News &
developments.

Aravest, together with NH Investment & Securities, has completed the divestment of Seoul Square, a landmark office tower in Seoul's central business district.

Located directly opposite Seoul Station, the 23-storey property comprises approximately 132,806 sqm of lettable area and is among the largest office buildings in the Seoul CBD. The asset benefits from large floor plates of approximately 2,975 sqm and direct underground connectivity to Seoul's principal transport hub. Aravest and NH Investment & Securities acquired the property in 2019.

The divestment crystallises value for investors and reflects Aravest's disciplined approach to portfolio management across market cycles.

Aravest, together with NH Investment & Securities, has expanded its logistics portfolio in South Korea through a dual investment across development and stabilised logistics assets.

The first investment is Central Hub Jincheon, a two-centre logistics complex positioned to become a major inland distribution hub in Korea. Scheduled for completion in 2028, the development will provide approximately 284,328 sqm of scalable logistics space, with floor plates of up to 33,000 sqm and access to the Seoul Capital Region.

The second investment is Yeoju Logistics Center, a stabilised regional logistics hub comprising approximately 122,147 sqm. The facility serves as a key base for a leading Korean e-commerce platform and is supported by secured power capacity and infrastructure designed for next-generation automation.

The investments reflect Aravest's focus on high-specification, well-connected logistics assets that are positioned to deliver resilient income and long-term value.

Aravest has strengthened August Energy, a portfolio company of an Aravest-managed fund, through a partnership with Proparco, supporting August Energy's continued expansion across India and Southeast Asia.

August Energy is a Singapore-headquartered infrastructure platform that develops, owns and operates decentralised energy solutions for commercial and industrial customers, including renewable energy, storage and integrated utility solutions. In December 2025, August Energy also established a USD30 million joint platform with Private Infrastructure Development Group to develop, own and operate Energy as a Service projects in the Philippines, Vietnam and Thailand.

The partnerships reflect Aravest's focus on scalable sustainable infrastructure platforms that support corporate decarbonisation while creating long-term investment value.

Aravest, together with Sumitomo Mitsui DS Asset Management Singapore, has launched an APAC real estate credit strategy sponsored by SMBC Group.

The strategy is co-managed by Sumitomo Mitsui DS Asset Management Singapore and Aravest, combining SMBC Group's lending expertise with Aravest's institutional real estate investment and asset management capabilities across Asia Pacific.

The launch expands Aravest's investment offering beyond direct real estate equity and reflects its strategy of delivering bespoke private market solutions for institutional investors.

Aravest, through its joint venture with Wee Hur Holdings, will undertake the development of a residential site at Upper Thomson Road Parcel A in Singapore.

Located at the doorstep of Springleaf MRT station and within an established low-density landed housing enclave, the site is planned for a residential development with commercial space on the first storey. The project will combine strong connectivity with a quiet and green residential setting.

The project marks Aravest's first residential land development in Singapore and reflects its strategy of unlocking value through selective development opportunities in well-located markets.

Aravest, together with Wee Hur Property, has acquired Hotel Miramar at Robertson Quay, Singapore, a riverfront hospitality asset located near the Singapore River and the Central Business District.

The 344-key property will undergo a comprehensive refurbishment and be repositioned as DoubleTree by Hilton, marking the brand's debut in Singapore when it opens in 2026. The refurbishment will include upgrades to guestrooms, meeting spaces, the all-day dining restaurant and lobby lounge, together with enhancements to the arrival experience, fitness centre and pool deck.

The acquisition marks Aravest's first investment in Singapore's hospitality sector and reflects its strategy of investing in well-located assets with repositioning potential. The project brings together Aravest's investment capabilities, Wee Hur's development expertise and Hilton's global brand platform to create a refreshed hospitality offering for both business and leisure travellers.

Aravest has acquired a 50% interest in 345 Queen Street, also known as Central Plaza, a landmark office tower in Brisbane's Golden Triangle precinct.

The 40-storey prime CBD property benefits from strong connectivity to major transport, retail and financial nodes. The building has high occupancy and a diversified tenant base.

The acquisition reflects Aravest's confidence in Brisbane's long-term fundamentals and its strategy of investing in high-quality, well-located assets with resilient income characteristics and enduring value.

Aravest joined the SMFL Group following the acquisition of ARA's private funds business by SMFL MIRAI Partners and Kenedix.

The transaction established Aravest as SMFL Group's APAC private funds platform, building on the track record, investment capabilities and regional presence of ARA's private funds team across Singapore, South Korea and Australia.

Backed by SMFL Group's financial strength and Japanese institutional network, and complemented by Kenedix's deep real estate asset management expertise in Japan, Aravest is well-positioned to expand its private markets platform across Asia Pacific. The combination brings together regional investment capabilities, strong sponsorship and specialist asset management expertise to deliver long-term value for institutional investors.

Aravest has invested in Conrad Seoul, a luxury hotel located in Yeouido, Seoul's principal financial district.

The 434-key hotel forms part of the International Finance Center Seoul complex and benefits from strong connectivity to both Incheon International Airport and Gimpo International Airport. The asset is well-positioned to capture business demand during weekdays and inbound leisure demand on weekends.

The investment reflects Aravest's confidence in Korea's hospitality market and its strategy of investing in high-quality hospitality assets in major gateway locations.