Spain-based medium-term property rental marketplace Lodgerin has expanded to the UAE, EjePrime reports.

After reaching an agreement with property investors, it will offer more than 1,000 homes for rent in Dubai and Abu Dhabi.

Lodgerin will target young professionals, expats, digital nomads and students in these markets, it said.

“The entry of our company into a new market such as the United Arab Emirates represents a crucial milestone in our global expansion. Our digital approach allows us to offer a comprehensive solution for those who want to rent medium-stay accommodation … during this year, we will reach more countries on the European continent,” commented Lodgerin founder and CEO Óscar Rubio.

Earlier in Apil, Lodgerin signed a deal with Portugal-based BEM Estate Management to manage 400 apartments belonging to the latter in Spain.

Founded in 2019, Lodgerin says it currently has more than 60,000 users and in excess of 12,000 rental units in such cities as Madrid, Barcelona, Seville, Valencia, Lisbon, Porto, Milan, Rome and Florence.

Lodgerin raised €700,000 ($749,000 U.S.) in funding from private investors and Enisa — Empresa Nacional de Innovacion S.A., a company owned by the Spanish government that promotes innovation in the domestic economy — late last year.

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