Yoan Kamalski has returned as chief executive of Singapore co-living operator Hmlet about five years after stepping down, as Mitsubishi Estate backs the company after Habyt reacquired its Asia-Pacific operations. [1]
Kamalski co-founded Hmlet and is back at the helm after a period in which Burda Principal Investments took over management of the company in 2021 during the Covid pandemic. [1] Burda had earlier led Hmlet's US$40 million Series B funding round in 2019. [1]
The leadership change comes as Hmlet's Asia-Pacific business has recently been bought back by European co-living operator Habyt. [1] Kamalski said he returned with “unfinished desires to build something really cool”. [1]
Mitsubishi Estate is supporting Kamalski's comeback, marking a shift from Hmlet's earlier venture-backed structure. [1] The company did not provide more details on the terms of the backing in the facts provided. [1]
Hmlet now faces the task of rebuilding under its restored founder leadership after the Habyt transaction and the change in backer. [1]
