Corporate apartments are fully furnished and serviced units designed for short-term housing. Typically located in or near business hubs, it is a convenient and an affordable solution for business travelers, families in-between-places, or those looking to relocate to a foreign country.Â
The occupancy rate for corporate housing reaches on average 80% – 100%, considering the year and current market condition, which makes the asset more or as profitable as long-term BTRs. As about 50% of short-term stays are due to business trips or relocation, the cost is often covered by employers and corporations, which creates long-term partnership opportunities.
Our local market expertise, in combination with international experience, also allows us to provide high-quality relocation services to international companies.