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Transaction··1 min read

Limehome to Operate 80 Serviced Apartments in Lugano

As part of a development project in Lugano, Limehome will be responsible for operating 80 serviced apartments in a former office building that is being converted into a mixed-use property.

AI generatedLimehome to Operate 80 Serviced Apartments in Lugano – AI-generated illustrative image
Limehome to Operate 80 Serviced Apartments in Lugano. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

Limehome will take over the operation of 80 serviced apartments in Lugano. These units are part of a comprehensive development project that transforms a former office building into a mixed-use property. The development combines hospitality offerings with office spaces and publicly accessible areas, thereby enabling versatile use of the location.

The real estate company MONDO is responsible for the development of the overall project. During the planning and implementation of the hospitality component, specialised consultancy was engaged. DIH Solutions advised MONDO on defining the operator strategy and the subsequent selection process.

Background to the Operator Selection

The operator selection process involved a detailed review of potential candidates. Limehome was identified as a suitable partner for the future management of the 80 serviced apartments. The decision was made after a comprehensive evaluation by the parties involved.

DIH Solutions led the support for MONDO throughout the entire selection process until the successful conclusion of the lease agreement with Limehome. This transaction marks a further step in the transformation of existing properties into contemporary usage concepts that meet the demands of a dynamic real estate market. The integration of serviced apartments into a mixed-use environment reflects the current trend of combining flexible living space with work and leisure options.

The project in Lugano underlines the tendency to revitalise existing properties through strategic reorientation. MONDO's expertise in project development and the specific advice from DIH Solutions contributed to securing a renowned operator for the hospitality segment of the project. This sets an important precedent for the future use and positioning of the property.

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