ANTIGUA—CBRE has completed the sale ofdevelopable land along the northeastern coast of Antigua. Theportfolio is comprised of approximately 987 acreson the mainland, plus three adjacent islands for a combined totalof approximately 1,522 acres.
Marketed as part of the Stanford InternationalBank dissolution, the land was acquired by YIDAInternational Investment Antigua Limited for US$60 million.
The Chinese firm plans to create “Singulari,” a multi-billiondollar mixed-use project including a golf resort,several five-star hotels, a horsetrack and residences stretching from theCrump Peninsula to GuianaIsland.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.