PERSPECTA

News from every angle

Back to headlines

ONEAM Initiates Legal Action to Sell Disputed Royal Orchid Sheraton Hotel

One Asset Management (ONEAM), manager of Grand Royal Orchid Hospitality Real Estate Investment Trust (GROREIT), has begun legal procedures to sell the 4.87-billion-baht Royal Orchid Sheraton Hotel. This action follows Royal Orchid Hotel (Thailand) (ROH) failing to repurchase the property as agreed.

16 Jul, 21:44 — 16 Jul, 21:44
PostShare