STRIDE Co-Living AG

Co-Living has emerged as a compelling alternative to traditional living arrangements, particularly in urban environments. Defined by a strong sense of community and convenience, co-living offers numerous benefits such as shared facilities and communal services that enhance residents' living experiences. Over the past two years, this sector has seen remarkable growth across Europe, with an increase to approximately 25,000 beds as the trend continues to gain traction. The hybrid nature of co-living, characterized by its flexibility, positions it well for further expansion in the coming years, meeting the housing needs of both current and future generations. Stride Co-Living, launched by entrepreneur Gunther Schmidt, represents a second-generation co-living platform leveraging innovative technologies like the Internet of Things (IoT) to provide a fully integrated residential experience. The company focuses on creating vibrant, community-oriented living spaces in major German cities including Berlin, Hamburg, and Munich, among others. With a flexible range of living spaces from 1,000 to 5,000 square meters, Stride seeks to establish itself as a leader in the co-living market by acquiring new properties and signing lease contracts. Gunther Schmidt, a seasoned entrepreneur with a background in Internet advertising and real estate technology, previously co-founded QUARTERS Co-Living, which became a leader in the co-living sector across 16 cities in the U.S. and Europe before he established Stride. His vision for Stride incorporates advanced IoT applications, enhancing the living experience for residents while also presenting value to property owners. The focus on community and technological integration is set to redefine urban living, making co-living not only a practical choice but a desirable lifestyle.