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Tikehau Capital exits investment in Singaporean coworking space company JustCo

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Tikehau Capital exits investment in Singaporean coworking space company JustCo

Tikehau Capital sold its stake in Singapore-headquartered coworking space provider JustCo to an investor consortium.

The sale was made through Tikehau Investment Management SAS on behalf of the funds that it manages.

The French private equity firm received a net profit of S$27.7 million based on its initial investment of S$4.0 million in 2015.

As of Jan. 9, US$1 was equivalent to S$1.35.