£14,400,000 – Southeast England

Puma Property Finance has partnered with Kosy Co Living and Maven Capital Partners to build Brighton’s first purpose-built co-living development. Once completed, the complex will comprise 83 single-occupancy studios, with shared kitchen and lounge space, as well as an extensive range of amenities including gym, cinema, roof garden terrace and co-working area with café.

The development is part of Kosy Co Living and Brighton’s first proposed 388-bed co-living and co-working urban village, which is on Melbourne Street.

Co-living is a housing rental option that is growing in demand across many UK cities and proving popular, especially among Millennials, offering a convenient and affordable alternative way to rent a property. This new concept of living is designed to meet changing consumer demands and the growth of ‘generation rent’. Residents have access to an extensive range of facilities required for modern living, with housekeeping and all bills and utilities covered by a single rental payment. The all-inclusive rental package at Brighton also includes co-working facilities for residents, to accommodate today’s working environment.

Brighton is an ideal location for co-living, due to its established creative, artistic and digital media community, with a high proportion of those being freelance and young professionals.