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HVS Asia Pacific Hospitality Newsletter - Week Ending 7 November 2025
Hospitality Net· 2025-11-10 07:33
Aravest and Wee Hur Acquire Hotel Miramar Singapore for SGD160 Million, SingaporeAravest Pte. Ltd. (“Aravest”), the asset management arm of Japan-based Sumitomo Mitsui Finance and Leasing Co. units SMFL Mirai Partners and Kenedix, together with its development partner Wee Hur Property Pte. Ltd., a subsidiary of Singapore-based Wee Hur Holdings Ltd. (“Wee Hur”), has acquired Hotel Miramar Singapore for SGD160 million, or approximately SGD465,100 per key. Located a six-minute walk from Havelock MRT Station on ...