DoveVivo Continues Expansion, Acquires French Chez Nestor

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(ANSA) – MILAN, MARCH 31 – Dovvivo, the Italian company that rents, renovates (if necessary) apartments or real estate complexes and rents them out to students and young workers, is looking to acquire a new further strengthens its business plan by announcing: Chez Nestor, the French leader in living with a portfolio of over 1,300 beds in 6 cities.

A strategic investment of 50 million euros by associates controlled by Starwood Capital Group Fund in Dovvivo’s capital and the previous two M&A operations (acquired Altido in February) – underlines a note – has led to the creation of one of the largest residential management Leading platform in Europe with 350 employees, 2,500 properties, 13,000 beds, 400,000 square meters managed, 1.4 billion Euro assets under management in 40 destinations and 6 countries (Italy, Spain, France, Portugal, United Kingdom and Scotland).

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