0620 GMT - Coliwoo's around 20% share in Singapore's "exponentially growing" co-living market gains it a new bull at DBS Group Research. The co-living operator dominates the supply pipeline and appears on track to fulfill its target of 4,000 room keys by the end of 2026, say analysts Geraldine Wong and Derek Tan in a note. Coliwoo could benefit from resilient demand, as the co-living sector serves foreign students and professionals, a community that is expanding. DBS initiates coverage of the stock with a buy rating and S$0.88 target price, pricing in additional operational beds above Coliwoo's target. Shares rise 0.8% at S$0.615. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
January 23, 2026 01:20 ET (06:20 GMT)
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