Mitsubishi Estate Group’s Hmlet Acquires Singapore and Hong Kong Flexible Living Businesses
Expanding the APAC Footprint to Meet Surging Demand from Global Professionals and Inbound Travelers
April 30, 2026
Hmlet Japan Co., Ltd. (Chiyoda-ku, Tokyo; Representative Director: Kenichi Sasaki) is
pleased to announce that its holding company, FL Japan Holdings Co., Ltd., has acquired
Habyt Pte. Ltd. (“Habyt APAC”) from Germany-based Habyt GmbH. This acquisition makes
the prominent Singapore and Hong Kong flexible living operator a wholly owned subsidiary of
the group.
Through this acquisition, the total number of units under management by Hmlet Japan (1,613 units), Blueground Japan (253 units), and Habyt APAC (829 units in Singapore; 232 units in Hong Kong) will reach 2,927 units. This establishes the group as a major player in
the Asia-Pacific (APAC) region among Japan-based flexible living operators.
Following the acquisition, Habyt APAC will be led by Yoan Kamalski, the original founder of Hmlet Pte. Ltd. in Singapore who currently serves on the Board as Director of Hmlet Japan.
■Hmlet Properties in Singapore
■ Background: Expanding to APAC After Six Years of Growth in Japan
Hmlet Japan was established in 2019 as a joint venture between Mitsubishi Estate Co., Ltd. and Singapore-based Hmlet Pte. Ltd. (the original Hmlet, now Habyt APAC).
Centered on "thoroughly simplifying contract procedures" and "creating resident
communities," the company has pioneered flexible living as a new lifestyle standard in Tokyo and Osaka.
The external environment remains highly favorable. As the number of foreign visitors to Japan continues to set new records annually in the post-pandemic era, the rise of borderless work
styles—such as digital nomadism—has led to a rapid expansion in demand for
mid-to-long-term international residents. Recognizing that global mobility is reaching
unprecedented levels, the company determined this to be the ideal timing to expand the
operations it refined in Japan into the broader Asia-Pacific region.
While Singapore’s Hmlet was integrated into Germany's Habyt GmbH in 2022 to become
Habyt APAC, Hmlet Japan became a 100% subsidiary of the Mitsubishi Estate Group during
that period. Hmlet Japan has grown steadily by strengthening operations through digital
product development, expanding into Osaka in 2025, and reaching a management scale of
1,609 units as of April 2026. Furthermore, Yoan Kamalski, the original founder of Hmlet,
joined the board of Hmlet Japan in April 2025.
By bringing the original Singaporean "creator of the Hmlet brand" under the Japanese entity's umbrella, this acquisition ensures the continuous growth of the Hmlet brand and drives its re-expansion across the Asia-Pacific region.
■ Key Objectives of the Acquisition
１．Acquisition of Global Bases:
Securing operational foundations in Singapore (829 units) and Hong Kong (232 units), along with a workforce and organization possessing global expansion expertise. Post-acquisition, Habyt APAC will be led by CEO Yoan Kamalski to drive growth across the region.
2. Evolution of the Digital Platform:
Inheriting the property listings accumulated by Habyt APAC to complement Hmlet Japan’s existing digital products, further evolving a living experience where move-ins, move-outs, and community building are seamlessly managed digitally.
3. Centralization of Decision-Making in Japan:
By consolidating the group’s headquarters
functions in Japan, the company will accelerate decision-making and provide consistent, high-quality service throughout Asia.
■ Future Outlook: 35,000 Units and ¥10 Billion Operating Profit by 2035
Using this APAC acquisition as a catalyst, the group companies under FL Japan Holdings aim
to manage a total of 35,000 units both domestically and internationally, achieving an
operating profit of over ¥10 billion by 2035. Our goal is to become the world’s largest
flexible living operator by 2035.
■ Comment from Kenichi Sasaki, Representative Director & CEO, Hmlet Japan / FL Japan Holdings
"In October 2019, we established Hmlet Japan as a joint
venture between Mitsubishi Estate and Hmlet Pte. Ltd., then a Singapore-based startup. Over the past six and a half
years, we have addressed the challenges of the Japanese
rental market and the housing needs of international
residents, refining an operational style that prioritizes
community. We are now at a major turning point, welcoming back the Singapore base and the APAC business opportunities that were the very inspiration for Hmlet Japan’s birth.
Hmlet’s vision is to 'create a new standard of living as the
world’s most trusted flexible living platform.' We want to
make a world where people can freely choose where, how
long, and in what style they live. With that conviction, we
intend to bring our service—a blend of technology and human warmth—from Japan to the world. This M&A is not merely an expansion of locations; it is a vital step in realizing global
expansion by fusing the operations cultivated in Japan with
the history and culture of the original Hmlet.
I am thrilled to have Yoan Kamalski, the founder of the
original Hmlet, join us on this journey as CEO of the APAC
business. With our partners and colleagues, we are driving a 'new standard of living' across the APAC region as we work toward our 2035 goal of 35,000 units."
■ Comment from Yoan Kamalski, Hmlet APAC CEO & Founder
“Hmlet started as a bold idea about how people should live — more flexible, more global, and more human. In the early days, we focused on proving that this model could exist and
resonate with people across cities.
Today, coming back into Hmlet at this stage is not about
revisiting the past, but about building on a much stronger
foundation. Together with Ken-san and the team, we now
have the opportunity to take that original vision and scale it in a way that is more disciplined, more structured, and truly
long-term.
Japan has become the operational and strategic backbone of Hmlet, and that strength allows us to expand across APAC
with consistency, quality, and trust. By combining the
entrepreneurial spirit that started Hmlet with the rigor and
long-term mindset built in Japan, we believe we can define a new global standard for flexible living.
Our ambition is simple but ambitious: to create a platform
where people can live seamlessly across cities, without
friction, and with a strong sense of belonging. I’m excited to
lead the APAC business alongside Ken-san and our partners, and to build Hmlet into one of the most trusted living platforms in the world.”
“Hmlet started as a bold idea about how people should live — more flexible, more global, and more human. In the early days, we focused on proving that this model could exist and resonate with people across cities.
Today, coming back into Hmlet at this stage is not about
revisiting the past, but about building on a much stronger
foundation. Together with Ken-san and the team, we now
have the opportunity to take that original vision and scale it in a way that is more disciplined, more structured, and truly
long-term.
Japan has become the operational and strategic backbone of Hmlet, and that strength allows us to expand across APAC
with consistency, quality, and trust. By combining the
entrepreneurial spirit that started Hmlet with the rigor and
long-term mindset built in Japan, we believe we can define a new global standard for flexible living.
Our ambition is simple but ambitious: to create a platform
where people can live seamlessly across cities, without
friction, and with a strong sense of belonging. I’m excited to
lead the APAC business alongside Ken-san and our partners, and to build Hmlet into one of the most trusted living
platforms in the world.”
■ Hmlet Japan株式会社について
Hmlet Japanは、「世界で最も信頼されるフレキシブル・リビングプラットフォームとして、新しい暮らしのスタンダードを創造する」をビジョンに掲げ、三菱地所株式会社とHmlet Pte.,Ltd.（当時）が2019年に設立したフレキシブル・リビングの運営会社です。住む場所・期間・スタイルを自由に選べる世界を当たり前にするために、テクノロジーと人の温かさを融合したサービスを提供しています。2026年3月末時点で、稼働率90%超、入居者の約9割が外国籍で、50カ国以上の方にご利用いただいています。
◾️ 会社概要
| 会社名 | Hmlet Japan 株式会社 |
| URL | https://hmlet.com/ |
| 所在地 | 東京都千代田区丸の内二丁目5番1号 丸の内二丁目ビル7階 |
| 設立日 | 2019年10月 |
| 株主 | FL Japan Holdings株式会社 （三菱地所株式会社100％子会社） |
| 事業内容 | フレキシブルリビング事業施設の運営 |
| 代表取締役 | 佐々木 謙一 |
◾️ 採用募集中
Hmlet Japanでは、事業の急拡大に伴い、多様な職種で積極採用中です。セールス、カスタマーサクセス、テックエンジニア、プロダクトマネージャー（PdM）、ビジネスデベロップメント担当者など、バックグラウンドを問わず、Hmletのビジョンやカルチャーに共感いただける方を東京・大阪・福岡にてお待ちしております。スタートアップの成長フェーズを共に走っていただける方のご応募を、心よりお待ちしております。
（※）FL Japan Holdings 株式会社について
2023年、FL事業のさらなる拡大を目指し、HmletおよびBluegroundの両ブランドを効率的に運営するため、三菱地所の100％子会社としてFL Japan Holdingsが設立されました。今回のHabyt APAC社買収の主体はFL Japan Holdingsです。
| 会社名 | FL Japan Holdings 株式会社（エフエルジャパンホールディングス） |
| 所在地 | 東京都千代田区大手町一丁目1番1号 |
| 設立日 | 2023年11月 |
| 資本金 | 1,500万円 |
| 事業内容 | 「Hmlet Japan」及び「Blueground Japan」のFL事業を統括管理 |
| 代表取締役 | 佐々木 謙一 |
■ ストラクチャー図
◾️ 本件に関するお問い合わせ
Hmlet Japan株式会社 広報担当 E-mail：press.jp@hmlet.com
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