Portfolio grows to a total of more than 4.500 units in 27 cities in ten European countries
Expansion into five new markets in the last 12 months and strategic strengthening in the core markets of Germany, Spain and Italy
Berlin, August 09, 2023 - NUMA Group, the leading European operator of fully-digitized boutique apartments and technology developer, successfully continues to grow and has increased its managed portfolio to over EUR 1.5 billion.
As a provider of boutique apartments, NUMA has exended its successful expansion strategy in 2023 and significantly expanded its presence in the core markets of Germany, Italy and Spain with selected acquisitions. In addition, the company has entered strategic new markets in the last 12 months. NUMA Group expanded its successful model in Norway, Portugal, Belgium, Czech Republic and Switzerland.
With its portfolio, NUMA Group focuses on cityscape-defining, iconic buildings and properties in prime locations in European tourist hotspots.
“NUMA, with its high-tech concept, offers a professional investment solution for the fragmented European hospitality market, especially with regard to owner-operated properties. We have consistently expanded the NUMA brand into prime locations in new markets in recent months and remain highly optimistic for the remainder of the year, even in the current market environment. We are planning massive expansions in our existing markets and will also expand NUMA’s presence in France, the UK, Ireland and the Nordic countries,” explains Christian Gaiser, CEO of NUMA Group.
“The pace of the institutionalization of the boutique apartment segment continues to accelerate. In contrast to the traditional hotel and serviced apartment industry, the digital NUMA concept is significantly more resilient to macroeconomic shocks. Over the past few challenging years, we have repeatedly proved that we can quickly react to different market situations. This makes our business model very attractive, especially for professional investors,” says Dimitri Chandogin, President of NUMA Group.
NUMA works internationally with its real estate partners LaSalle Investment Management (www.lasalle.com), Patrizia (www.patrizia.ag), Soravia (www.soravia.at), Signa (www.signa.at), C&P (www.cp-ag.at), Carucel (www.carucel.no), Ort Group (www.ort.ag), and 777 Capital Partners (www.777capital.com), among others.
Berlin-based NUMA Group is the leading European operator of fully-digitized boutique apartments and technology developer. The company with the brand attitude "Traveling with Soul" offers innovative design hotels for modern travelers. As a reliable partner for investors, owners and developers, NUMA uses proprietary technology-based operator solutions that largely automate operational processes and increase cost efficiencies and revenues. NUMA successfully operates more than 4,500 units in European A-cities, including Berlin, Munich, Rome, Milan, Madrid, Barcelona and Vienna.
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Press contact NUMA Group Europe Corporate Communications Joachim M. Guentert Jaegerstr. 71 D - 10117 Berlin