Interesting business model from a retirement development on Queensland's Gold Coast. Esperance Hope Island is establishing a six-star hotel resort experience yet most apartments are being priced at 80% of the price of residential apartments nearby, with larger homes including penthouses at par or higher. Better still, residents have a 50% share in any profit or loss. #RetirementLiving https://lnkd.in/e--x6G-Q
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Managing Director at Mithra Capital Advisors Limited
8moWonder if developers in the UK would price accordingly and give the price uplift, if uch does occur, to owners. Good model indeed