Disruptor company Cohab, a new entrant to the residential lettings and management market which charges an all-in lettings and management fee of just 5% (excluding VAT) has formed a business alliance with LOFT, provider of a full-service furnishing solution and fellow tech innovator.
LOFT’s declared purpose is to “enhance the residential experience, minimise our environmental footprint and optimise our social impact. We specialise in furnishing homes with ethically sourced products, designed to enhance the living experience, health, and well-being of every single person involved in our eco-system - manufacturers, suppliers, employees, customers, and end users alike.” LOFT is revolutionising the design process by introducing digital tools for specifying furnishings according to the company.
Both Cohab and LOFT are tech-enabled and have similar goals, making their alliance “a natural fit” according to LOFT Founder Benjamin Hall.
Cohab is looking to its new partnership with LOFT to help it drive an ambitious expansion programme by attracting landlords to its technology-enabled residential management offering. “We have a target to build a portfolio of 1,000 residential units in our first year of operation and a goal to have 30,000 units in place in the next two to three years” says Cohab CEO and Founder Saveli Kotz. “Our relationship with LOFT will add value to Cohab’s offer and differentiate us as a new and innovative player in the lettings and management marketplace.”
