Co-living developers and operators discuss the growing trend of shared rentals at Europe’s largest real estate and investment event. Is the niche ready to grow out of its Millennial bubble?

In the sharing economy, co-living is growing hand in hand with coworking due to the customers’ ever growing need for flexibility. The trend is gaining popularity across the globe and Europe is no exception. Millennials are at the core of the shared living concept, but operators and developers are already building co-living properties for seniors.

The main driver for the rise, according to industry insiders, is social connection. People need to come together, at any age, which makes this form of renting so appealing. Then there’s also the pricing, which is officially recognized as affordable, even though it’s often not the case.

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