PINNEYS HOTEL DEVELOPMENT

PINNEYS HOTEL DEVELOPMENT acquired on August 9, 2022 and project description is: REDEVELOPMENT OF THE PINNEYS BEACH HOTEL TO INTERNATIONAL STANDARD LUXURY c.a. 90 ROOM FACILITY AND AMENITIES BY ADDITION OF 30 SEAFRONT CONDOS, REDEVELOPMENT OF MAIN HOTEL BUILDING, CONSTRUCTION OF 1,200 LINEAR FEET MARINA ON THE WORLD FAMOUS PINNEYS BEACH, NEVIS, CARIBBEAN ISLANDS. THE DEVELOPMENT IS PLANNED IN THREE PHASES. CITIZENSHIP-BY-INVESTMENT AUTHORITY APPROVES THE PROJECT. THE RESORT TO BE OPERATED UNDER INTERNATIONAL LUXURY HOTEL BRABD AND ITS OPERATOR. DEVELOPMENT WILL BE EXECUTED IN THREE PHASES OVER A 36 MONTH PERIOD BY PINNEYS HOTEL DEVELOPMENT. FULL GOVERNMENT SUPPORT, APPROVALS, CONCESSIONS AND TAX BENEFITS ARE IN PLACE.