MINOR Hotel Group has further expanded its presence in Mozambique through a significant hotel and mixed use investment in the capital Maputo, in addition to increasing its hotel portfolio with the rebranding of existing assets in the country to its Anantara and AVANI brands.
Minor Hotel Group has invested approximately USD 101 million to acquire 49 per cent of a hotel and mixed-use property project in Maputo in a joint venture with Rani Investment. The hotel and mixed-use development consists of the existing 154-key Radisson Blu Hotel, together with a 187-key residential tower and a 21-storey office tower of approximately 20,900 square metres, both of which are under construction. The project is well located in prime Maputo central business district, facing the renowned Maputo Bay. The residential project is expected to be completed by the end of 2015, the majority of which will be retained as rental units. The office project is also expected to be completed by the end of 2015 and will cater to pent-up demand for international quality office space. NALADHU MALDIVESIn other news, Naladhu Maldives unveiled the luxurious new two-bedroom pool residence. With an indigenous past, this is an old colonial heart, and turn-of-the-century living, this exciting addition to the destination. An impressive wood-carved gate marks the entrance to the new residence, revealing an incredible 600 square metres of ocean facing indulgence, wrapping around an al fresco dining terrace leading to a 95 square metre pool, edged by a sun deck with a dining pavilion at each end.