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Ando Living
“Ando Living”, founded originally as Prima Collection in Lisbon in 2017 and redesigned for progressive nomads in 2022, is a lifestyle serviced apartment brand of the OptylonKrea investment group which has invested in projects worth 500 million Euros in the Lisbon and Porto regions in Portugal, manages 4 investment funds and operates more than 700 apartments with its subsidiary Lovelystay. In addition to 700 non-branded apartments under operations in Portugal, as a new generation and pioneering aparthotel brand, Ando Living will operate primarily throughout the Mediterranean countries, such as Greece and Spain. The ‘Ando Living’ brand also aims for an expansion in European metropolises like London, Paris, and Berlin as well as Dubai. It is projected that the brand will operate in a total of 50 locations in 10 different cities within the next five years. Ando Living brand has now reached to 12 locations in Portugal and 3 locations in Turkey. It has a strong business model that will meet (i) today's trends and (ii) the demands of the guests and property owners and have the potential to grow quickly to fill the gap in the hospitality market globally. In this context, a real estate investment fund, Prima Europe Fund, has been developed targeting 150 million Euros equity from 450 participating investors, to be used for the funding of the pipeline projects.