PGIM Real Estate joins Mindworks-backed Dash Living to snap up $108m HK hotel

PGIM Real Estate joins Mindworks-backed Dash Living to snap up $108m HK hotel

The 148-key hotel will be redeveloped into a co-living complex to be operated by Mindworks-backed Dash Living

Hong Kong-based co-living space operator Dash Living, in a joint venture with its backer Mindworks Ventures and US asset manager PGIM Real Estate, has completed the acquisition of HK$850-million ($108 million) city hotel Travelodge Central Hollywood Road, according to various industry sources.