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Roxy Pacific plans upscale Maldives resort

Acquisition of Zitahli Kuda-Funafaru, which was completed on Wednesday, cost company US$31m

Published Thu, May 12, 2016 · 09:50 PM
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Singapore

ROXY Pacific Holdings Limited has finalised its plans to create an upscale Noku-branded resort in the Maldives. The acquisition of Zitahli Kuda-Funafaru was completed on Wednesday and cost Roxy Pacific US$31 million.

The company announced the purchase of the Noonu Atoll property in February and was exclusively advised by JLL Hotels and Hospitality Group.

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