LHN group reports strong Q3 FY2025 growth, strategic advancements

LHN Limited reported an overall occupancy rate of over 90% for its industrial, commercial, and Coliwoo co-living properties in 3QFY2025. The Coliwoo business secured 2,960 rooms, while the facilities management segment secured 17 new contracts. The car park management portfolio now includes 100 car parks with over 27,000 lots in Singapore, with an additional 844 parking lots expected by October 2025. The energy segment expanded to 19 EV charging points and a total solar energy portfolio capacity of approximately 9.6 MW.

The company's strategic initiatives include securing a new master lease for a state-owned property at 159 Jalan Loyang Besar and launching Work+Store's second air-conditioned facility at 38 Ang Mo Kio. Pipeline projects anticipate adding 776 rooms across four properties by 1QFY2028, with estimated commercial areas ranging from approximately 1,700 sqft to 12,500 sqft.

In corporate developments, LHN completed the sale of its subsidiary owning 115 Geylang Road property for S$25.8 million on 31 July 2025. The company also announced a proposed delisting from the Stock Exchange of Hong Kong Limited and a proposed spin-off and separate listing of Coliwoo, both approved by shareholders in July and September 2025, respectively.