Hong Kong's Dash Living Expands Home Rental Solutions Into Japan With Acquisition Of intheHood

By Heidi Yeung

The company's co-living spaces within Asia-Pacific boasted an average of 90 percent occupancy rate in 2021 despite the ongoing pandemic

Tatler Asia
Aaron Lee modernised the business of urban living.
Cover  Aaron Lee modernised the business of urban living (Photo: Affa Chan)

Dash Living has acquired intheHood Hospitality through a share-swap-based M&A agreement and as part of its expansion into Japan. Gen.T honouree Aaron Lee is the founder and CEO of the Hong Kong-based company, while intheHood Hospitality is a Tokyo-based property management firm.

The financial details of the acquisition were not disclosed.

For now, the Japanese company will enter a transitional phase to merge with Dash Living, with the agreement slated for completion by July this year.

Read more: Dash Living’s Aaron Lee On Being Motivated By Problems

As part of the deal, Dash Living will oversee more than 100 co-living spaces in Tokyo. After which, the company will manage a total of more than 1,800 units across Asia-Pacific.

The deal will be led by Wesley Wen, Dash Living’s chief growth officer, and Joel Yu, intheHood’s co-founder.

“We’re excited to kickstart the next stage of our Asia Pacific expansion in Tokyo,” Lee said. “I am confident Dash Living's affordable, flexible, tech-enabled, dynamic accommodation options will appeal to the Japanese millennial segment and beyond”.

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