Berlin, Germany
The Base FOL Group GmbH, founded in 2019 and headquartered in Germany, is strategically positioned at the crossroads of Hospitality, Prop Tech, Real Estate, and Workspaces. The company is focused on addressing urban loneliness through unique co-living spaces, particularly in prime locations like Berlin and Munich.
The company's mission, encapsulated in their slogan "The Base Coliving vision is to shape the future of living to combat urban loneliness", is operationalized through a business model that benefits both young professionals looking for affordable housing options and property owners seeking to increase lease value. Their technology-enabled real estate investments are currently manifested in developing 320 apartments in Berlin and 156 in Munich.
So far, The Base FOL Group GmbH has successfully attracted capital, having secured a €5.00M Venture Round investment in July 2021 from notable investors 32nd Floor and GDC Ventures. The firm aims to expand its co-living concept into other major German cities, positioning itself as a leading global player in this evolving market.
