CLERHP Estructuras buys Terrazas Lago for USD 6.62 million in Cap Cana project deal

Reuters2026/08/13 21:03

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

CLERHP bought 100% of Terrazas Lago, the developer of the Marelago residential project in Cap Cana, Dominican Republic.
Purchase price set at USD 6.62 million, to be paid in kind through delivery of finished assets in Larimar City.
The deal shifts CLERHP from service provider to owner of the Marelago land and project rights.
Home deliveries scheduled for 2027-2028, targeting at least USD 60 million in sales and USD 20 million in gross margin.
Marelago has CONFOTUR status, providing tax incentives for tourism projects in the Dominican Republic.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CLERHP Estructuras SA published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

CLERHP Estructuras buys Terrazas Lago for USD 6.62 million in Cap Cana project deal

You may also like

Crypto prices