Be Mate, a brand previously part of the Spanish chain Room Mate, has recently opened 8 new apartment structures in Italy, located in Venice, Rome, and Turin. In Venice, the group has inaugurated Be Mate Ponte di Rialto, a building consisting of 12 apartments. In Rome, the Trastevere district has recently seen the opening of 3 buildings: Be Mate Trastevere I, II, and III, along with Be Mate Castel Sant’Angelo, Be Mate Colosseo, and Be Mate Piazza Navona. In Turin, the brand’s new entry is Be Mate Torino Centro, which offers 28 apartments in the Crocetta district. In Milan, the group was already present with Be Mate Via Tivoli, a building with 13 apartments in the Brera district.
Last year, Be Mate completed a capital increase of 11.5 million euros to finance its expansion in Spain and Europe. Following the transaction, led by the Barlon Capital III SCR fund, founder Kike Sarasola retained his minority stake and presidency. This allowed Barlon III to take a majority stake in the company, including the 39% share of Room Mate, which exited the company’s capital.
For 2024, Be Mate expects a turnover of 20 million euros and an EBITDA of over 3 million euros. The new openings represent 38% of the company’s global turnover.