The co-revolution: living, working and learning together

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Class of 2020 News Release: 21 March 2018

From students to young graduates, news paths to enter the professional landscape are emerging. Modern communication, technologies and the ubiquity of internet access makes it possible to work from wherever, whenever: facilitating the contemporary ‘gig-economy’.

It often eliminates the need to go to an office at all, potentially risking social isolation and detachment. In response to this phenomenon, a workplace evolution has been taking place in which new, serviced working environments emerging going far beyond the traditional office are emerging.

Not only is this tendency flourishing in the work sector, the same trend can be observed in the living realm. Communal living typologies for recent graduates are on the rise, learning from experiences in student accommodation. As Jonathan Burrows, Founder and CEO at Ask4 underlines:

"The co-living and working revolution is a natural progression from PBSA for supporting diverse and remote working patterns and fostering creativity."

Stemming in part from increased costs of living in the most congested cities, co-living platforms offer an attractive alternative to otherwise archaic housing options, as emphasied by Felix Hillen, Managing Director at The Student Hotel: 

"They answer very specific needs for all-inclusive and fully furnished accommodation of superior quality that concurrently enables communities to connect and form.”

The growing desire from a younger generation to maintain an urban lifestyle that tailors and integrates living with shared services, amenities and communal events results in the emergence of a wide variety of ‘micro-societies’ across European cities. As Georg-Christian Rueb, Senior Portfolio Manager at Union Investment highlights:

“Micro Living in Germany and Europe has evolved from a niche into a global, institutional asset class.”

The co-revolution of living, working and learning is catalyzing a new market that puts experience before material goods.

Through The Class’ Germany Regional Session in Hamburg on April 12th, thought leaders will address the topic of co-living, co-working and co-learning giving fresh new perspectives to build a better future for the students and recent graduates of tomorrow. Through panels featuring distinguished speakers including Daniel Gorzawski, Gerrit Ernst, Jill Ju, Georg-Christian Rueb, and Felix Hillen, the session aims at providing learnings as much as raising questions beyond the topic.

> book your place at the Germany Regional Session

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ABOUT THE CLASS OF 2020

The Class of 2020 is a leading Think Tank for the future of living, working and learning. The Class is shaping the knowledge ecosystem where cities, universities and the real estate community cooperate to make student living efficient, international, and welcoming. Our vision is for cities to attract and retain the brightest young minds, and for them to lead the way to social and economic success in return. The Class of 2020 provides cutting edge research to develop individual solutions for the ever-changing, modern urban landscape. Our in-depth regional sessions, educational workshops, and annual Conference provide our growing network with a stage to identify the current needs and shape the student living of tomorrow.

For any further information or enquiries contact Manon: manon@theclassof2020.org.

> ASK4 is proud to be a partner of The Class of 2020