
Hmlet co-founder returns as CEO as Mitsubishi Estate-backed unit acquires Habyt’s Apac operations

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Hmlet's co-founder Yoan Kamalski returns as CEO following the reacquisition of its Asia-Pacific operations from Habyt, facilitated by FL Japan, a Mitsubishi Estate subsidiary. The portfolio includes 2,915 units across Japan, Singapore, and Hong Kong. Kamalski aims to optimize the portfolio and enhance performance, with plans for Hmlet Punggol's launch in H1 2027. Key decisions will now be made in Japan, marking a shift from Singapore. Hmlet targets over 35,000 units globally and an operating profit exceeding S$80 billion by 2035, following its merger with Habyt in 2022.
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