* Partnership with construction giants TJS demonstrates Invest Islands’ commitment to development of luxury resort in South Lombok
* ‘Major milestone for Invest Islands and our many clients’ says founding partner Kevin Deisser, who expects resort to be open by 2023.
Lombok, March 12, 2020 — Invest Islands have announced a new cooperation agreement with Tunas Jaya Sanur (TJS) that will ensure its luxury resort development in Torok Hills will be completed to the highest possible construction standards and delivered on schedule.
The agreement, in the form of a Memorandum of Understanding (MoU), formalises the two parties’ mutual commitment to redefine luxury hospitality in South Lombok and strengthens the existing relationship between one of the fastest-growing property development companies on the island and one of the largest construction and fabrication firms in Bali.
Registered in both Indonesia and Hong Kong, Invest Islands is the most transparent real estate firm operating in Lombok and specialises in secure ownership structures for overseas investors. With a mandate to provide clients with undervalued plots of land in coveted areas, the firm also provides the security and compliance that comes with Hong Kong regulations. Through this arrangement, the company has created a safe way to tap into the Lombok market and maximise return on investment.
TJS was founded in 1978 and has extensive experience in construction and fabrication both within Indonesia and internationally. Experts in structural, architectural and interior works, as well as landscaping, MEP, and civil infrastructure, the company’s portfolio includes successful projects for hotel chains such as Grand Hyatt, Bulgari, and Accor.
“We are delighted to partner with Tunas Jaya Sanur as it marks a major milestone for both Invest Islands and our many clients,” said Kevin Deisser, Founder and Director, Invest Islands. “TJS’s professionalism and extensive track record of success made it an easy decision as we move forward at pace with what will be an iconic resort in Torok Bay.”
The as-yet unnamed resort at Torok Bay will be a high-end luxury destination featuring sustainable design and locally sourced materials. Due for completion in 2023, it will be built across 14 hectares of beachfront land and will comprise of 73 units, combining one, two and three bedroom apartments. The resort will be anchored around an exclusive clubhouse featuring an opulent restaurant and numerous leisure facilities, including a swimming pool and tennis courts. Invest Islands is currently at the final stage of confirming the hotel operator.
“We always aim for the best, be it partners, designs, locations, materials, whatever,” added Deisser. “For this reason, signing an MOU with Tunas Jaya Sanur makes perfect sense and we are thrilled to begin this journey together.”
TJS spokesperson Eka Wijaya said the scale of Invest Islands’ maiden resort was what drew them towards its new partners, as well as the opportunity of working on something unique in Lombok.
“We are very excited to finally be working with Invest Islands, whose professionalism and diligence in the Indonesian market is something we have been aware of for some time,” said Wijaya, spokesperson for Tunas Jaya Sanur. “We believe this MOU will exploit the natural synergy between the two companies and result in rapid progress at what promises to be a game-changing resort at Torok Bay in Lombok.”
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About Invest Islands
Founded by Kevin Deisser and Jack Brown in 2014, Invest Islands is a fully licensed property brokerage company. Registered in Lombok as PT PMA Invest Indonesian Islands and Hong Kong under AIG Asian Island Group, the privately owned company offers foreign investors a secure ownership structure in Indonesia. Invest Islands’ vision is to find undervalued plots of land, then delivering clients secure and affordable financial products through property investments. The company’s core beliefs revolve around sustainability and realistic growth in line with the natural development of the market.