Business
PRESSR: Modon Holding announces a strategic investment in Wellington Lifestyle Partners
PRESSR: Modon Holding announces a strategic investment in Wellington Lifestyle Partners
About this update from Modon Holding Psc
Modon joins a consortium of investors to elevate Wellington International equestrian showgrounds and develop an ultra-luxury destination integrating residential, hospitality and sports assets in Wellington, Palm Beach County, FloridaStrengthens Modon’s global presence and enables knowledge exchange across large-scale mixed-use, hospitality and lifestyle developmentsAbu Dhabi, UAE – Abu Dhabi-based Modon Holding P.S.C (“Modon”) today announced a strategic investment in Wellington Lifestyle Partners (“WLP”), joining a consortium of existing investors in the company.Modon’s investment will support the long-term development of Wellington International equestrian showgrounds and deliver a landmark ultra-luxury real estate development featuring high-end residences, a boutique hotel, a commercial marketplace and a championship golf course located in Wellington, Florida – a global icon of equestrian sport. This investment marks Modon’s first direct investment in an equestrian led development in the United States, complementing its existing global portfolio, and reinforcing its strategy to partner with leading international organisations in expanding its presence across ultra-luxury destination developments. The partnership further strengthens Modon’s position as a globally recognised investor in large-scale, high-value real estate and lifestyle projects.Through the investment, Modon joins WLP’s group of existing investors and operators to advance a multi-asset portfolio of lifestyle and sports destinations. The portfolio includes the world-renowned Wellington International showgrounds; The Wanderers Club, a private family-oriented country club offering golf, tennis, swimming and dining; The Wellington, a new private residential club community comprising 253 best-in-class residences set to open in 2028 and featuring a championship-level golf course designed by David McLay Kidd; and a planned lifestyle Marketplace featuring a luxury boutique hotel, residences, shops, offices and restaurants. Together, these assets form a long-term masterplan to strengthen Wellington’s position as the global home of equestrian sport and luxury living.The investment also includes a strategic licence agreement enabling Modon to use Wellington International’s brand and intellectual property across several key strategic markets to support the development of future lifestyle and communit...