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Mahadhdhoo, 87-villa resort under development, up for sale again

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Mahadhdhoo island in Gaafu Alif Atoll has once again been put up for sale.

Bank of Maldives (BML), which owns the uninhabited island on a 50-year lease expiring in 2056, has retained JLL Hotels and Hospitality to seek buyers for Mahadhdhoo.

In an announcement, JLL said on Tuesday that it is seeking offers in excess of USD 300,000 to complete the development of the island as an 87-villa resort as planned, and operate the hideaway property based on their specific brand strategy and operational requirements. An incoming purchaser will also have the option to explore attractive financing terms that could be considered by BML, it added.

JLL will accept expression of interest for the island before May 18. Interested parties have been asked to contact Nihat Ercan (+65 6494 3933 / nihat.ercan@ap.jll.com) or Irina Chadsey (+65 6494 3906 / irina.chadsey@ap.jll.com).

Nihat Ercan, Executive Vice President for Asia Pacific at JLL, was quoted in the statement as saying, “Mahadhdhoo island represents an exceptional opportunity for an investor to acquire a partially-built Maldivian resort at a price point well-below replacement cost. The Maldives remains a global gateway resort destination and is top of the list for buyers from Asia Pacific and the Middle East.”

Nestled within the pristine waters of the southern Gaafu Alif Atoll, Mahadhdhoo is accessible via a 45-minute flight from the Maldives’ main Velana International Airport to the domestic Kooddoo Airport in the atoll, followed by a 20-minute speedboat journey. Occupying a land area of approximately 119,000 square metres, Mahadhdhoo is one of 82 islands that form the Gaafu Alif Atoll, home to some of the most recognisable luxury and upscale resorts in the country.

Mahadhdhoo was initially put up for sale in August 2015. However, the process later came to a halt due to undisclosed reasons.

JLL is a leading financial and professional services firm that specialises in commercial real estate services and investment management. The firm has sold nine resorts in the Maldives since 2012, including the Konotta Island Resort to the Hawaii-based Outrigger Enterprises Group, Zitahli Kuda-Funafaru Resort and Spa to Singapore-based Roxy-Pacific Holdings Limited, Kodhipparu Island Resort to a joint venture between Singapore-based Park Hotel Group and Chip Eng Seng Corporation Ltd and Reethi Beach Resort to SC Capital Partners Group.

Main photo courtesy: Matthew Meier

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Villa Resorts hosts over 200 travel agents from India to showcase its transformation

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Villa Resorts, a leading Maldivian resort group, recently hosted a series of events for over 200 travel agents from India.

The events were held to highlight the company’s recent rebranding and to familiarise travel agents with the significant changes made as part of its strategic Blue Ocean Shift.

Villa Resorts has a significant market presence in India, and the events were part of the company’s ongoing efforts to work closely with its partners to showcase its transformation and enhancements in its products and services.

The familiarisation events drew over 200 participants, making it one of the largest series of events for travel agents ever hosted by a Maldivian resort group.

Villa Resorts plans to continue hosting similar events throughout the coming year to promote its growing portfolio of resorts to the Indian market.

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‘Get Charged and Win’ promotion: Four draws, countless winners, more to go

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The ‘Get Charged and Win’ promotion, which launched with great fanfare on June 23, continues to captivate audiences across the nation with its promise of incredible prizes and adrenaline-pumping excitement. As Coca-Cola moves forward, the company has announced not one, but four draws that have rewarded lucky winners with exciting prizes!

The ‘Get Charged and Win’ promotion has been a huge success, with dozens of lucky winners taking home amazing prizes, such as Benelli motorbikes, helmets, and Charged drink cases. The promotion, which started on June 23, has been attracting customers from all over the Maldives, who have been enjoying the refreshing taste of Charged caffeinated beverage and the thrill of scratching their cards to reveal their codes.

So far, four draws have taken place, each one broadcasted live on Television Maldives (TVM) at 9:30pm. The winners of the Benelli motorbikes were Mohamed Adam, MD Musharraf, Mohamed Rasel Hossain and Ahmed Zahir who were ecstatic to receive their prizes and thanked Charged for making their dreams come true. The winners of the helmets and drink cases were also delighted with their rewards and encouraged others to join the promotion.

But don’t worry if you haven’t won yet, because there are still more chances to win! The ‘Get Charged and Win’ promotion is not over yet. That means you still have time to grab your favourite Charged drink, scratch your card, and send your code to 2626 via SMS.

As the exciting journey continues, there are two main draws left in this thrilling event, scheduled for September 24 and October 20. You could be the next lucky winner of a Benelli Leoncino 250 motorbike! But the excitement doesn’t stop there; be sure to keep an eye out for the daily draws, with winners announced regularly on the @ChargedMaldives Instagram page. You could stand a chance to win a Charged branded helmet, or a Charged drink case.

Charged, a ground-breaking addition to Coca-Cola Maldives’ beverage portfolio, is available in 250 ml, in 100% recyclable aluminium cans, in line with our packaging strategy to use 100% recyclable packaging material. The caffeinated beverage is now widely available at major retail outlets, hotels, restaurants, and cafes throughout the Maldives.

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JEN Maldives Malé by Shangri-La unveils Oro’s 100% Arabica Rose Coffee

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JEN Maldives Malé by Shangri-La has introduced a special coffee to their collection – Oro’s 100% Arabica Rose Coffee. This latest addition to the menu of Jen’s Kitchen On-the-Go aims to provide coffee lovers with the unique and delicate taste of Oro’s Arabica Rose.

The hotel was alive with excitement on Thursday evening with the launch of Oro’s 100% Arabica rose. Media personnel and coffee enthusiasts were treated to an exclusive tasting experience of freshly brewed Arabica Rose Coffee along with some tasty finger foods.

The highlight of the evening was a lucky draw giveaway, extending an invitation for all the guests to participate and win a Skechers Maldives voucher and coffee voucher from Jen’s Kitchen On-the-Go.

Oro’s Arabica Rose Coffee is now available at Jen’s Kitchen on-the-go. It is the perfect spot to refuel with coffee, tea, freshly squeezed juices, or a light bite. Customers can now enroll to become a Shangri-La Circle Member and earn points with every purchase at Jen’s Kitchen On- the-Go and enjoy the rewards at Shangri-La Hotels & Resorts worldwide.

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