LHN - UOB Kay Hian 2024-03-21: Embarking On New Plans To Drive Growth Trajectory

• LHN has marked its foray into operating accommodations for healthcare professionals, which will further expand its co-living portfolio. While Coliwoo’s growth has been anchored by a slew of new openings in Singapore, it is now preparing to venture into Indonesia as well.
• - Read this at SGinvestors.io -

High occupancy maintained for co-living portfolio in 1QFY24…

• As of 1QFY24, LHN (SGX:41O) has 2,153 keys (FY23: 2,064 keys) across its local Coliwoo and overseas 85 SOHO projects. Overall occupancy rates remained high at over 90%, including Coliwoo’s latest portfolio addition at 404 Pasir Panjang.
• - Read this at SGinvestors.io -

…and new MOH contract clinched will further strengthen its portfolio.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2025-12-09 LHN - FY25 Earnings In Line; Building Momentum Beyond Coliwoo’s Spin-off.

Previous report by UOB:
2024-09-20 LHN - Strategic Moves Pave The Way For Promising Future Growth.

Price targets by other brokers at LHN Target Prices.

Listing of research reports at LHN Analyst Reports.

Relevant links:
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LHN Announcements,
LHN Dividend Payout Dates & Corporate Actions,
LHN News