Fine Acers, a company specialising in luxury resort investments, announced on Sunday that it aims to have assets under management worth INR 5,000 crore by the 2026-27 fiscal year. Currently, the company manages assets worth INR 2,500 crore.
Fine Acers secures $70 Mn from Wyndham Hotels
In addition, Fine Acers has secured a $70 million agreement with Wyndham Hotels and Resorts to develop four new hotels, one in Dubai and three in India. The company has also signed a memorandum of understanding (MoU) with the Rajasthan government for the development of a resort in Udaipur.
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“Fine Acers has announced that the company is targeting assets under management worth Rs 5,000 crore,” the company stated.
Further, Dinesh Yadav, Managing Director of Fine Acers, provided details about the company’s projects. He mentioned that their ongoing projects are expected to be completed by 2028. “The construction is in full swing at all our seven properties at various locations across the globe,” Yadav said. He also highlighted the financial benefits for investors, stating, “We are offering 7 percent return on our properties from the beginning of investment, which can increase once our properties start making profits.”
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