Capital Increase (& Share Purchase Agreement)
On April 1st, a club of investors lead by TheClubDeal took a 50% participation in the YUST Group through a hybrid operation (part share sale, part capital increase). YUST Group NV runs its first co-living concept in Antwerp (Berchem) which opened March 15th and will open two new units in Liège and Brussels in the coming years.
The first YUST in Antwerp hosts 75 lofts (for mid and long-stay), 23 hotel rooms (a mix of suites, family rooms and dorms), a restaurant, and event and meeting areas.
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