“We are talking with the company, but there is still nothing definitive, altough conversations are all right”, confirmed a source close to the negociation, which announced that a sales agreement could be signed in 30 days and that everything will be communicated in a press release.
According to extrajudicial sources, CPG intends to acquire part of the hotel assets in Playa Blanca for us$ 140 million. Decameron could go on operating the hotel.
This hotel group, that has a 20-year license in the Farallón area, has invested us$ 100 million in infraestructure in the last seven years. Nowadays, the resort has 820 rooms, a golf course, 200 country houses and a Fiesta casino.
CPG, with a venue in Puerto Rico, administrates Caribbean Real Estate Opportunity Fund, a us$ 500 million fund that has focused in the acquisition of real state properties in the Caribbean and Central America.