A history of resilience and responsiveness
From a humble start as a sawmill in the 1990s, LHN Group has evolved to a multidisciplinary company with proven track records in providing high-quality customised real estate management, facilities management and logistics management services to businesses at all scales and from all sectors.
1991
- Established in 1991, Mr. Lim Hean Nerng, father of Mr. Kelvin Lim started to lease out part of the space in a family-owned factory to tenants.
1997
- Mr Kelvin Lim joined the family business.
- Explored and then mastered the science of Space Optimisation.
- Expanded our properties portfolio through master leasing unused and under-utilised industrial properties and refurbishing them to increase their net lettable area and rental yield.
2002
- Ms Jess Lim joined the family business.
- Diversified customer base by leasing out spaces to other industrial tenants.
2003
- Began our Group’s Logistics Services business by providing transportation service for base oil and bitumen.
2005
- Expanded Logistics Services Business to include container trucking.
- Commenced operations of Facilities Management Business to provide services to the properties which the Group managed.
2007
- Expanded portfolio of Space Optimisation Business to include commercial properties.
2008
- Expanded Facilities Management Business to include car park management service.
2009
- Expanded Logistics Services Business to include transportation service for chemicals.
2012
- Launched our GreenHub Suited Offices in Singapore.
- Owned our first property by acquiring Singapore Handicrafts Building.
2013
- Expanded Logistics Services Business to include container depot management services.
2014
- Commenced operations of GreenHub Suited Offices in Jakarta, Indonesia.
2015
- Listed on Catalist board of the SGX-ST in Apr 2015.
- Opened our first overseas container depot in Laem Chabang, Thailand.
- Opened second GreenHub Suited Office in Indonesia.
- Completed the acquisition of 100 Eunos Ave 7
2016
- Launched our Work+Store operations at 18 New Industrial Road, 18 Tampines and 680 Upper Thomson.
- Launched our 85SOHO brand of serviced residence in Yangon, Myanmar.
- Completed acquisition of an industrial building at 38 Ang Mo Kio through a joint venture.
- Acquired 50% of the equity interest of Four Star mattress company through a joint venture.
- Acquired our first carpark property at GMT in Singapore through a joint venture for our Facilities Management Business.
2017
- Opened the fourth GreenHub Suited Office in Singapore.
- Commenced car park management operations in Hong Kong.
- Signed a lease agreement in Thailand to operate our second container depot in the vicinity of Bangkok.
- Successfully dual listed on the Main Board of SEHK on 29 Dec 2017.
2018
- Obtained approval from SLA to set up our first co-living and coworking space in Singapore.
- Signed a 15-year lease agreement to set up the co-living and coworking space business in China.
- Entered into a management service agreement to renovate and provide property management and leasing services to a 13-storey, 88 units serviced residence in Yangon.
- Entered into a sale and purchase agreement to acquire one block of 108 condominium units in Cambodia where the Group intends to operate its 85SOHO brand of serviced residences.
- Commenced depot management operations in Singapore for our joint venture company, HLA Logistics Pte. Ltd.
- Expanded our trucking business into Malaysia.
2019
- Completed the acquisition of Geylang and Gul Avenue property.
- Announced the Grand Opening of the newly renovated Premium Serviced Residence in Yangon, Myanmar.
- Completion of disposal of the ICS Security Services Business.
2020
- Completed the acquisition of 202 Kallang Bahru property and 5 Toa Payoh West through our Joint Venture Company.
- Completed the acquisition of 320 Balestier Road property Commenced serviced residences operation for Cambodia Axis Residence property.
- Completed the acquisition of the Bukit Timah Shopping Centre carpark through our Joint Venture Company.
2021
- Commenced the operation and management of 33 public carparks in the Central zone of Singapore under JTC.
- Unveils integrated development with communal living experiences at 1557 Keppel Road.
- Completed the acquisition of Beach Road and 115 Geylang properties
- Completed the acquisition of the 471 Balestier and Tuas South properties through our Joint Venture Companies
- Proposed Spin-Off and Separate Listing of LHN Logistics on the Catalist Board Of SGX-ST
- Entered into a 3-year lease agreement for 2 Mount Elizabeth property to expand its offerings of Coliwoo brand residential property
2022
- LHN Logistics successfully listed and commenced trading on the Catalist Board of SGX-ST on 29 April 2022.
- Completed the acquisition of 298 River Valley property.
2023
- Completion of disposal of LHN Logistics Limited.