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Co-living startup The Assembly Place acquires peer operator Commontown Singapore
Acquisition will be completed through a share swap agreement, include around 120 rooms across 10 locations
Add BT as a preferred sourcePublished Wed, Mar 30, 2022 · 09:50 PM
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Singapore
SINGAPORE co-living startup The Assembly Place (TAP) has entered into an agreement with Libeto, the operator of Commontown Singapore's co-living spaces, to acquire all assets of the brand.
The acquisition will be completed through a share swap agreement, founder and chief executive of TAP Eugene Lim said.
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