(Alliance News) – Dotstay Spa reported Wednesday that its properties under management increased by one unit as of September 30 to 19 units from 18 units on June 30.
The number of rental units, on the other hand, increased from 37 mid-year to 50.
Alessandro Adamo, Founder and CEO of Dotstay, said: “In line with the resumption of activities after Covid-19 and the resulting increase in the number of housing applications from students and employees, we have chosen to increase the share of directly rented residential properties. This decision, highlighted by the figures presented today, is in line with the company’s new strategy, which stems from a key opportunity in the current market: the tendency to favor long-term rentals over short term rental.”
Dotstay shares closed unchanged on Wednesday at EUR 7.00 per share.
By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter
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