On Jan 25, LHN secured two sites by the Ministry of Health (MOH) to provide accommodation for 700 public sector healthcare professionals (mainly nurses and allied health professionals). Operations will commence in 2H2024.
LHN Limited recently announced its 1QFY2024 ended December 2024 update, which saw a portfolio occupancy of over 90% for its assets (industrial, commercial and co-living). The two major projects, 55 Tuas South and GSM Building, are also proceeding as scheduled.
During the first quarter, the group successfully secured the master lease renewal for an industrial property at 34 Boon Leat Terrace. Coliwoo also launched its 15th co-living property, the Coliwoo Hotel Pasir Panjang, a four-storey establishment at 404 Pasir Panjang Road. It also managed a total of 2,153 keys across its Singapore’s Coliwoo co-living projects and overseas 85 SOHO projects.
