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Watson Farley & Williams (“WFW”) is happy to announce that the acquisition of W Maldives and Sheraton Maldives Full Moon Resort & Spa by an affiliate of KSL Capital Companions from Common Enterprises and Marriott Worldwide, on which the agency suggested the distributors, has been recognised because the ‘M&A Deal of the Yr 2022’ on the latest Lodge Funding Convention Asia Pacific (“HICAP”).
The HICAP Deal of the Yr Awards spotlight probably the most dynamic offers and developments and honour the continuing achievements of the trade’s leaders.
This deal represents one of many largest open-market transactions within the Maldives, reinforcing the Maldives’ place as a vacation spot for institutional capital. The resorts are positioned on their very own non-public islands and supply a mixture of overwater villas, seaside villas, and in depth visitor facilities amid a various biosphere of marine life instantly surrounding the islands.
The cross-border WFW workforce that suggested Common Enterprises and Marriott Worldwide was led by Sydney Accomplice and Asia Pacific Head of Motels & Hospitality Robert Williams and Singapore Motels & Hospitality Accomplice Lada Shelkovnikova, working carefully with Affiliate Sven Hofmann. The workforce was supported by Maldivian native counsel Salih, Shihab & Co.
Robert commented: “We’re delighted that HICAP attendees, the areas trade leaders, have recognised this transaction. This sale cements WFW’s regional inns & hospitality workforce because the market-leading authorized advisors on Indian Ocean resort offers. We now have suggested on numerous HICAP ‘Deal of the Yr’ transactions, and this one is simply as satisfying as our first. Congratulations and lots of because of our shoppers for trusting us with this deal”.
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