Belmond Acquires Luxury Resort Cap Juluca

Belmond Acquires Luxury Resort Cap Juluca

Belmond said early Monday it has agreed to acquire the entirety of Cap Juluca, a 96-key luxury resort on the Caribbean island of Anguilla, British West Indies, for $84.6 million. At the same time, Belmond said it has agreed a 250-year ground lease for property that comprises approximately 167 acres, including approximately 250,000 square feet of additional developable beachfront land. The deal is expected to close by early June. Belmond […]

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