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

Published Wed, Mar 30, 2022 · 09:50 PM

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.