Northeast resort project of Gremi Group aims to raise $100m this year
The construction of a luxury tourism complex aimed at attracting foreign millionaires, where a bungalow will
cost between R$7.5 million and R$17.5 million, is expected to begin next year along 6.5 kilometers of beach in
Rio Grande do Norte state, in Brazil’s Northeast region.
The Eco Estrela venture, designed by Polish group Gremi in Baía Formosa, 100 km from state capital Natal, is
designed to compete with world-famous and environmentally sustainable destinations such as Porto Cervo, in
Sardinia (Italy), Sotogrande (Spain) and Mayakoba (Mexico). Hotels, resort facilities and luxury residential
units are planned.
Gremi group’s Polish businessman Grzegorz Hajdarowicz will do a roadshow in New York, London, Zurich,
Luxembourg, São Paulo and Lisbon between November 18 and December 15 to raise $100 million (R$417
million) with investors.
By Moreira Assis via Valor Internacional