According to the Sunday Times on 13th May (http://www.sundaytimes.lk/120513/BusinessTimes/bt02.html), the partially built apartment complex in Colombo 3 which was to be known as 'Premier Pacific' has been bought by the Sheraton Hotel group and is in the process of converting it to a 360 roomed luxury hotel.
The Premier Pacific already had 12 floors of the 21 storied building completed before downturn and low interest halted the work in 2010, which began in 2004.
The Premier Pacific already had 12 floors of the 21 storied building completed before downturn and low interest halted the work in 2010, which began in 2004.
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