Habyt Group

Habyt Group is a global co-living and residential property management company formed through the merger of Habyt and Common in January 2023. The company operates over 30,000 units across three residential categories: co-living spaces, studios, and traditional rental apartments.

The group utilizes a technology platform that enables residents to access rental properties and services digitally, eliminating traditional paperwork and bureaucratic processes. Habyt Group employs two distinct business models - long-term leases with bedroom rentals in furnished shared apartments, and revenue-sharing agreements with landlords for property management. Prior to the merger, both companies experienced significant growth, with their operations expanding threefold in 2022.

The merger combined Habyt's presence in Europe and Asia with Common's North American operations, creating a unified entity that aimed to achieve profitability in 2023. Before merging with Common, Habyt had previously acquired Hmlet to establish its presence in the Asian market.