Joivy
| Private | |
| ISIN | 🆔 |
| Industry | Property management, Real estate, hospitality |
| Founded 📆 | 2007 (as DoveVivo) |
| Founders 👔 | Valerio Fonseca, William Maggio |
| Headquarters 🏙️ | Milan, Italy |
Area served 🗺️ | Europe |
| Products 📟 | Property management; Design & Build services; Short-, medium- and long-term accommodation; Real estate investment services |
| Members | |
Number of employees | 450 (2024) |
| 🌐 Website | joivy.com |
| 📇 Address | |
| 📞 telephone | |
Joivy is a European residential real estate platform providing property management and accommodation services for short-, medium-, and long-term stays. The company originated in Italy in 2007 under the name Reale Gest, later renamed DoveVivo. Since 2023, it has operated under the unified brand name Joivy, formed by integrating several brands, including DoveVivo, ALTIDO, and Chez Nestor.[1] The group is active in several European countries, including Italy, France, Spain, Portugal, England, and Scotland.[2][3][4][5]
History
DoveVivo was founded in 2007 in Milan by Valerio Fonseca and William Maggio under the name Reale Gest, focusing on the management of residential properties rented from third parties and sublet primarily to university students and young professionals. It was later rebranded as DoveVivo. Fonseca and Maggio have remained involved in the company's management since its foundation.[6][7][8][9][10]
In 2009, DoveVivo reached 100 managed rooms in Milan. In 2010, it expanded to Como, followed by Bologna in 2014 and Rome in 2015. By 2017, the company managed nearly 600 properties and opened new headquarters in Milan.[11][12]
In 2012, Chez Nestor was founded in Lyon, operating in the residential rental and coliving segment in France.[13][14]
Between 2018 and 2020, DoveVivo completed several acquisitions in Italy, including H4U srl, Place4You srl, Easy Room srl, Rtmliving srl, and Milanostanze srl, expanding into coliving and student housing.[11][15]
In 2019, ALTIDO was created by merging Rent Experience (Portugal), LRC (United Kingdom), Hintown (Italy), and BNB Buddy (Scotland), establishing a multi-national hospitality management firm.[16][17][18]
In 2021, DoveVivo began international operations in Spain and France.[2] In July of the same year, the company also expanded its operations in Italy, including the cities of Ferrara and Venice.[19][20]
In 2022, DoveVivo acquired both ALTIDO and Chez Nestor, forming a residential management group with more than 2,500 properties across six countries.[2][21][22][23]
In 2023, the group acquired the home renovation company Rinnow! and introduced the unified brand identity Joivy, combining DoveVivo, ALTIDO, and Chez Nestor under a single platform.[3][4][24][25]
In 2024, the company launched Joivy Invest, a platform focused on residential real estate investment services.[26][27][28]
Operations and structure
Joivy provides property management services for residential real estate, including administrative management, maintenance, renovation coordination, and marketing of rental properties.[2][28][29][30] The company manages accommodations for tenants, including students, young professionals, business travelers, and tourists, and provides design and build, as well as asset-related services, for property owners.[3]
As of the mid-2020s, Joivy operates in Italy, France, Spain, Portugal, England, and Scotland, managing approximately 4,000 residential units and around 11,000 rooms across about 50 destinations.[4][31] Joivy also operates student housing facilities in several Italian cities, including the San Giobbe student residence in Venice.[32] The company is headquartered in Milan and operates 16 offices and 15 operational hubs across Europe. In 2024, it employs 450 staff members[33].
Ownership and funding
In 2019, DoveVivo raised €72 million in a funding round to support its international expansion.[34][35] That same year, the company completed a capital increase of €50 million led by Tikehau Capital.[36]
In 2021, Tamburi Investment Partners invested €30 million through its StarTIP vehicle, acquiring 20% of DV Holding.[24][37][38]
In 2022, Starwood Capital invested €50 million for a 22% minority stake. The main shareholder remains DV Holding S.p.A., controlled by founders Valerio Fonseca and William Maggio, with Tamburi Investment Partners as a minority shareholder.[39]
Recognition
In 2018–2019 and again in 2019–2020, DoveVivo was included in the Leaders of Growth rankings published by Il Sole 24 Ore and Statista.[40][41]
In 2023, ALTIDO was named Best Urban Property Management Company at the Shortyz Awards.[42]
References
- ↑ Cavestri, Laura (21 November 2023). "DoveVivo si chiamerà Joivy e sarà più europeo". Il Sole 24 Ore (in italiano). Retrieved 2026-02-06.
- ↑ 2.0 2.1 2.2 2.3 Kalyanaraman, Srividya (2023-11-21). "Italian Property Manager DoveVivo and UK, French Affiliates Rebrand as Joivy". Skift. Retrieved 2026-02-06.
- ↑ 3.0 3.1 3.2 "New residential platform Joivy launches". Green Street News. Retrieved 2026-02-06.
- ↑ 4.0 4.1 4.2 "The "1st multi-purpose residential platform in Europe" starts up in Portugal". Idealista News. 2023-12-15. Retrieved 2026-02-06.
- ↑ Nisi, Alessio (31 January 2022). "La exit di brumbrum, il round di Apparound e le nuove startup del db di Italian Tech". la Repubblica (in italiano). Retrieved 2026-02-06.
- ↑ Rinaldi, Andrea (11 November 2019). "DoveVivo porta uno student hotel nell'ex manifattura Rosi". Corriere della Sera (in italiano). Retrieved 2026-02-06.
- ↑ "Italian Real Estate Industry Yearbook 2021" (PDF). Confindustria Assoimmobiliare: 148. July 2021. ISBN 978-88-3359-367-8 – via LiberiaUniversitaria.it.
- ↑ "DoveVivo punta a 100 milioni di fatturato nel 2022: acquisizioni in vista". Il Sole 24 Ore (in italiano). 11 October 2018. Retrieved 2026-02-06.
- ↑ "DoveVivo, la start up di coliving svela San Giobbe: il nuovo campus universitario di Venezia". il Nord Est (in italiano). 12 December 2021. Retrieved 2026-02-06.
- ↑ "Otto new entry nello Startup Database di Italian Tech". la Repubblica (in italiano). 25 October 2021. Retrieved 2026-02-06.
- ↑ 11.0 11.1 Ciaramella, Gianandrea (2018). An overview of private purpose-built student accommodation (PDF). Milano: School of Architecture, Urban Planning, and Construction Engineering. pp. 99–100. Retrieved 2026-02-06. Search this book on
- ↑ "DoveVivo completa un'operazione da 50 milioni di euro con l'ingresso strategico di Starwood Capital Group". NT+ Diritto (in italiano). 27 January 2022. Retrieved 2026-02-06.
- ↑ Dezza, Paola (2022-03-31). "Dovevivo fa shopping in Francia e arriva a 13mila posti letto". Il Sole 24 ORE (in italiano). Retrieved 2026-02-06.
- ↑ "DoveVivo acquires Chez Nestor". ITHIC. 2022-04-04. Retrieved 2026-02-06.
- ↑ "Dovevivo, il fatturato 2022 è cresciuto del 120 per cento". Economy Magazine (in italiano). 27 January 2023. Retrieved 2026-02-06.
- ↑ Lunden, Ingrid (2019-05-15). "In travel tech, 4 rivals merge in Europe to form Altido for property management of Airbnb-style homes". TechCrunch. Retrieved 2026-02-06.
- ↑ Wisse, Madison (2019-05-15). "Short-term rental companies join forces to take on Airbnb". Travolution. Retrieved 2026-02-06.
- ↑ "Altido: efficienza e contenimento costi per superare la crisi dell'hospitality". Forbes Italia (in italiano). 15 June 2022. Retrieved 2026-02-06.
- ↑ "Industry News | The growth of DoveVivo continues with the opening of the business in two Italian cities – Ferrara and Venice [DoveVivo]". The class foundation. 2021-07-21. Retrieved 2026-02-06.
- ↑ "DoveVivo, la più grande coliving company in Europa arriva a Venezia con un campus universitario per Ca' Foscari". il Nord Est (in italiano). Retrieved 2026-02-06.
- ↑ "DoveVivo adquire Altido e cria a maior empresa de gestão residencial na Europa". Diário Imobiliári (in português). 24 February 2022. Retrieved 2026-02-06.
- ↑ Stevens, Paul (2022-02-24). "DoveVivo buys ALTIDO to form "Europe's largest living operating company"". Serviced Apartment News. Retrieved 2026-02-06.
- ↑ O'Neill, Sean (2022-02-24). "DoveVivo Buys Altido to Blend Co-Living With Short-Term Rentals". Skift. Retrieved 2026-02-06.
- ↑ 24.0 24.1 "FOCUS ON TIP'S PRIVATE ASSETS: LEADERSHIP AND RESILIENCY" (PDF). EQUITY RESEARCH Italy | Diversified Financials: 32–34. 2025-02-12 – via TIP.
- ↑ "DoveVivo compra Altido e expande negócio". Publituris (in português). 24 February 2022. Retrieved 2026-02-06.
- ↑ Cavestri, Laura (2024-09-19). "Joivy Invest closes first deal for short and medium term rental in Milan". Il Sole 24 ORE. Retrieved 2026-02-06.
- ↑ Leccese, Paolo (2024-07-04). "Innovazione e investimenti immobiliari: Flavio Angeletti di Joivy Invest ospite in esclusiva a Casa Radio". Casa Radio (in italiano). Retrieved 2026-02-06.
- ↑ 28.0 28.1 "Joivy Invest chiude il primo deal per l'affitto breve e medio a Milano". Il Sole 24 Ore (in italiano). Retrieved 2026-02-06.
- ↑ "A TAP ISSUE TO FUEL TIP'S INVESTMENT OPPORTUNITIES" (PDF). EQUITY RESEARCH Italy | Diversified Financials: 42–44. 2025-05-27 – via TIP.
- ↑ "Affitti: piattaforme online e costi". MilanoToday (in italiano). Retrieved 2026-02-06.
- ↑ "Lepontina opens new student residence in Isola district, Milan". Il Sole 24 Ore. Retrieved 2026-02-06.
- ↑ "Quasi pronta la residenza studentesca con rooftop e vista sulla laguna". VeneziaToday (in italiano). 2021-07-06. Retrieved 2026-02-06.
- ↑ "Immobilier : comment l'italien Joivy fait croître le coliving en France". lemoniteur.fr. October 4, 2004.
- ↑ "Investimento record: DoveVivo, piattaforma di affitto case per studenti, raccoglie 72 milioni". Corriere della Sera (in italiano). 29 July 2019. Retrieved 2026-02-06.
- ↑ "DoveVivo, 72 milioni per l'espansione all'estero della startup italiana del co-living". EconomyUp (in italiano). 29 July 2019. Retrieved 2026-02-06.
- ↑ "Italy's angles&incubators, fintech and venture capital weekly roundup. News from Assofintech, Ipervox, Blacksheep, AreaMedical24, Volocopter, Cdp Venture, DoveVivo, ModeFInance and more – BeBeez International". BeBeez International. 2021-03-10. Retrieved 2026-02-06.
- ↑ Noemi (2021-03-05). "Tamburi Investment Partners entra in Dovevivo". Financecommunity (in italiano). Retrieved 2026-02-06.
- ↑ "Round da 30 milioni di euro per DoveVivo, la co-living company europea". StartupItalia (in italiano). 2021-03-09. Archived from the original on 2025-07-16. Retrieved 2026-02-06.
- ↑ "Tikehau-backed DoveVivo completes EUR50m, strategic investment from Starwood Capital". Private Equity Wire. 2022-01-26. Retrieved 2026-02-06.
- ↑ "Leader della crescita 2019 | #206". Il Sole 24Ore (in italiano). Retrieved 2026-02-06.
- ↑ "Leader della crescita 2020 | #217". Il Sole 24Ore (in italiano). Retrieved 2026-02-06.
- ↑ "The 2023 Shortyz Awards: Recognizing Excellence in the Short-Term Rental Industry". Rental Scale-Up by PriceLabs. 2023-04-28. Retrieved 2026-02-06.
External links
This article "Joivy" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Joivy. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
- CS1 italiano-language sources (it)
- CS1 português-language sources (pt)
- Real estate companies of Italy
- Hospitality companies of Italy
- Property management companies
- Companies based in Milan
- Italian companies established in 2007
- Real estate companies established in 2007
- Hospitality companies
- Multinational companies headquartered in Italy
