Vonder expands co-living portfolio with second site in Warsaw
Vonder, the global co-living brand, has announced that Warsaw city centre will be home to its latest project, UpTown by Vonder, which will present 113 brand new luxury apartments to the rental market in Poland’s capital. The new project joins UpRiver by Vonder, the brand’s flagship site in Warsaw, which officially launched last year and will complete on the fifth stage of its development in March.
UpTown by Vonder is set to launch at the beginning of March. Located at 9 Dubois Street, on the doorstep to Warsaw city centre, the new development is an ideal solution for those looking for modern, one-stop-shop living within a central location. The complex spans over 54,000 sq ft of residential space and offers 36 studio apartments, 41 one-bedroom apartments, 28 two-bedroom apartments, and eight three- or four-bedroom apartments with views of the iconic Warsaw skyline.
According to CBRE’s latest co-living report, over the past decade the level of renting across Europe has risen. In 2018, 31% of the EU population were living in the private rented sector, up from 27% ten years ago[1]. Vonder has recognised a huge opportunity to tap into this growing market and together with the brand’s biggest project in Warsaw, UpRiver by Vonder, the global co-living business will retain the master lease for over 500 apartments within Poland’s famous city centre.
Vonderers choosing a home at UpTown will also still have the opportunity to access to over 5,000 sq ft of amenities that will be available at UpRiver by summer 2021, including a fitness and yoga studio, cinema room, café, bar, co-working spaces with conference rooms, shared kitchens, as well as concierge service and parking. There is only a 15-minute drive between the two developments, making it a viable option for many millennials wanting to live independently but still have the opportunity to be a part of a wider community.
Commenting on Vonder’s expansion into Poland, Tomer Bercoviz, CEO of Vonder, said: “We are continuing to see a growing trend of young professionals seeking a sociable housing experience as a result of Covid-19. Our ongoing success in UpRiver, with a steady 95%+ occupancy rate, has proven to us that Warsaw is a great city for our concept, with many young professionals searching for high quality urban homes, with access to a vibrant global community.
“We are incredibly excited to launch UpTown and to be completing the fifth stage of UpRiver. Both sites will offer two different types of development in great locations, with access to a wide variety of amenities. The purpose of launching two sites is to create a c0-living ecosystem whereby the community will have the benefit of living as a Vonderer no matter what property they choose.”
UpTown by Vonder offers a more central Warsaw location with easy access to the local metro station - Dworzec Gdański - only 13 minutes’ walk away. The development is part of an established residential area benefitting from a convenience store within the building and surrounded by several parks, shops, cafés and restaurants all within walking distance. The biggest shopping centre in Warsaw, Arkadia, and Krasinski Palace being only 10 minutes’ walk away. Local tram and bus stations are also within walking distance.
UpTown is the latest development to join the brand’s existing international portfolio, which will continue to strengthen the growth of Vonder’s global co-living brand of over 30 locations across London, Berlin and Dublin, with Dubai and the US coming soon.
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