LHN taps trends in e-commerce and sharing economy

Its strategy of revamping unused, under-utilised spaces to suit emerging industry trends has proven valuable during the pandemic.

Claudia Chong

Published Mon, Jan 25, 2021 · 05:50 AM

lhn limited

Singapore

LHN Group's strategy of revamping unused and under-utilised spaces to suit emerging industry trends has proven valuable, after the pandemic triggered a rush towards e-commerce and bumped up demand for its co-living spaces.

Five years ago, the company did a strategic review of its business and began shifting away from traditional self-storage - typically catering to those storing personal items - to target merchants operating online instead. It came as Singapore's government was increasingly pushing for e-commerce to take off.

Today, the group operates ni…