Coliwoo
Coliwoo eyes growth overseas as parent LHN seeks next space-optimisation gem
Co-living player eyes markets where renting is the norm; LHN mulls self-storage and even eldercare arenas
LHN’s co-living spinoff Coliwoo eyes sale of 7 freehold assets for S$218.5 million
The portfolio consists of commercial units, serviced apartments, a hotel and student hostels
Coliwoo to acquire S$101 million Changi asset from ESR-Reit
The property’s location in Changi Business Park provides access to an established corporate tenant base
Co-living operators could thrive even as property curbs, regulations crimp rental market
They offer a way to invest in property and benefit from rental income, without having to deal with the restraints on short to mid-term stays
DBS initiates ‘buy’ call on Coliwoo Holdings amid growing Singapore co-living market
One key risk lies in its significant capital outlay for renovation and maintenance works being irrecoverable, say analysts
RHB initiates ‘buy’ on Coliwoo amid rising expat, foreign student demand
The bank assigns it a target price of S$0.82, a 41% upside from its latest closing price of S$0.58 on Wednesday
Coliwoo disposes Pasir Panjang co-living hotel space in S$43.9 million sale-and-leaseback deal
Estimated net proceeds of S$15.3 million will be used to repay working capital loans owed to LHN Group and for general working capital purposes
Coliwoo reports 75.1% fall in H2 net profit to S$5.7 million
The group has declared a final dividend of S$0.02 per share
Coliwoo enters joint venture to acquire 1 King George’s Avenue property for S$40 million
Rehau Building will be turned into a co-living space in this JV with Macritchie Developments
Stocks to watch: Singtel, LHN, Coliwoo
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 19):