Hillhouse Investment’s Rava Partners buys majority stake in Dash Living

The investment in the Apac serviced apartment and rental housing firm could be worth as much as $150m, with the money set to help expand Dash Living's footprint in the region, in particular in Japan.

Dash Living, a provider of rental housing solutions in Asia Pacific Apac, has sold an undisclosed majority stake to Rava Partners, the real assets arm of global investment firm Hillhouse Investment.

This investment, which could reach up to $150 million, is aimed to help accelerate the growth of Dash Living in Apac, including Japan. Aaron Lee, chief executive officer CEO and founder of Dash Living, will continue to lead the company as CEO and as a board member to oversee its investments and operations. Dash Living declined to comment when FinanceAsia reached out for more details about the size and terms of the deal. 

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