The Cove coliving expansion is gaining momentum after the company acquired Singapore-based Casa Mia Coliving. This strategic move folds Casa Mia’s roughly 500 fully furnished rooms into the Cove coliving expansion plan, strengthening the platform’s presence across the island and the region.
Cove Coliving Expansion Strengthens Singapore Footprint
The Cove coliving expansion reinforces the company’s leadership in the Asia Pacific flexible-living market. With the acquisition completed, Casa Mia’s portfolio, which includes rooms in desirable locations such as River Valley, Orchard and the CBD, now operates fully under the Cove brand.
The addition of Casa Mia’s BCA-certified facility management team further enhances Cove’s operational capabilities, allowing the Cove coliving expansion to integrate stronger, in-house support for daily operations and tenant services. Cove now manages over 2,000 rooms in Singapore and more than 8,000 rooms across the region.
Cove Coliving Expansion Boosts Revenue and Regional Strategy
According to Cove, the combined business is expected to generate more than US$50 million in annualised rental income. This positions the Cove coliving expansion to lift the company’s top line and total inventory by about 50 percent year-on-year. Co-founder Luca Bregoli highlights that integrating Casa Mia’s team and assets will drive operational synergies and elevate overall service delivery.
The acquisition also brings Cove closer to achieving free-cash-flow positivity. Despite heavy investments tied to its expansion into Japan and South Korea, the company achieved profitability in the second half of 2025. With the latest move, the Cove coliving expansion places the company on firmer financial ground as it scales further across Asia.
