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PR Newswire
15-12-2020, 06:49 PM
Keppel Land invests in Singapore-based co-living company, Cove
Singapore, 15 December 2020 – Keppel Land has taken a strategic minority stake in Cove Living Pte Ltd (Cove), one of Southeast Asia’s fastest growing co-living companies, as the lead investor in the start-up’s US$4.6 million Series A funding round.
Headquartered in Singapore, Cove was founded in 2018 and is a co-living company reimagining urban rental for young people. It currently has about 300 high-quality rooms and studios in Singapore and about 250 in its new market of Jakarta. By the first half of 2021, Cove expects to double its offering to around 1,000 rooms. To bring more homes to Southeast Asia’s young professionals and students, Cove plans to expand to other key markets in the region, including Vietnam and the Philippines.
More details in https://links.sgx.com/1.0.0/corporate-an...20Cove.pdf
Singapore, 15 December 2020 – Keppel Land has taken a strategic minority stake in Cove Living Pte Ltd (Cove), one of Southeast Asia’s fastest growing co-living companies, as the lead investor in the start-up’s US$4.6 million Series A funding round.
Headquartered in Singapore, Cove was founded in 2018 and is a co-living company reimagining urban rental for young people. It currently has about 300 high-quality rooms and studios in Singapore and about 250 in its new market of Jakarta. By the first half of 2021, Cove expects to double its offering to around 1,000 rooms. To bring more homes to Southeast Asia’s young professionals and students, Cove plans to expand to other key markets in the region, including Vietnam and the Philippines.
More details in https://links.sgx.com/1.0.0/corporate-an...20Cove.pdf
Specuvestor: Asset - Business - Structure.