Marco Aldany Founder Seeks Financial Partner for his Coliving Business

26 February 2019 – Idealista

(…). One of the founders of the chain of hairdressers Marco Aldany is strengthening his commitment to the real estate sector and, following the success of his student residence business, MiCasaInn, is raising the stakes with a search for financial partners to develop a coliving company in Madrid. According to explanations provided by Alejandro Fernández-Luengo to Idealista, the company already has three buildings in the centre of the capital that it could dedicate to this segment, although it wants a financial partner to help its growth across the rest of Spain.

This new venture into the coliving sector will arrive in the form of a spin-off. “After positioning ourselves as one of the main companies specialising in students housing in Spain through MiCasaInn, we believe that the natural step is to pilot a project for young people who have finished studying and who are joining the work place, so that they can continue with us”, said Fernández-Luengo.

Currently, the company has a portfolio of assets in which it has invested more than €50 million, in the hope of launching this project. It has one building in Plaza de Canalejas, measuring 4,500 m2, another in Puerta del Sol, spanning 7,000 m2 and a third in Chueca, which could become the group’s first coliving spaces once its new brand has been launched (…).

Original story: Idealista (by Custodio Pareja)

Translation: Carmel Drake

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