Hesperia Investment Group (GIHSA), headed by its president Jose Antonio Castro Sousa, has reached an agreement with Arum Group to acquire a majority stake of the luxury resort La Manga Club, with a total area comprising of 560 hectares with a privileged location in front of the Mar Menor and Mediterranean seas and adjacent to the nature reserve of Calblanque. La Manga Club is a tourism and residential resort with a wide range of sports facilities which until recently belonged to Inmogolf, a company linked to Arum Group. Additionally, GIHSA will invest in the improvement of the complex in order to create the best leisure and sports resort in Southern Europe.
Arum Group will continue to run the real estate business in La Manga Club through its subsidiary Inmogolf, with a great development potential due to the touristic appeal of its excellent location. Jesús Abellán, CEO of Arum Group, said: “Hesperia is the optimal partner to continue with this expansion project as this deal strengthens not only the resort’s further extension but also the development of the whole area, with a huge potential for residential tourism growth.”
