BGO and Stoneweg unveil €500M flex living investment platform in Spain

The joint venture aims to develop and acquire residential assets designed to meet the steadily growing demand for flexible living solutions, primarily targeting young professionals, corporate executives, and individuals seeking medium-term accommodation in major urban centers.

The platform’s first project is the Bext Valdebebas residential complex in Madrid, comprising 583 fully furnished units ranging from studios to one- and two-bedroom apartments. The development is complemented by extensive shared amenities, including coworking spaces, a fitness center, a swimming pool, and sports facilities, reflecting the evolving needs of modern living and working.

According to the two companies, the new platform will serve as a vehicle for further investment in the Spanish market through both new developments and the selective acquisition of existing assets. The strategy focuses on markets characterized by strong demographic fundamentals and a limited supply of high-quality housing.

The initiative comes at a time when the flex living sector is attracting growing interest from institutional investors across Europe. Increased workforce mobility, the rise of hybrid working models, and the challenges facing traditional housing markets are creating favorable conditions for the expansion of this asset class.