SK D&D announced its strategic partnership with Habyt, through the signing of an MOU aimed at enhancing its residential solution business. The signing ceremony, symbolising this significant collaboration, took place at the Waterfront, a hotel operated by Habyt in Berlin, Germany. Key figures including SK D&D's CEO Do Hyun Derek Kim and Habyt's CEO & Founder Luca Bovone were present to mark this momentous occasion.

The two companies decided to establish a strategic partnership and cooperate in jointly promoting and expanding the domestic and overseas corporate rental housing business through the MOU. They will utilise SK D&D's domestic top-tier residential solution business capabilities and Habyt's ever-expanding global network to actively cooperate in various areas of marketing, promotion, and ICT (information and communication technology) solutions. SK D&D plans to expand the network of its residential solution brand Episode through Habyt's online platform and ramp up its status as a mega operator in the corporate rental housing market.

The company aims to collaborate with Habyt to showcase Episode's residential spaces, a short-term rental product, on Habyt's online platform and make them available on a global scale. Additionally, membership services, including discount benefits, will be extended to Episode residents who utilise Habyt's residential spaces. Habyt, seeking to enter the Korean co-living market by joining hands with SK D&D, is excited to enter a deep strategic alliance with SK D&D to expand its global offering in its mission to provide access to attainable housing solutions anywhere, which also includes a potential equity investment into D&D Property Solutions (DDPS).

Meanwhile, Episode is SK D&D's residential solution brand that dreams of a better urban living, providing residential spaces and services for those living in the city and pursuing a variety of lifestyles. It currently operates 3,700 households in six sites in Seongsu, Seocho, Gangnam, Sinchon, and Suyu. Episode's seventh branch Episode Yongsan 241 is scheduled to open in May 2024.