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Investors - SEPTEMBER 12, 2019

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Hmlet targets Australia with Sydney co-living

by Andrea Zander

Co-living company Hmlet has created a partnership with Sydney-based developer Revelop to open four new co-living properties across Sydney, marking the first portfolio deal for Hmlet in Australia and the first major expansion into the co-living sector by an Australian developer.

The Hmlet-Revelop partnership will add a further 110-beds to Hmlet’s Australian portfolio and dramatically expand its footprint across Sydney. Mays Hill and Harris Park in Sydney’s West, Balgowlah in the Northern Beaches, and Petersham in the Inner West will join Hmlet’s existing co-living properties in Paddington, Newtown, Marrickville and Alexandria.

Notably, Hmlet’s two new western suburbs properties will provide Hmlet with a strategic foothold in the Parramatta business district, which serves as Sydney’s second CBD and o

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