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Posted: 09 Apr 2010 | 10:18 am
Back of the closing of the tender process for prospective purchasers of the high profile upscale Baan Taling Ngam Resort in Koh Samui, there is gathering speculation that a purchaser will be announced shortly.
The sale of the former Lehman's asset which is in the hands of the company liquidators; and being brokered by global firm JLL Hotels is being eyed by both the Thai and foreign hospitality investment market with considerable interest. Stay tuned.
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We have a place near to the Baan Taling Ngam Resort and would be very interested to find out who the new owners are. Should I just keep watching this space or is there a site where this type of thing is announced? Any speculation that you know of?
Bill Barnett responds:
Still no official announcement, speculation is the property is transacting so once news, we will check it out and report.