Coliwoo agrees S$134 million sale-and-leaseback of Singapore Midtown co-living property at 141 Middle Road

Reuters2026/08/05 23:17

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Coliwoo entered a sale-and-leaseback for 141 Middle Road, Singapore, via an Aug. 6 put-and-call option agreement with DBS Trustee.
Purchase price set at SGD 134 million for the property and plant and equipment; Savills valued the property at SGD 130 million.
Asset is a 99-year leasehold 6-storey co-living building with basement parking; 212 rooms; operated as Coliwoo Midtown.
Completion targeted for Sept. 30, 2026 if options are exercised by then; otherwise five business days after exercise.
Buyer to lease back the property to the group for 10 years; transaction expected to generate about SGD 41 million net proceeds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coliwoo Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 9QPPFVLF7LIW6N2G) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Coliwoo agrees S$134 million sale-and-leaseback of Singapore Midtown co-living property at 141 Middle Road

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