Asset Management Spain Gestmadrid and the company Apex Capital have created a joint venture to build 20 hotels in the Caribbean Tulum. The construction company that will be in charge of building these accommodations will be PAK’TE, belonging to the Apex Capital group.
For the development of these projects they have a plot of one million square meters of hotel area, located in a strategic enclave, very close to other projects already in progress such as Four Seasons, W Marriot and Azulik. Also next to the PPP, Papaya Playa Project, one of the most famous beach clubs in the area, which brings together tourists and artists from all over the world to participate in its musical events.
In this agreement, Apex Capital will provide the funds for the construction of these 20 hotels with between 50 and 500 rooms, while Asset Management Spain Gestmadrid will assume project management, engineering, marketing and will provide all the resources of the Legal Department.
Thus, the joint venture reaches the white sand beaches of Mexico, crowning this location that is establishing itself as one of the most fashionable places on the Caribbean coast, with exclusive hotels.