Within the framework of Fitur 2025, BHD Funds, the administrator of funds of investment of the Financial Center BHDannounced the signing of a strategic agreement with the Group Prime to develop an ambitious project tourist and real estate in Emerald Beach, miches. This project will be carried out under strict international standards, promoting the sustainability and attracting investment direct foreigner to the country.
The plan calls for a phased development that will include two beach hotels operated by international brands, luxury residences for sale and a variety of amenities that will complement the growth. real estate and tourist of the region.
“As administrator of funds of investmentour goal is to promote new destinations tourist and prioritize sustainability in each development. With this alliance with Grupo Primewe began planning a macroproject that combines investment local and international. This will bring global experience to the country and raise the level of quality of the hotel and real estate offer in miches“said Gabriel Tineo, general manager of BHD Funds.
The project will be developed on a 1,500,000 square meter plot of land, owned by miches Land Development, a company in which the Closed Development Investment Fund BHD Fondos I participates as a local partner along with Grupo Therrestra, Grupo Saillant, TVP Management and Constructora Sofisa.
This development reinforces the commitment of BHD Funds with the creation of new poles tourist sustainable, strengthening the local economy and positioning miches as a key destination on the international tourism map.
About BHD Funds and Prime
BHD Funds managed funds of investment as a collective savings instrument, both for individuals and companies, with the aim of making it easier for its clients to diversify their investments and obtain greater profitability.
This subsidiary of the Financial Center BHD is an industry leader funds financial institutions with more than RD$26,000 million under administration and with the largest number of clients in the sector, which in turn manages a fund of investment real estate and another closed development fund.
The Closed Development Investment Fund BHD Funds I has participated in the tourism sector since 2022. All are direct capital investments, with local and international partners, channeling resources from the funds local pension plans and promoting investment direct foreign exchange from participants with recognized international experience.
The signature Feller Rate gave it an AAfa rating, the highest given to funds of investment in the Dominican Republic, validating the credit profile of its portfolio and compliance with its investment.
On your side, Prime Group is a hotel developer and operator group and real estate based in Florida, with more than four decades of experience associated with world-renowned brands.
It is a multifaceted company with a vision towards development real estate improved and sustainable. It has in its project portfolio: shopping centers, offices, mixed use, hotels, complexes touristrestaurants, single-family and multi-family residential communities. With a portfolio of more than 80 hotels and 12,000 rooms, under renowned brands such as Marriott, IHG and Hilton.
