Further extension for Grand Lucayan sale - The Nassau Guardian
1 Articles
1 Articles
Further extension for Grand Lucayan sale - The Nassau Guardian
Lucayan Renewal Holdings Limited (LRHL) announced last night that it has agreed to a further seven-day extension for the due diligence period for the sale of the Grand Lucayan resort in Freeport to Electra America Hospitality Group, which agreed to purchase the property for $100 million from the government of The Bahamas.LRHL, the special purpose vehicle created to oversee the sale and manage the resort’s operations, noted in its statement that …
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