LHN Group

LHN Group acquires Tuas South industrial property for $21 mil - THE EDGE SINGAPORE

M&A

LHN Group acquires Tuas South industrial property for $21 mil

The property comprises an industrial building, factories, and a workers' dormitory.
LHN to raise $2.2 mil through placement of up to 6.5 mil shares in Singapore - THE EDGE SINGAPORE

Equity raising

LHN to raise $2.2 mil through placement of up to 6.5 mil shares in Singapore

The placement shares will be issued at a price of 33.51 cents per share.
LHN Group acquires Geylang property for $13.5 mil - THE EDGE SINGAPORE

Property

LHN Group acquires Geylang property for $13.5 mil

The property, which will house 30 units on a land size spanning up to 305.6 sqm, is located at 115 Geylang Road.
LHN acquires Beach Road properties for $16.8 mil - THE EDGE SINGAPORE

Property

LHN acquires Beach Road properties for $16.8 mil

The properties encompass residential flat units which LHN will convert to its headquarters as well as co-living space.
LHN Group to launch mixed-use development with communal living experiences - THE EDGE SINGAPORE

Property

LHN Group to launch mixed-use development with communal living experiences

The property is scheduled to be launched by mid-February 2021.

Deals, joint ventures & alliances

LHN in joint venture with Lion City Rentals to acquire JTC industrial property for $3.2 mil, now owns 40% stake in joint venture company

LHN, the real estate management group, announced Thursday, that it has entered into a proposed joint venture with car fleet rental company Lion City Rentals (LCR), to acquire and operate a JTC industrial property (JV Property) at Toa Payoh West.

Company in the news

Local listcos jump on co-living bandwagon

SINGAPORE (Oct 7): In the lobby of the newly launched lyf in Funan is a ball pit to jump into. There is also a GIF booth, where guests can ­create their own moving images to share on their social media platforms. But this is not a children’s den. It is

Results

LHN reports 41.5% fall in 2Q earnings to nearly $2 mil on lower sales

SINGAPORE (May 14): LHN Group reported a 41.5% drop in 2Q earnings to nearly $1.98 million from a year ago, bringing 1H earnings to $2.8 million.

Sabana REIT aborts acquisition of 72 Eunos Ave 7 property

SINGAPORE (July 21): LHN Group says Sabana REIT would not be proceeding with the acquisition of the property at 72 Eunos Avenue 7.
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