Inside ASEAN IntelligenceOrganisation profile
CompanyThailand
Grande Royal Orchid Hospitality Real Estate Investment Trust
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Business overview
Company backgroundGROREIT is a real estate investment trust listed on the Stock Exchange of Thailand that invests in the ownership rights of the Royal Orchid Sheraton Hotel and Towers, with a leaseback agreement to the original owner, Royal Orchid Hotel (Thailand) Public Company Limited (ROH).
GROREIT's paid-up capital is 3,150 million baht, with a market capitalization of approximately 3,181.5 million baht, and it is listed on the Stock Exchange of Thailand under the ticker GROREIT.
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