51% of European investors plan to invest in co-living within the next 3 years, which totals £2.6bn, an increase of 13%, and the biggest growth rate across all ‘living’ sectors.
– James Hanmer – Savills Head of PBSA and Co-Living
£550m
Co-living sales in Q1 2023
Co-living demand currently at
725,000
with supply currently at
3,422
Nationally there are
24,000
co-living apartments currently in the pipeline
1.5m demand
for co-living apartments by the end of 2024
In 2022, there were
212
applications
per 1 available apartment
The average co-living rent is
£1,306 pcm
Data source: Savills
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