Tropical Islands signs agreements to develop vacation homes and related resort facilities
Clients Tropical Islands Group
Jones Day assisted Tropical Islands Group with signing agreements for the development of vacation homes and related facilities at Germany's Tropical Islands resort.
Tropical Islands is a holiday resort destination with a year-round indoor tropical environment. It is located within the world's largest freestanding dome and houses an indoor rainforest with over 50,000 plants from 600 species. The resort also features Germany's tallest water slide and Europe's largest tropical sauna and spa complex.
This signing is the first of three phases. Phase 1 will involve the transfer of land measuring up to 56 hectares, of which 30 hectares have been zoned for approximately 400 vacation homes, and 26 hectares are zoned for streets, common facilities, parks, and forest.