Coliwoo Holdings Limited announced on Dec, 18 2025 that it has agreed to sell 80% of its subsidiary, Coliwoo PP Pte. Ltd., which manages the Coliwoo Hotel Pasir Panjang at 404 Pasir Panjang Road, under a sale-and-leaseback transaction.

The deal will yield gross proceeds of 43.9 million Singapore dollars and net proceeds of about 15.3 million Singapore dollars. Coliwoo will simultaneously lease back the property, allowing the group to continue operating the co-living hotel and retain its portfolio of rooms under management.

Because the property’s fair-value uplift had been booked in earlier years, Coliwoo expects to recognise an additional gain of approximately 0.3 million Singapore dollars in the financial year ending Sep, 30 2026 upon completion of the transaction.

The company plans to use the net proceeds to repay part of its working-capital loans to immediate holding company LHN Group Pte. Ltd. and for general working-capital purposes, supporting future expansion and balance-sheet optimisation.

Executive Chairman and Chief Executive Officer Kelvin Lim said the transaction demonstrates the group’s capital-recycling strategy, unlocking liquidity while preserving operational control as it advances toward a more asset-light model.