JHSF completes US$160m purchase of Enjoy Punta del Este
Brazilian real estate group JHSF said it completed the purchase of all shares in Baluma S.A., owner of the Enjoy Punta del Este complex in Uruguay, for US$160m. The Central Bank of Uruguay approved the acquisition. JHSF plans to rename the complex Fasano Península, with the first stage expected by the end of this year and the full project by the end of 2027.
The acquisition keeps the existing casino within a larger planned hotel, retail and residential complex.