founder of Medici Living Gunther Schmidt said the group intends to infiltrate the Irish market "at the end of 2018 or 2019." Furthermore, Roam's head of community, Daisy Onubogu, proclaimed that the company are currently "looking out for opportunities" in the Dublin market.