Coliwoo transitions to leaseback model following subsidiary sale
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Coliwoo Holdings Limited has transitioned to a leaseback model after selling its 80% stake in Coliwoo PP Pte. Ltd. The sale was finalized on January 12, with Coliwoo leasing back the property to continue operations. Despite the sale, Coliwoo will maintain site management, retain tenants, and ensure uninterrupted services at the property.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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