Live for MIPIM 2023:
GUI Perdrix, President of Co-Liv and Founder of Art of Co & Maël Aoustin, President of the Management Board of UXCO Group.
In this engaging conversation, Gui Perdrix interviews Maël Aoustin, who shares his experiences managing large co-living spaces and student housing residences in France. Maël emphasizes the importance of having the right team on the ground to animate the community and provide an incredible experience for residents. He also explains how ECLA, one of UXCO Group's branches, has developed its own app to streamline access to services and amenities within their co-living spaces. Looking forward, Maël envisions the future of co-living operations involving scaling the business and having even more residences and beds in each country. He also emphasizes the necessity of addressing specific target groups, as different co-living spaces cater to various stages of people's lives. Maël calls for more investors to invest in the co living asset class, as owning the assets enables reinvestment and future growth in the sector.
Notable Quotes: "Having the right team on the ground is key for co-living; it's all about animation and experience." - Maël Aoustin "Trying to make co-living for everybody on the same site is a mistake; we need to address specific targets." - Maël Aoustin "What is missing in the co-living sector is more investors investing in this asset class. Owning the assets allows you to reinvest in the assets and build the future." - Maël Aoustin