Suiters, a growing name in the residential co-living sector, is expanding its reach with a newly formed partnership that consolidates several strategic moves across its operating regions. The latest development follows a December decision where the Fur and Gómez families granted access to new shares in a subsidiary linked to the Tasmanian Group, while Rubén Fernández, a notable Catalan entrepreneur, publicly announced the establishment of a joint venture that integrates the efforts of Valenican sector leaders from the Valencia Infertility Institute. Founders and current shareholders of IVI, including Antonio Pellicer Martínez, Luis Pellicer Martínez, José Alejandro Remohí Giménez and Carlos Bertomeu, are now aligned with Suiters through this broader partnership network.
As a result, Suiters will see its shareholder base reorganized into three equal portions moving forward. The company expects this merger to accelerate its ambitious growth plan, underwriting a substantial investment of sixty million euros over the next four years. The leadership team emphasizes that the new partners will bring substantial strategic value to widen Suiters presence while maintaining a strong commitment to domestic capital. The collaboration is presented as highly complementary with other stakeholders, reinforcing the work already undertaken with Marjal Grupo. Over the years, this collaboration has driven the design of distinctive spaces under the Somium housing division and helped create leisure, recreation, and tourism experiences within a resort network anchored by the Alanya portfolio.
A visual concept depicts a future Suiters gathering outside Alicante Central Market as a symbol of the brand’s urban renewal ethos. The operation was coordinated by the Real Estate Corporate Finance team at Deloitte, a detail underscoring the professional rigor behind the deal. Coliving represents a contemporary housing model that matches current trends among digital nomads, researchers, and professionals who seek flexible stays or relocations for work, study, or recreation. Projects of this nature blend shared spaces with private living areas, a configuration referred to by Suiters as the “shared abundance formula” designed for work, leisure, or social life.
Suiters already manages properties that showcase unique architecture in need of revival, aiming to boost the vitality of their neighborhoods and cities. The core aim of these initiatives extends beyond providing accommodation; they strive to contribute to economic and urban sustainability, generating a positive environmental impact while revitalizing local communities.
The broader industry context notes that a downturn in tourism and fewer international flights are affecting project economics for developers like Marjal. Presently, the company has three initiatives in development, totaling more than 150 accommodation units across Alicante, Valencia, and Málaga. The Alicante project is the first to reach completion this year, situated opposite the city’s Central Market and offering 49 accommodation units. The Valencia project will deliver 40 lodgings on Avenida del Puerto, while the Málaga site on Calle Lazcano will provide 62 residential units.
Looking ahead, Suiters aims to expand to 500 units. To reach this target, the company is pursuing a dual path: continuing its own project development while launching a new asset management line. This new division will repurpose spaces owned by others, bringing them into the Suiters framework to extend the brand’s philosophy and values across additional properties.