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News

TROOPS Signs Non-Binding MOU To Acquire Portfolio Of UK Property Assets Valued At ~£40M

Author: Benzinga Newsdesk | August 14, 2025 08:42am

 TROOPS, Inc. (NASDAQ:TROO) ("TROOPS" or the "Company") today announced the Company signed a non-binding Memorandum of Understanding ("MOU") to acquire a portfolio of UK property assets valued at approximately £40 million on August 13, 2025. This strategic acquisition accelerates TROOPS' global growth strategy, diversifying its asset mix with income-generating international real estate across markets from Asia to Europe.

Strategic Transaction Highlights

- £40 Million Portfolio: Acquisition of UK property-holding companies, combining cash consideration and issuance of TROOPS' ordinary shares to eligible investors.

- Global Expansion: Builds on TROOPS' recent entry into Asian markets, including a stake in a Malaysian co-living operator (May 2025) and 49% of a Taiwan-based co-working space (July 2025).

- Diversified Income: Adds stable, passive rental income to complement TROOPS' co-living/co-working operating models in Asia.

- Market Synergy: Expands TROOPS' innovative urban solutions into the UK — a key market for co-living and flexible workspace demand.

Enhanced Strategic Vision

The acquisition advances TROOPS' strategy to:

(a) Diversify Globally: Balance Asian operating ventures (Malaysia and Taiwan) with UK income-generating assets, de-risking the portfolio.

(b) Scale Passive Income: Secure recurring revenue from prime UK real estate to fund growth in core co-living/co-working segments.

(c) Unlock Cross-Market Synergies: Leverage design and technology expertise across all markets, from Asia to Europe.

Posted In: TROO

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