Regulation aimed at better defining the co-living product and giving local authorities greater confidence in the burgeoning sub-sector’s business model is required for the market to grow, according to industry experts.
Colin Shenton, chief executive of investor the Shenton Group – which owns co-living provider Oppidan Life – and Andrew Purdon, head of co-living transactions at CBRE, joined reporter Dan Whelan to thrash out the issues currently preventing co-living from really taking off, and discuss what can be done to break down those barriers.
Questions asked in this podcast:
- What are local authorities’ attitudes towards the co-living concept?
- How would co-living be defined if given its own use class?
- Is co-living an attractive prospect for funders?
- Why are some cities more open to the idea of co-living than others?
For more information on Oppidan Life and co-living, visit oppidan-life.com