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Singapore-based investors buy Soneva Gili Resort and Spa
Jul 12, 2012
Soneva Gili Resort & Spa
Soneva Gili Resort and Spa has sold its leasehold rights to Leisure Ventures Pte Limited, an associated company of Singapore-based Hotel Properties Limited, according to Jones Lang LaSalle Hotels.
The firm brokered the transaction as exclusive advisor to leasehold right holders Hibernia Worldwide Finance BV and Ramon Investments Limited.
"The sale of the resort offers the purchaser a rare opportunity to acquire an established hotel asset with strong existing cash flow,” said Scott Hetherington, chief executive officer Asia, Jones Lang LaSalle Hotels. "This is the first fully operational resort to be offered for sale through a transparent and open marketing process in the Maldives. Such assets rarely become available and, as anticipated, we received strong interest from regional and international investors.”
The resort will be renamed Gili Lankanfushi and managed by HPL Hotels and Resorts.
Soneva Gili Resort and Spa is located in the North Malé Atoll and a 20-minute speedboat journey away from Malé International Airport.
The resort features 45 exclusive over-sized over-water villas, a selection of unique dining concepts and luxurious resort facilities and amenities.
It is also one of only three Maldivian resorts to have been included in the Condé Nast Traveller’s 2012 Gold List.
The multiple award-winner has also been recognised as the "World’s Leading Villa Resort and Spa”, "Maldives Leading Luxury Resort” and "Indian Ocean’s Leading Luxury Resort” at the prestigious World Travel Awards.