About Us

We are a SOCIMI (Spanish equivalent of a REIT) Coliving project born after identifying an unmet demand in the student housing market. We buy, refurbish, and rent rooms in shared apartments, and operate our business model under the Homiii brand. In July of 2018, we made the decision to list on the Madrid Stock Exchange Alternative Market (MaB: YEXR) to both further professionalize and move towards our goal of becoming the sector leader

Our aim is to close the gap between the different needs and demands in the student housing market. We excel at recognizing the fundamental changes in consumer habits and lifestyles of younger generations, and, once recognized, we deliver optimized personal and shared spaces to them, all the while promoting social engagement between residents through a community-centric and hospitality-led management structure.


European cities are constantly evolving due to increasing demand and changing lifestyle needs. In the future, a city’s quality will be measured by sustainability, flexibility and livability. Coliving provides a natural progression in housing solutions not only for citizens today, but also for future generations.

In addition to the cultural drivers of Coliving, many other factors like overall entrepreneurial conditions, “Smart City” rankings, the perceived start-up environment, or the sheer size of the remote workforce (Digital Nomads) will have a strong bearing on which cities remain or become key markets in the future.

Rooted in the social and cooperative economy, the Coliving housing model offers flexible, medium-term rental leases together with built-in urban amenities and a community of like-minded individuals.


Several factors make Spain a very appealing destination for foreign students, amongst them the vast number of degrees and masters with solid international reputations offered. Over the last ten years, several Spanish cities have also made the correct decision (we think) to restructure and modernize their city centers in order to attract more tourists. In addition, substantial investments in research and technology have been carried out to entice top talent from Spain and abroad.

The private sector has responded to this strong demand by investing in new purpose-built student accommodation (PBSA). Traditional student accommodation has become obsolete, and both the public sector and traditional private players have not been agile enough to keep up with this new demand. However, the private sector is currently far from being able to cover the current shortfall, thus resulting in a significant number of students in Spain currently being unable to secure a place at a student residence. We estimate that the gap between the current student housing offer and real demand is more than 300,000 beds in Madrid alone.



The ongoing desire for improvement in education levels, coupled with the growth of the population aged 18-24, will have a positive impact on the student accommodation needs and demand over the next few years.

Only 24% of Madrid properties are dedicated to rentals versus a European average of 30%. Furthermore, countries such as France or the UK have 35% rental dedication. The recent rental increase seen (+38.8% in the last 5 years), has produced higher demand for shared room rental (+46% since 2015). An additional 32% rise is expected over the next 3 years.

Acting as our operator, Homiii manages assets in a potential market of over 300,000 university students and young professionals who come to Madrid yearly in search of a safe, comfortable, and well-located living space that allows them to develop academically and professionally.


Our Environmental goal is to minimize the carbon footprint of our apartments by providing sustainable housing systems. This principle guides us in the acquisition, conversion, and refurbishment of new assets. Sustainable housing systems are applied to materials and designs as well as to everything related to lighting, waste management and recycling.

In terms of Governance, we are completely transparent. As a SOCIMI listed on the MaB, all our business activities and corporate actions are mandatorily published on the Madrid Stock Exchange Alternative Market website.

Our Social Corporate Responsibility is focused on promoting an inclusive education at Spanish and international levels. We contribute financially to two educational NGOs: Profuturo and Balia Foundation. Profuturo is dedicated to bringing digital education to children from underprivileged environments. It has already helped more than 5.8 million children in 23 countries in Latin America, Africa and Asia. Balia Foundation helps children in Spain by offering tutoring, psychological support and help adapting to the environment so they can learn to succeed and thrive on their own.


We invest in residential real estate assets in the center of Madrid. We choose only assets we feel have both a high potential for price appreciation and the ability to generate income from the operation of the assets. Our investors are therefore provided with both security and stability.

Madrid is the leading Spanish city in terms of both the number of incoming students and the supply of accommodation aimed at this collective. As a result, a sought-after educational destination such as Madrid is a solid and defensive investment choice in the midst of the Corona Virus market downturn situation as well as when the “new normal” kicks in.

Contact information:

📧 📞 (+34) 91 990 85 78

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