Ananda may sell German holiday resort


KUALA LUMPUR: Billionaire T. Ananda Krishnan is considering selling a tropical-themed holiday resort in Germany as he seeks to focus on his domestic investments, a source said.

Ananda and business partner Colin Au are working with an investment bank to gauge interest in Tropical Islands Resort in Brandenburg, which houses the world’s largest indoor rainforest, according to the people. They have held talks with some potential buyers for the project, which could fetch as much as 300 million euros (US$370mil), the source said.

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Business , Ananda krishnan , Geman , resorts

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