Veeve adds 200+ London and Paris homes to portfolio

Veeve adds 200+ London and Paris homes to portfolio


Todays other news
Ahead of the Renters’ Rights Act coming into force this...
High-end short-term rental management company Veeve has added more than...
A Lake District village is generating £45,900 a year for...
For residential property investors, the North-East of England, particularly the...

High-end short-term rental management company Veeve has added more than 200 luxury homes in London and Paris to its portfolio through a partnership with onefinestay.

The expansion strengthens its position across two of Europe’s most competitive prime markets and is expected to generate over £2.3 million in annual net revenue.

As part of the expansion, onefinestay has entered into a strategic partnership with Veeve to support the transition of the portfolio of homes, with management moving to Veeve. The partnership builds on a long-standing relationship between the two companies and has been structured to ensure continuity for both homeowners and guests, with no disruption to existing reservations, the company said.

Veeve has already onboarded more than 700 properties during its merger with UnderTheDoormat.

‘A defining moment’

Merilee Karr, CEO, Veeve, part of the UnderTheDoormat Group, said: “We are delighted to bring these exceptional homes under our management. This is a defining moment for Veeve, reinforcing our position at the high end of the market in London and Paris. This portfolio significantly enhances our offering in two of Europe’s most important cities and marks an important step in our continued growth.”

Tyler Thompson, managing partner, Second Century Ventures, said: “We’ve backed the UnderTheDoormat team through multiple strategic moves, and this latest acquisition reinforces why. Pairing these homes with UnderTheDoormat’s platform creates scale, strengthens the product, and sets the stage for accelerated growth. We’re excited to continue supporting Merilee and the team as they build a category leader.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Subscribe to comments
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
The UK housing market is currently being shaped less by...
Northern Ireland’s emerging investment hotspots are delivering compelling opportunities for...
Scotland is becoming one of the most sought-after UK property...
No, London was not the best performing area...
London appears to be the worst affected location...
Recommended for you
Latest Features
Ahead of the Renters’ Rights Act coming into force this...
High-end short-term rental management company Veeve has added more than...
A Lake District village is generating £45,900 a year for...
Sponsored Content
Jason Harris, Managing Director of professional property purchasing specialists, Open...
The government has published the Renters' Rights Act Information Sheet...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

0
Would love your thoughts, please comment.x
()
x