Coliving a market that everyone is talking about

1 min reading time

Published on 26/10/22 - Updated on 26/10/22

Benoit Jobert The Babel Community

Benoît Jobert, co-founder of one of Europe's largest operators, The Babel Community, will be sharing his vision and ambitions at the Hospitality Asset Forum on Monday 21 November at the InterContinental Paris le Grand hotel.

 

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The concept was born from a utopia designed by Benoît Jobert and Matthieu Brugières in 2015. In September 2017, the first property with 80 co-living flats, 200 coworking workstations, a gym, a film club and a restaurant open to the neighbourhood, opened in Marseille in 4000 m². Montpellier in 2019 and Marseille in 2021 followed. In 2022 the concept will open in Grenoble 5 years after the first opening.

What are the group's next steps and priorities? How to make the business model of the buildings profitable and optimise its filling? Who are the partners and what attracted them to the investment product? What are the impacts of such an asset on the competitiveness of the territories?

 

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Simultaneous translation available.

 

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