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LHN executive chair Kelvin Lim

LHN’s Coliwoo Sets Up $35M JV With Oxley Boss, Wins Bukit Timah Project Tender

2024/04/10 by Mingtiandi Team Leave a Comment

LHN Group’s Coliwoo co-living unit has formed a S$48 million ($35.6 million) joint venture with the boss of local builder Oxley and his son to acquire a building in central Singapore’s museum district.

The four-storey building known as Wilmer Place… Read More>>

Robert Koot 2

Netherlands’ Bouwinvest Commits $75M to CapitaLand APAC Lodging Fund

2024/03/19 by Mingtiandi Team Leave a Comment

Amsterdam-based Bouwinvest Real Estate Investors has invested $75 million in a CapitaLand Investment fund targetting serviced residence and co-living opportunities across Asia Pacific in a bet on a rebound in Asia’s lodging market.

The Dutch real estate investment manager said… Read More>>

Eugene Lim The Assembly Place

Assembly Place JV Wins Contracts for Singapore Health Worker Hostels 

2024/02/26 by Beatrice Laforga Leave a Comment

Singapore’s The Assembly Place continues to ramp up its presence in the city-state’s rental residential market with joint ventures backed by the co-living investor and operator winning government contracts to renovate and manage three hostels for healthcare workers.

Together with… Read More>>

David Teo’s Apricot Capital Closes on Bukit Timah Buy, Readies Co-Living Conversion

2024/02/25 by Beatrice Laforga Leave a Comment

The family of Singapore instant coffee king David Teo has completed their S$105-million ($78.1 million) purchase of a mixed-use property in the city’s upscale Bukit Timah area and is preparing to transform the asset into a combined co-living and retail… Read More>>

Ascott chief executive officer Kevin Goh

Singapore’s CapitaLand Sets Up $600M APAC Co-Living Fund

2024/02/14 by Beatrice Laforga Leave a Comment

CapitaLand Investment (CLI) aims to raise as much as $600 million for a newly established Asia Pacific fund targetting serviced residence and co-living opportunities which it is seeding with a pair of assets from its Ascott lodging division, the Singapore… Read More>>

Eugene Lim The Assembly Place

Singapore’s The Assembly Place, Apricot Capital Launch Student Housing Project

2023/10/23 by Beatrice Laforga Leave a Comment

Singapore co-living investor and operator The Assembly Place has opened the doors to its largest student housing complex to date in a joint venture with Apricot Capital, the family office of instant coffee king David Teo.

The partners spent S$46… Read More>>

PGIM Real Estate Asia head Benett Theseira

PGIM Expands APAC Rental Housing Portfolio With China, Australia Deals

2023/09/18 by Christopher Caillavet Leave a Comment

PGIM Real Estate has added to its Asia Pacific rental housing portfolio, with the US investment manager securing deals with local partners to acquire properties in Shanghai, Sydney and Brisbane.

In China’s commercial capital, PGIM led a joint venture to… Read More>>

LHN executive chair Kelvin Lim

Singapore’s LHN Adds to Co-Living Portfolio with District 9 Acquisition

2023/07/29 by Beatrice Laforga Leave a Comment

LHN Group has agreed to acquire a pair of mixed-use buildings in Singapore’s District 9 for S$23.25 million ($17.4 million) in a bid to retain its lead in the city’s co-living market.

LHN’s co-living division has taken options to purchase… Read More>>

Dash on Prat

Hines Opens Tsim Sha Tsui Project as First Hong Kong Rental Residential Venture

2023/03/19 by Beatrice Laforga Leave a Comment

Hines on Friday announced the official opening of its first-ever rental apartment complex in Hong Kong as the US developer continues to expand its bets on multi-family residential in Asia Pacific.

Dash on Prat, an 18-storey co-living facility in the… Read More>>

Mr Kelvin Lim, Executive Chairman and Group Managing Director of LHN Limited

LHN Launches Flagship Co-Living Complex Along Singapore’s Orchard Road

2023/02/28 by Beatrice Laforga Leave a Comment

Coliwoo has launched a 411-unit shared accommodation facility near the city-state’s swanky Orchard Road, as the co-living unit of Singapore-listed LHN Group continues its expansion streak after Singapore residential rents jumped by nearly a third over the past 12 months.

… Read More>>

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