To: 'eevacation mail.corn[jeevacation©gmail.com]; Jeffrey Epstein[jeevacation©gmail.corn]
From:
Sent Tue 9/11/2012 1:15:04 PM
Subject Fwd: EXCLUSIVE: Caribbean casino lures Arab investors
Around 20 Arab investors, mainly from Saudi Arabia and Qatar, have bought
homes in a casino resort in The Bahamas, which is currently the largest resort
under development in the Western Hemisphere.
Baha Mar launched its residences this summer at the Qatar-owned Harrods
department store in London's Knightsbridge. The centre piece will be the Baha
Mar Casino & Hotel, a 9,000 sqm Las Vegas-style casino complex.
With a total of 307 private freehold residences available for sale and prices
starting from US$1.5m, a spokesperson said the Caribbean resort has proved
popular with Arab buyers.
"Out of the 51 units already sold off plan at Baha Mar, 20 of them have been sold
to Arabs buyers, mostly from Saudi Arabia and Qatar," a spokesperson from the
company's sales office in London told Arabian Business.
"Many high net worth Arabs are seeking a haven due to the Arab Spring and the
rental programme offered at Baha Mar allows buyers who rent their apartments
back to Baha Mar to stay in participating hotels around the world for free,
including ones in Saudi Arabia and Dubai," she added.
In addition to the casino and residences, Baha Mar will include a total of 2,200
hotel rooms, spread across four major hotel brands, 19,000 sqm of retail and
entertainment space and an 18-hole Jack Nicklaus Signature Golf Course.
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The US$3.5bn project, which is due for completion in 2014, has received
US$2.45bn funding from the Export Import Bank of China.
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