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Friday, July 5, 2013

US$50m raised for high-end luxury Resort Development in Caribbean

 Asia Pacific Investment House (APIH) has successfully completed its round one funding for Resort Development Paradise Haven in St Kitts & Nevis, raising US$50m target.  With a total project projection of US$250m, early indications are looking extremely positive for the second round.

Supporting the government tourism development programme, upwards of 1000 local jobs will be created, providing crucial sustainable employment.  The first of the 4 stage construction phases is anticipated to be operational during 2013/14.

A 500 acre eco-friendly golf and beach resort development, Paradise Haven is to be located in Nevis.  The resort will include ultra-luxury villas, condominiums, retirement and family residences as well as an internationally branded 5 star plus hotel, health and wellness spa, spa cluster villas, internationally branded eco rain forest hotel and lodges, golf hotel and club house, state of the art medical centre and resort beach.

Paradise Haven will also feature an International champion-standard signature 18 hole golf course.  Under the management of a leading and worldwide acclaimed golf partner, it promises to bring luxury golf to a new dimension.

Also on board is Six Senses, leading Resort & Spa Management and Development Company whose worldwide brand is synonymous with high-end, ecological, sustainable Resorts, reflective of the Paradise Haven philosophy.

Paradise Haven Managing Director Mr. Keithley Warner said, “We are extremely pleased with the US$50m landmark investment achieved by APIH in this over-subscribed first round.  Round two is now open to Investors and besides offering great investment benefit returns, Paradise Haven is approved under the St. Kitts &Nevis Citizenship by Investment Programme whereby participating Investors are eligible to apply for Citizenship, making this a highly lucrative investment opportunity”.

Asia Pacific Investment House (APIH) is a leading Venture Capital company, registered in the off-shore regime of the British Virgin Islands, with its Operating HQ in Singapore’s financial district. APIH specializes primarily in Project Funding, recently partnering with Santos Vanderbilt, a specialist Investment Marketing Centre located in Barcelona, Spain to further consolidate its European activities.