Coliwoo Holdings Limited (W8W) released its third-quarter FY2026 business update, stating that its portfolio has expanded to 3,568 rooms across 28 locations in Singapore as at Jun 30 2026, up from 2,933 rooms a year earlier.

Average portfolio occupancy stood at 93.7 per cent; excluding the newly opened Coliwoo Midtown, the rate was 96.0 per cent. The group’s rooms are split between 1,136 owned rooms, 1,907 leased rooms and 525 rooms under management contracts.

Coliwoo’s market capitalisation on the Singapore Exchange was approximately 236 million Singapore dollars as of Aug 25 2026. Management reiterated its target to add at least 800 new rooms annually over the next three years, supported by an asset-light model that favours master leases, management contracts and capital recycling.

As part of this strategy, on Aug 6 2026 the group agreed to sell its 212-room Coliwoo Midtown property at 141 Middle Road to CapitaLand Ascott Trust for 134 million Singapore dollars, subject to shareholder approval and other conditions. Upon completion, Coliwoo will lease back the asset for 10 years and continue operating it under the “Coliwoo Midtown” brand. The transaction is expected to generate a gross disposal gain of about 9.2 million Singapore dollars, with net proceeds earmarked for working capital and expansion.

In July 2026 the company partnered the Ministry of Culture, Community and Youth and the National Youth Council to provide 100 co-living rooms—70 at Coliwoo Boon Lay and 30 at Coliwoo 1A Lutheran—at rents roughly 30 per cent below prevailing market rates for Singaporeans aged 21 to 35. The initiative attracted more than 500 applications.

Looking ahead, Coliwoo outlined four pipeline projects: 50 Armenian Street (380 rooms, targeted operational date 3QFY2026), 1 King George’s Avenue (368 rooms, 1QFY2027), 2 Changi Business Park Avenue 1 (153 rooms, 4QFY2027) and the 380-room Coliwoo Resort Changi at 159 Jalan Loyang Besar (1QFY2028). The portfolio expansion and capital recycling initiatives underpin management’s outlook for continued growth in its co-living platform.