Centurion Trust a Jersey based trust group acting for and on
behalf of one of their major clients announced today they are in final
discussions with M Development LLC a USA based developer of luxury
hotels and resorts with regards to a major property development in
Spain. Elik Bults from Centurion Trust quoted, "It is a pleasure doing
business highly respected and efficient organizations and we are
looking forward to a very prosperous future together."
M Development LLC expects to complete the project by 2015 and puts
the total cost at just above 3.5 billion Euros with a potential
developed value in excess of 8 billion Euros. "We are very excited by
this prospect and I am very pleased at how well received the idea has
been from the start," said James McEvoy CEO of M Developments LLC.
British based EUP Investments Ltd. are representing M Development
LLC in these transactions. Martin Potts Managing Director EUP
Investments stated, "We are very pleased to have entered these
discussions with M Development and Centurion Trust both of whom are
achieving something quite remarkable within such a short time frame."
