Microliving Conversion Strategy

Dunman acts as an operating partner in the redevelopment of hospitality and serviced apartment assets. We focus on serviced apartments and innovative hospitality concepts, selectively targeting properties in prime urban locations with strong potential for repositioning.

Our strategy directly responds to structural market shifts such as increasing office vacancy rates and declining verticality in retail assets. At the same time, serviced apartments represent a key solution to relieve pressure on tight residential markets, particularly catering to B2B clients and short- to mid-term housing demand — a segment showing consistent growth across core European cities.

Dunman operates as a full project partner, covering the entire value chain from sourcing and concept development to permitting, construction management, leasing, asset management, and market placement.

Project Example: The Q, Frankfurt am Main

Located in one of Frankfurt’s prime urban neighborhoods, The Q represents the strategic conversion of an office property into a high-quality serviced apartment scheme. Acquired in 2025 through a joint venture, the asset comprises approximately 8,000 sqm GFA with 172 units designed to accommodate both long-term stays and traditional hotel operators.

Benefiting from a quiet yet central setting on Querstraße, the property blends the residential character of Frankfurt’s Nordend with immediate proximity to the city center. Whilst also close to Oeder Weg, one of Frankfurt’s most vibrant streets, offering a wide variety of culinary, retail and lifestyle amenities. The project addresses the rising demand for high-quality, flexible short- and medium-stay accommodation in established urban markets.

Dunman oversees the full value chain, including development, construction, leasing, and asset management. A long-term agreement with a leading European serviced apartment operator ensures operational excellence and sustainable income generation. The Q aims to set a new benchmark for institutional grade serviced apartment investments in Frankfurt.