Coliwoo operator LHN expects to deliver record profit for FY2024 as co-living demand jumps

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The Straits Times 2h ago

Coliwoo operator LHN expects to deliver record profit for FY2024 as co-living demand jumps - The Straits Times

Quick Summary:

SINGAPORE - Some providers of co-living spaces in Singapore are raking it in as demand picks up among individuals looking for alternative housing options.

Analysts note that in recent months, the company has also been undertaking capital recycling initiatives and has adopted a more disciplined approach to optimising its asset portfolio.

LHN is the largest listed co-living player in Singapore, with over 2,500 rooms spread across the Republic.