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Philippines – Bloomberry granted loan to build Solaire Quezon City
By Phil - 13. Februar 2019
The Philippines-based Bloomberry has had a ten year loan approved for $767m to pay for the build of its Solaire-branded casino resort in Quezon City.
Das Darlehen wurde zwei Tochtergesellschaften von Bloomberry gewährt: Sureste Properties Inc. und Bloomberry Resorts and Hotels. Es wird den „Entwurf, den Bau und die Entwicklung eines integrierten Hotel- und Gaming-Resorts“ im Vertis North Complex in Quezon City, Metro Manila, finanzieren.
Ziel ist es, noch in diesem Jahr mit dem Bau zu beginnen und das Casino 2021 oder 2022 zu eröffnen.
Bloomberry Chairman and CEO Enrique Razon said: “This is part of our strategy to capture the base mass segment in the north. It’s a smaller property so it will be high rise. The gaming space will probably be the same, but not the same layout.”
“We foresee that tourism will continue to play a significant role in the growth of Philippine integrated resorts. Growth will likewise be boosted by the rise in middle-class incomes and increasing connectivity across the region,” Mr. Razon added. “In Entertainment City, infrastructure and real estate projects are being constructed at a rapid rate, and this should drive increased foot traffic into Solaire.”
