Photo credit: JLL<\/figcaption><\/figure>\n<\/div>\n\n\nAccording to JLL, its advisory role on this transaction will also serve as a potential catalyst for increased debt financing activity in the Maldives, appealing to demand for more international and diverse lenders in this space.<\/p>\n\n\n\n
Amingiri Holdings Pvt Ltd is a hospitality-focused subsidiary of Amin Construction Pvt Ltd, one of the most prominent Maldivian real estate companies. <\/p>\n\n\n\n
JLL\u2019s Hotels & Hospitality Group and Debt & Structured Finance teams in Singapore originated the debt refinancing with an international bank, which acted as the loan’s arranger, facility agent, and security agent.<\/p>\n\n\n\n
“We have long provided innovative investment advisory solutions to the Maldives’ leading hotel owners and operators and proudly take our commitment to this market to another level by providing JLL’s first debt refinancing deal. We believe considerable interest exists in diverse refinancing programmes in the Maldives that play to our strengths and ability to tailor solutions,” said JLL’s Hotels & Hospitality Group, Asia Pacific CEO Nihat Ercan. <\/p>\n\n\n\n
The Hilton Maldives Amingiri Resort & Spa opened in July 2022 and is managed by Hilton Worldwide. The asset comprises 109 keys spread across beach and overwater villas. The hotel is located on Amingiri Island in the North Mal\u00e9 Atoll, accessible by a 20-minute speedboat ride from Velana International Airport.<\/p>\n\n\n\n
\u201cAdvising on a transaction of this scale in the Maldives is a landmark for the country\u2019s hospitality industry and JLL\u2019s evolving debt financing footprint. There is considerable interest by hotel owners for more structured finance services, and our entry into the Maldives will open new doors for financing assets in this and other non-traditional markets,\u201d said JLL Head of Debt Advisory, Asia Pacific Paul Brindley.<\/p>\n\n\n\n
JLL has advised on approximately USD2 billion worth of resort transactions in the Maldives.<\/p>\n","protected":false},"excerpt":{"rendered":"
SINGAPORE, 24 March 2025: JLL announced last week that it has advised on a landmark debt refinancing programme for Amingiri Holdings Pvt. Ltd., owner of the luxury Hilton Maldives Amingiri Resort & Spa.\u00a0 The milestone deal leverages JLL’s experience in the Maldives hospitality sector and marks a significant expansion of the firm\u2019s services in this […]<\/p>\n","protected":false},"author":22,"featured_media":249515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4257,640],"tags":[],"class_list":{"0":"post-249514","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asia-pacific","8":"category-hotels"},"yoast_head":"\n
JLL locks in refinancing for Maldives\u2019 resort - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JLL locks in refinancing for Maldives\u2019 resort - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE, 24 March 2025: JLL announced last week that it has advised on a landmark debt refinancing programme for Amingiri Holdings Pvt. Ltd., owner of the luxury Hilton Maldives Amingiri Resort & Spa.\u00a0 The milestone deal leverages JLL’s experience in the Maldives hospitality sector and marks a significant expansion of the firm\u2019s services in this […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/\" \/>\n<meta property=\"og:site_name\" content=\"TTR Weekly\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/web.facebook.com\/TTRweekly\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-23T23:15:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/03\/4-16.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"747\" \/>\n\t<meta property=\"og:image:height\" content=\"385\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"TTR WEEKLY\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/ttrweekly\" \/>\n<meta name=\"twitter:site\" content=\"@ttrweekly\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"TTR WEEKLY\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/\"},\"author\":{\"name\":\"TTR WEEKLY\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93\"},\"headline\":\"JLL locks in refinancing for Maldives\u2019 resort\",\"datePublished\":\"2025-03-23T23:15:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/\"},\"wordCount\":360,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/03\/4-16.jpg\",\"articleSection\":[\"ASIA PACIFIC\",\"HOTELS\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/\",\"name\":\"JLL locks in refinancing for Maldives\u2019 resort - TTR Weekly\",\"isPartOf\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/03\/4-16.jpg\",\"datePublished\":\"2025-03-23T23:15:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#primaryimage\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/03\/4-16.jpg\",\"contentUrl\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/03\/4-16.jpg\",\"width\":747,\"height\":385},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ttrweekly.com\/site\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JLL locks in refinancing for Maldives\u2019 resort\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#website\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/\",\"name\":\"TTR Weekly\",\"description\":\"News for Southeast Asia's travel planners. Latest news, travel news, B2B news, Southeast Asia, Thailand, Vietnam, Myanmar, Cambodia, Laos, Singapore, Malaysia, Indonesia, Philippines and Brunei.\",\"publisher\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ttrweekly.com\/site\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#organization\",\"name\":\"ttrweekly\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png\",\"contentUrl\":\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png\",\"width\":1133,\"height\":375,\"caption\":\"ttrweekly\"},\"image\":{\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/web.facebook.com\/TTRweekly\/\",\"https:\/\/x.com\/ttrweekly\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93\",\"name\":\"TTR WEEKLY\",\"sameAs\":[\"https:\/\/www.ttrweekly.com\",\"https:\/\/x.com\/https:\/\/twitter.com\/ttrweekly\"],\"url\":\"https:\/\/www.ttrweekly.com\/site\/author\/e-newswire\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"JLL locks in refinancing for Maldives\u2019 resort - TTR Weekly","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/","og_locale":"en_US","og_type":"article","og_title":"JLL locks in refinancing for Maldives\u2019 resort - TTR Weekly","og_description":"SINGAPORE, 24 March 2025: JLL announced last week that it has advised on a landmark debt refinancing programme for Amingiri Holdings Pvt. Ltd., owner of the luxury Hilton Maldives Amingiri Resort & Spa.\u00a0 The milestone deal leverages JLL’s experience in the Maldives hospitality sector and marks a significant expansion of the firm\u2019s services in this […]","og_url":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/","og_site_name":"TTR Weekly","article_publisher":"https:\/\/web.facebook.com\/TTRweekly\/","article_published_time":"2025-03-23T23:15:00+00:00","og_image":[{"width":747,"height":385,"url":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/03\/4-16.jpg","type":"image\/jpeg"}],"author":"TTR WEEKLY","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/ttrweekly","twitter_site":"@ttrweekly","twitter_misc":{"Written by":"TTR WEEKLY","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#article","isPartOf":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/"},"author":{"name":"TTR WEEKLY","@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93"},"headline":"JLL locks in refinancing for Maldives\u2019 resort","datePublished":"2025-03-23T23:15:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/"},"wordCount":360,"commentCount":0,"publisher":{"@id":"https:\/\/www.ttrweekly.com\/site\/#organization"},"image":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/03\/4-16.jpg","articleSection":["ASIA PACIFIC","HOTELS"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/","url":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/","name":"JLL locks in refinancing for Maldives\u2019 resort - TTR Weekly","isPartOf":{"@id":"https:\/\/www.ttrweekly.com\/site\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#primaryimage"},"image":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/03\/4-16.jpg","datePublished":"2025-03-23T23:15:00+00:00","breadcrumb":{"@id":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#primaryimage","url":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/03\/4-16.jpg","contentUrl":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/03\/4-16.jpg","width":747,"height":385},{"@type":"BreadcrumbList","@id":"https:\/\/www.ttrweekly.com\/site\/2025\/03\/jll-locks-in-refinancing-for-maldives-resort\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ttrweekly.com\/site\/"},{"@type":"ListItem","position":2,"name":"JLL locks in refinancing for Maldives\u2019 resort"}]},{"@type":"WebSite","@id":"https:\/\/www.ttrweekly.com\/site\/#website","url":"https:\/\/www.ttrweekly.com\/site\/","name":"TTR Weekly","description":"News for Southeast Asia's travel planners. Latest news, travel news, B2B news, Southeast Asia, Thailand, Vietnam, Myanmar, Cambodia, Laos, Singapore, Malaysia, Indonesia, Philippines and Brunei.","publisher":{"@id":"https:\/\/www.ttrweekly.com\/site\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ttrweekly.com\/site\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ttrweekly.com\/site\/#organization","name":"ttrweekly","url":"https:\/\/www.ttrweekly.com\/site\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/","url":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png","contentUrl":"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2022\/07\/TTRW-272-01.png","width":1133,"height":375,"caption":"ttrweekly"},"image":{"@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/web.facebook.com\/TTRweekly\/","https:\/\/x.com\/ttrweekly"]},{"@type":"Person","@id":"https:\/\/www.ttrweekly.com\/site\/#\/schema\/person\/0969996ed7cd03b896cfdbc063a1dd93","name":"TTR WEEKLY","sameAs":["https:\/\/www.ttrweekly.com","https:\/\/x.com\/https:\/\/twitter.com\/ttrweekly"],"url":"https:\/\/www.ttrweekly.com\/site\/author\/e-newswire\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts\/249514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/comments?post=249514"}],"version-history":[{"count":2,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts\/249514\/revisions"}],"predecessor-version":[{"id":249548,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/posts\/249514\/revisions\/249548"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/media\/249515"}],"wp:attachment":[{"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/media?parent=249514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/categories?post=249514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ttrweekly.com\/site\/wp-json\/wp\/v2\/tags?post=249514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/03\/4-16.jpg\")