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Mähren invests in startup for short-term accommodations
Mähren AG is participating in the co-living startup Projects XYZ GmbH with seed capital in the high six digits. According to a report, the PropTech company plans to offer over a hundred rooms in Berlin and expand into other European cities in the medium term. It sees itself as a community whose members have flexible use of furnished rooms in full-service shared housing. Projects XYZ leases apartments and then organizes room sublets. Their main target group is young professionals. According to Mähren, the concept provides apartment owners with higher rental income and long-term utilization of space.
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