First “to live together” of the suit It’s already a fact. The company owned Swamp Group; Tasmania Group, owned by Catalan businessman Rubén Fernández; and its founders’ association Valwealth Valencia Institute of Infertility (IVI), inaugurated this Friday first establishment dedicated to it new accommodation model specially designed for stays medium lengthsuch as those performed by so-called digital nomads or professionals temporarily displaced and also includes services and communal spaces for work or socialization.
A new market segment in which backers of this initiative are willing to bet big, 60 million investment euros to expand the model to other Spanish cities by 2025, as announced by the firm’s CEO, Javier Fur. Thus, in addition to the establishment that opened its doors in Alicante this Friday, the firm already has two more properties in its portfolio. Valencia and Malagaand search for new places.
In this context, Suiters’ intent is to convert existing properties symbolic places, rescue singular architecture to “contribute to the improvement of degraded areas, their neighborhoods and cities”. In the case of Alicante, the application of “kolving” Former building of Axa insurance company On Alfonso el Sabio street in Alicante, in front of the Central Market. A building that has been abandoned for years and is in the process of decay.
The action respected the building, completely reshaped the interior and adapted to the façade, plant cover in the gaps between the windows – a vertical garden-, has already become one of the most characteristic images of the region. A project by architects Joaquín García Marín and María Langarita.
First Suites 49 accommodation units and common areas such as laundry, kitchen, lounges, dining rooms and workspace, as well as other equipment such as gym or bar. Fur assures that the market response is immediate and will open on the 1st of the establishment. almost 50% of the accommodation is already occupied.
The building the firm bought in Valencia is located on Avenida del Puerto and will have 40 accommodation units; The residence, located on Calle Lazcano in Malaga, will offer 62 residential areas.
The goal is to reach the goal 500 residences An investment of around 60 million euros is expected before the end of 2025. To do this, in addition to the development of its own projects, the firm opened a new business focused on asset management, consolidating business areas from other owners under the Suiters brand.
The attempt to start this company came from the Guardamar firm Grupo Marjal, whose ownership is shared by the Fur and Gómez families as a way to diversify its operations. Thus, “coliving” joins the promoter that the group already owns and operates under the brand. somium and to the department that manages the chain of tourism centers Alanyawhere they jointly own the Corpfin fund.