CapitaLand has finally acquired a hotel in Korea. CapitaLand has been actively pursuing hotel investments in Korea, including the plan to acquire the Shilla Stay Seodaemun, which is currently for sale. In addition to Shilla Stay Seodaemun, several other properties have been reviewed, but with no results. Finally, CapitaLand is acquiring THE CONNOISSEUR Residence in Yeouido for KRW 73 billion. THE CONNOISSEUR Residence is located at 24, Gukhoe-daero 68-gil, Yeongdeungpo-gu, Seoul, and has a total of 161 rooms. The hotel was developed and constructed by Kunyoung Co., Ltd., and the hotel development and management company Trinity D&C, led by CEO Lee Hyun-ji, the eldest daughter of Kunyoung’s Chairman […]