Berlin/Madrid, October 17, 2024 - NUMA Group, Europe's leading operator of a fully digitalised hospitality platform, is pleased to announce its launch in the Spanish city of Valencia. The company has secured its largest property in the region to date, furthering its expansion in the Iberian Peninsula in partnership with STRACO Real Estate Iberia.

NUMA offers innovatively designed apartments and studios for modern travelers that combine the advantages of traditional hotels with the convenience and flexibility of short-term rentals.

The new property, located at Carrer Guillem de Castro, 101 in the Ciutat Vella neighborhood and 200m from the Mercat Central, will include 132 units and is scheduled to open by the second quarter of 2026. This development underscores Numa's commitment to growing its presence in key markets and ability to partner with strategic real estate investors in the alternative living space.

Philipp Rohweder, Director Real Estate of NUMA, said, “For the NUMA Group, launching in Valencia marks a significant milestone in our strategic expansion across Iberia. This vibrant city offers us a valuable opportunity to tap into both the tourist and business travel markets, which are crucial for our continued growth. The new property in Valencia is strategically located, allowing us to continue demonstrating our capability in securing prime assets in Spain. By establishing a strong presence in this key market, we are reinforcing our commitment to providing exceptional hospitality experiences throughout the region.”

Arne Frederix, Managing Partner of STRACO Real Estate Iberia commented, “Partnering with NUMA to operate this prime property in central Valencia was an easy decision. Their reputation for seamlessly managing properties and delivering exceptional guest experiences aligns perfectly with our vision. We’re confident that NUMA’s expertise will maximize the potential of this building, making it a standout destination in the heart of the city. This project is a perfect addition to our existing Spanish portfolio of c.2,000 PBSA beds, proving STRACO’s commitment to Spain and opening to new asset classes by partnering with tier 1 operators for each asset class.”

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About NUMA Group

Berlin-based NUMA Group is the leading European operator of a fully digitized hospitality platform. The company offers modern travelers innovative design apartments and boutique studios. 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 8,000 units in European A-cities, including Berlin, Munich, Rome, Milan, Madrid, Barcelona and Vienna. 

For more information, visit: www.numastays.com - partner.numastays.com

About STRACO Real Estate Iberia

Straco Real Estate is an international real estate investment and development company, specializing in high-quality commercial, residential, and PBSA projects. Active in Belgium, Luxembourg, Spain, Romania and Poland, the company continues to grow its portfolio through strategic investments, including its joint venture Speedwell in Eastern Europe.

For more information, please visit: www.stracorealestate.be

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