Investors still banking on Singapore co-living as hospitality play
As Singapore’s residential sector continues to evolve, there is a noticeable trend of major players blending traditional hospitality with flexible living arrangements. Coliwoo has been at the forefront of this trend, providing serviced spaces that cater to a diverse range of needs and lengths of stay.
Is there enough talent in Singapore to power the sustainability sector?
In a recent interview with Business Times, Jeremy Ong, the General Manager of LHN Parking and Senior Manager of LHN Energy Resources Pte Ltd, embodies a successful case of transitioning smoothly into a sustainability role at LHN.
LHN unit bags tender for former Bukit Timah Fire Station site
LHN Group Facilities Management has been awarded the tender for a state property at Upper Bukit Timah Road.
LHN expands co-living portfolio with healthcare lodging win, bolstered by high occupancy
LHN Limited co-living business segment Coliwoo will continue to grow, backed by an increase in keys and resilient rental rates, analysts have said.
LHN snags contract for MOH Holding’s lodging facilities
An LHN’s subsidiary has inked a contract with MOH Holdings to design, retrofit and operate two lodging facilities. Scheduled to start operations in the second half of 2024, these lodging facilities will provide accommodation for approximately 700 healthcare professionals.
LHN H2 net profit up 55.9% to S$21.3 million; S$0.02 dividend declared for FY
LHN Group posted a 55.9 per cent rise in net profit to S$21.3 million for its second half ended Sep 30, 2023, from S$13.6 million in the previous corresponding period.
LHN receives in-principle approval from SGX to transfer Catalist listing to mainboard
LHN Limited has received in-principle approval from the Singapore Exchange (SGX) for its proposed transfer of its Catalist listing to the bourse’s mainboard.
LHN posts 85-100% occupancy rates for 3 co-living sites in Singapore
LHN Limited reported occupancy rates of 85 per cent to 100 per cent for three of its co-living locations in Singapore as at Sep 7, with average rental rates across the Singapore co-living business ranging from S$2,200 to S$3,500.
LHN (Coli)-woos investors with more rooms, divestments as it seeks transfer to big board
LHN executive chairman and group managing director Kelvin Lim is gunning for Coliwoo to have 10,000 rooms by 2030, which he says can be achieved through market consolidation or overseas acquisitions.
LHN expects limited potential for co-working amid WeWork collapse
LHN’s approach is to offer co-working facilities as a part of value-added shared amenities – a strategy it has adopted for space concepts and yielded positive results, as seen at its communal lounge at Coliwoo Orchard.