Minor Hotels acquires new property in Maldives

JLL Hotels and Hospitality Group announced the successful sale of Amari Havodda Maldives to Thailand's Minor International Public Company Limited (MINT) on Tuesday, July 12.

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Amari Havodda was sold to Minor International and its financial partner ADFD -- Photo: Amari Havodda

Mohamed Rehan

2023-07-13 13:41:27

JLL Hotels and Hospitality Group announced the successful sale of Amari Havodda Maldives to Thailand's Minor International Public Company Limited (MINT) on Tuesday, July 12.

JLL revealed that it provided advisory services to Crystal Plaza Resorts in the sale of the tourist property to Minor International and their financial partner, Abu Dhabi Fund for Development (ADFD). The consortium successfully acquired the resort for a total of USD 60 million.

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