Co-living company DoveVivo has acquired ALTIDO, one of the largest short-term property management groups in Europe.
The transaction, which involves the reinvestment of capital by ALTIDO’s management team in DoveVivo, has created the largest residential management platform in Europe with more than 2,500 properties and apartments under management in 40 cities, in six countries (Italy, Spain, France, Portugal, the UK and Scotland).
DoveVivo’s leading shareholder remains DV Holding SpA, a vehicle controlled by the founders Valerio Fonseca and William Maggio together with the minority shareholder Tamburi Investment Partners SpA. The transaction follows the recent entry of US fund Starwood Capital Group into DoveVivo’s capital, joining Tikehau Capital, which joined the group in 2019.
