Billionaires Investors line up to buy their slice of the Maldives


Billionaires Investors line up to buy their slice of the MaldivesThe Maldives Archipelago is one of the most idyllic destinations on the planet with around 1,200 islands in the Indian Ocean surrounded by coral reefs abundant with sea life. It is also one of the world’s lowest lying nations with many of its islands standing just 3 feet above a sea level predicted to rise up to 23 inches in the next 100 years. This has not however deterred billionaires and resort developers from investing in the area and according to one company, enquiries keep rolling in.

The director of a firm listing islands Alan O’Connor says his company have seen a surge in enquiries for private islands recently in particular from wealthy Eastern Europeans and resort operators from Asia. O’Connor was in London last week where he met with among others a Russian billionaire who he says has a real passion for the region and is keen to develop an exclusive luxury resort to rival the best there is. Read full article

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