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Hong Kong-based Weave Living Secures Investment

Weave Living, Asia Pacific’s leading vertically integrated owner/developer/operator of rental accommodation with offices in Hong Kong, Singapore, Tokyo & Seoul has secured additional investment from existing shareholders Warburg Pincus and our Founder & Group CEO, Sachin Doshi.

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This new investment allows us to accelerate our expansion plans throughout the Asia-Pacific region. Weave’s ambitious objectives of growing its brand impact and real estate portfolio to over 5,000 owned and managed units across the deepest rental housing markets in the region, which includes Tokyo, Osaka, Seoul, Singapore, Hong Kong, and other chosen gateway cities by 2025, will be further supported by this new equity injection. With an emphasis on the rental housing industry, the company plans to expand its top-of-the institutional asset management firm, mainly in the important markets of Korea, Singapore, and Japan.

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“We are delighted to embark on this next growth phase for Weave with strong support from Warburg Pincus, who has been a trusted and strategic partner to us since 2018,” said Sachin Doshi, Founder and Group Chief Executive Officer of Weave Living.

“We have been very impressed by the achievements and growth of Weave, our flagship rental housing platform in the Asia-Pacific region, and are delighted to increase our investment in the company and grow our partnership with Sachin and his exceptional management team,” said Qiqi Zhang, Managing Director at Warburg Pincus.

About Weave Living

Founded in 2017 by Sachin Doshi, As Asia Pacific’s living sector specialist, Weave Living owns, develops and manages properties to world-class standards – now and into the future. Weave Living’s homes are move-in ready and fully furnished with design-forward furniture and appliances, a hotel-quality bed with exceptional comfort, and ample storage.

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