Land Holdings Plc
Finanz und Wirtschaft EQS Group-Ad-hoc: ASMALLWORLD AG / Schlagwort(e): Kooperation
ASMALLWORLD AG named Exclusive Hospitality Consultant for Croatian Land
Holdings Plc
10.09.2021 / 17:40 CET/CEST
Veröffentlichung einer Ad-hoc-Mitteilung gemäss Art. 53 KR
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.
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Ad hoc announcement
ASMALLWORLD AG (SWX:ASWN) named Exclusive Hospitality Consultant for Croatian
Land Holdings Plc
Zurich, 10.09.2021 - Today, ASMALLWORLD AG announced its appointment as
Exclusive Hospitality Consultant for Croatian Land Holdings Plc, a real-estate
investment company focused on the central Dalmatian islands. The scope of the
agreement covers the company's landmark Brac MEDhills development project on
the island of Brac, where ASMALLWORLD will assist with the assessment of
development options for a unique parcel of land on the Adriatic Coast covering
over 1M square metres.
Today, ASMALLWORLD AG announced that it has been appointed Exclusive
Hospitality Consultant for Croatian Land Holdings Plc on a land development
project in Brac, Croatia. Under the agreement, ASMALLWORLD will coordinate all
strategic aspects of project development, including the management of potential
partner brands, with the goal of maximizing the value of this 1M square metre
real estate investment for its shareholders.
Brac MEDhills -attractive development opportunity in a unique Croatian island
location
The Brac Project represents a unique development opportunity. The property is
located on the island of Brac, on the Adriatic Coast of Croatia, and covers
over 1M square metres of land with clean ownership title and all required
planning permissions in place to construct on over 400,000 m2 of building land,
achieving more than 335,000 m2 of gross developed area.
With an international airport just 15 minutes' drive from the project location,
the property offers multiple development opportunities for residential tourist
facilities amounting up to 2,000 beds plus leisure, commercial and medical
treatment facilities. The site itself is divided into three zones, all
interconnected with access roads.
Expanding ASMALLWORLD's position in the hospitality sector
ASMALLWORLD's primary role will focus on assessing development options and
identifying strategic partners for the project. As project consultant, the
company will work to secure LOIs from international luxury brands.
Under the new agreement signed today, ASMALLWORLD is also expected to support
Croatian Land Holdings Plc in finding additional investors for the development,
which has an estimated market value of US$ 30-50M. In addition to consulting
fees, ASMALLWORLD may also generate sales commissions in the range of US$
1.5-2.5M over the next 3 years, provided agreed conditions are met.
"I would like to thank Croatian Land Holdings Plc for the trust that they put
in us for this unique project. Our work on MEDhills will further strengthen
ASMALLWORLD's standing in the hospitality industry and significantly extend our
work portfolio in this field," commented ASMALLWORLD CEO Jan Luescher.
About Croatian Land Holdings Plc
Croatian Land Holdings Plc has a strong track-record of real estate investments
in Croatia since 2006 and focuses on the purchase of prime building land and
the subsequent development and sale of residential properties.
Croatian Land Holdings Plc has a team of seasoned real-estate investors and
engages some of the best architects, project engineers and legal and tax
advisors in the region.
This press release and further information can be found at
www.asmallworldag.com.
The ASMALLWORLD Group
ASMALLWORLD is the world's leading travel & lifestyle community, focusing on
experiences: the modern-day definition of luxury.
Centred around the ASMALLWORLD social network, the company operates a digital
travel & lifestyle ecosystem which enables and inspires members to travel
better, experience more and make new connections.
Members of the ASMALLWORLD social network connect through its app and website,
where they can meet other members, engage in online discussions, receive travel
and lifestyle inspiration, and enjoy a wealth of travel privileges.
Members also meet in person at over 1'000 global ASMALLWORLD events every year,
ranging from casual get-togethers in major cities around the world, access to
exclusive launches, shows, galas, soirees, exhibitions, major global sporting
events, and larger flagship weekend experiences hosted in iconic destinations
such as Saint-Tropez and Gstaad.
Other businesses of the ASMALLWORLD travel & lifestyle ecosystem include:
ASMALLWORLD Collection, a high-end online hotel booking engine focused on the
world's most admired hotels, offering the unique "ASMALLWORLD Preferred Rate"
which allows customer to enjoy exclusive travel benefits at no extra cost
ASMALLWORLD Private, a high-end travel agency offering personalised travel
curation service
ASW Hospitality, a hotel management company that operates and manages the
iconic North Is-land resort in the Seychelles
First Class & More, a subscription-based smart luxury travel service that
allows members to enjoy luxury travel at insider prices
The World's Finest Clubs, the world's leading nightlife concierge offers its
members VIP access to the most exclusive nightlife venues around the world
For more information, please visit:
www.asmallworldag.com
www.asw.com
www.asmallworldcollection.com
www.asmallworldprivate.com
www.first-class-and-more.de
www.first-class-and-more.com
www.finestclubs.com
www.asmallworldhospitality.com
www.north-island.com
Contact:
ASMALLWORLD AG
Jan V. Luescher, CEO
Löwenstrasse 40
8001 Zurich
Switzerland
info@asmallworldag.com
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Ende der Ad-hoc-Mitteilung
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Sprache: Deutsch
Unternehmen: ASMALLWORLD AG
Löwenstrasse 40
8001 Zürich
Schweiz
ISIN: CH0404880129
Valorennummer: A2JE3W
Börsen: Freiverkehr in Berlin, Düsseldorf, Frankfurt, Stuttgart,
Tradegate Exchange; SIX Swiss Exchange
EQS News ID: 1232740
Ende der Mitteilung EQS Group News-Service
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1232740 10.09.2021 CET/CEST