Datapulse to acquire Seoul hotel for $42.7 mil

Samantha Chiew
Samantha Chiew12/17/2018 07:22 AM GMT+08  • 2 min read
Datapulse to acquire Seoul hotel for $42.7 mil
SINGAPORE (Dec 17): Datapulse Technology announced that it is acquiring Hotel Aropa, a hotel located in Seoul, Korea, from Hotel Prima Co for a consideration of KRW 35 billion ($42.7 million).
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SINGAPORE (Dec 17): Datapulse Technology announced that it is acquiring Hotel Aropa, a hotel located in Seoul, Korea, from Hotel Prima Co for a consideration of KRW 35 billion ($42.7 million).


See: Datapulse announces diversification plans with intended acquisition of hotel in Seoul

The 127-room midscale hotel is located near Seoul’s Myeongdong district in the Namdaemun area of Central Seoul. The hotel is developed on a commercial freehold land that measures about 742 sqm with a total gross floor area (GFA) of 5,758 sqm.

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