Ann: Sale of Asakusa Vista Hotel, Tokyo , page-4

Pro,

i have slightly different opinion.

1. this property is supported by Mez where we pay 10% in interest p.a.

2. Soon is time to refinance and this tipe of property (hotel) is not in core mix .

3. Yes, Share price is depressed but we go fororganized wind up.

4. there were some other risk with this property..

I can be badly wrong as well.

not the worst move but we could not sell it for 2.5 yeats

now focus on what rate GJT can refinance