Asia Pacific Investment House raises £33m for St Kitts and Nevis resort
Published
03rd Jul 2013
Venture capital company Asia Pacific Investment House (APIH) has successfully met the target for the first round of fundraising for the Paradise Haven resort in St Kitts and Nevis – raising £33m (US$50m).
Set to occupy 202 hectares on Nevis - part of the two-island Caribbean nation of St Kitts and Nevis - Paradise Haven will be an eco-friendly beach and golf complex comprising an 18-hole golf course with an accompanying golf hotel, spa villas, health and wellness facilities, a medical centre and an eco hotel and eco lodges.
The resort will also include luxury retirement and family residences and have its own private beach. Among the developers attached to the complex, which has an overall projected budget of £164 (US$250m), is international hotel, resort and spa brand Six Senses.
Paradise Haven managing director Keithley Warner said: “We are extremely pleased with the US$50m landmark investment achieved by APIH in this first round.”
