Coliwoo - Maybank Research 2026-02-02: First Major Acquisition Post-listing; Expansion On The Way

• Coliwoo (SGX:W8W)’s subsidiary has entered into a put & call option agreement with Perpetual (Asia) Limited (as trustee of Viva Trust, a wholly owned sub-trust of ESR-REIT (SGX:J91U)), to purchase a hotel strata lot at 2 Changi Business Park Avenue 1 for S$101m (excluding GST).
• - Read this at SGinvestors.io -

Strategic location with robust latent demand

• The property is part of ESR BizPark @ Changi, which comprises a hotel block with more than 250 rooms and retail space at the ground floor.
• - Read this at SGinvestors.io -

A relatively long lease with an option to renew

• The acquisition is structured as a leasehold estate with a tenure commencing from the completion of the acquisition and expiring one day prior to the expiry of the head lease with JTC Corporation (originally 30 years commencing from 1 Feb 2008).
• We understand the agreement also includes an option to renew for a further 30 years, thus securing the Group’s long-term presence in this strategic precinct. Coliwoo aims to complete the transaction by 31 Mar 2026.

Strong pipeline to provide growth visibility

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Previous report by Maybank:
2026-01-09 Coliwoo - Unlocking Growth.

Price targets by other brokers at Coliwoo Target Prices.

Listing of research reports at Coliwoo Analyst Reports.

Relevant links:
Coliwoo Share Price History,
Coliwoo Announcements,
Coliwoo Dividend Payout Dates & Corporate Actions,
Coliwoo News