Spain

Nido Living plans to reach 25,000 beds in Europe by 2031

Nido Living plans to reach 25,000 beds in Europe by 2031

Nido Living, an operator specialising in student residences and flex living solutions, has set itself the target of reaching 25,000 operational beds in Europe by 2031. The company, acquired by CPP Investments in 2024, maintains a presence in Spain with five assets totalling 1,980 beds. These are located in Madrid (Aravaca, Príncipe Pío and Plaza Castilla), Seville (El Porvenir) and Valencia (Malvarrosa).

Nido Living's activity in Spain is framed within a context of sustained growth in the demand for accommodation designed specifically for students, motivated in part by the difficulties of access to traditional rental housing during the academic year. Added to this is the rise of flex living, a segment that has gained weight in the national real estate market in recent years.

According to data from Savills, in 2024, approximately 1.5 billion euros will be allocated in Spain to flexible rental solutions, such as flex living and coliving. This figure represents an increase of 15% over the previous year, bringing total investment in real estate assets to more than €8.3 billion. In contrast to the period 2021-2023, when this type of product accounted for 10% of investment, the current volume reflects an upward trend.

According to Atlas Real Estate estimates, the number of flex living beds in Spain reached 11,885 units in 2024. Forecasts suggest that this figure could increase to 26,776 beds in 2027, consolidating the expansion of this model in the alternative residential market.

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