Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Modon Holding completes the acquisition of La Zagaleta, one of the most exclusive and luxurious residential golf estates in Europe


News provided by

Modon Holding

20 Dec, 2024, 14:44 GMT

Share this article

Share toX

Share this article

Share toX

  • La Zagaleta is one of the most exclusive and luxurious residential golf estates in Europe, located in the hills of Benahavís near Marbella Spain, spanning 900 hectares of land with its own private helipad
  • The private gated development is a well-established estate, providing Modon Holding with a robust development pipeline of luxury residential units in the heart of Costa del Sol close to Marbella
  • The acquisition is a continuation of Modon Holding's international investment and expansion strategy and marks a significant milestone of its entry into Europe's luxury real estate market

ABU DHABI, UAE, Dec. 20, 2024 /PRNewswire/ -- Modon Holding P.S.C ("Modon Holding"), an Abu Dhabi based holding company, today announced that as a continuation of its international investment and expansion strategy, has completed the acquisition of 100% of La Zagaleta S.L ("La Zagaleta"), the owner of the exclusive La Zagaleta residential estate in Costa del Sol, Spain, marking a significant milestone for Modon Holding's entry into Europe's luxury real estate market.

Continue Reading
This image opens in the lightbox
Modon Holding completes the acquisition of La Zagaleta, one of the most exclusive and luxurious residential golf estates in Europe

La Zagaleta, located in the hills of Benahavís and 20 minutes from the historic city of Marbella, is an ultra-luxury gated residential development in the heart of Costa del Sol, providing an exclusive, safe and private lifestyle to its residents, with easy access to the breathtaking coastline, vibrant beach towns, and warm Mediterranean waters. The gated private estate comprises nearly 900 hectares of land in Benahavís, with more than 400 luxury villas and plots, two private and prestigious golf courses, two golf clubhouses offering fine dining, an equestrian centre, a private helipad, and sports amenities that offer a safe, private and exclusive lifestyle within close proximity to Marbella city. The estate also provides its residents access to extensive wildlife, green areas for hiking and unrivalled views of the Mediterranean, Gibraltar, the Andalusian mountains with the north coast of Morocco being clearly visible.

La Zagaleta owns approximately 2.7 million square metres of land area inside La Zagaleta resort, and this will provide Modon Holding with a robust development pipeline of luxury residential units in the heart of Costa del Sol, a hotel plot that will embed a hospitality offering to the estate, the overall management of the estate and the 300+ homes already built. The acquisition by Modon Holding will accelerate the remaining development of the estate while preserving its legacy, exclusivity and the natural habitat. In addition, the transaction includes La Zagaleta's planned Majarambuz development, historically known as Valderrama II within the Castellar Development Plan adjacent to Sotogrande, a 2.2 million square metre land bank (including protected green areas) that is in the process of being urbanised.

H.E. Jassem Mohammed Bu Ataba Al Zaabi, Chairman of Modon Holding, said: "The acquisition of La Zagaleta is an important milestone in Modon Holding's strategy to pursue international growth, supporting our vision to develop new possibilities for scaled luxury living. La Zagaleta ranks among the world's most prestigious and exclusive private communities and is a remarkable addition to the Modon Holding portfolio. This acquisition sets a benchmark for future expansion that is fully aligned with Modon Holding's ambition to consistently surpass expectations, and brings new potential and capability to our international real estate strategy."

Bill O'Regan, Group CEO of Modon Holding, added: "With an established reputation for outstanding design, diverse leisure and luxury amenities, and careful stewardship of the natural environment, La Zagaleta offers a location where luxury, privacy and security are absolutely assured. The potential to carry on the La Zagaleta's legacy, extend it across the Majarambuz development, historically known as Valderrama II masterplan, and the potential to expand the Zagaleta brand internationally, will be a key part of the Modon Holding strategy for this acquisition. We are proud to welcome La Zagaleta to our portfolio, as part of our strategic expansion into one of Europe's most desirable luxury real estate markets."

Ignacio Perez, Executive Chairman of La Zagaleta, said: "The success of La Zagaleta is built on an absolute commitment to quality in every aspect of the community, which we believe offers our residents an unrivalled luxury and safe living experience. The added scale that comes with Modon Holding's investment will allow La Zagaleta to realise the next phase of its vision, explore the full potential of La Zagaleta's brand and expertise, and we look forward to the journey ahead with great excitement."

To register interest in upcoming MODON properties, prospective investors can visit www.modon.com or call 800 MODON.

About Modon:

Modon develops vibrant communities, unique hospitality and lifestyle experiences, and world-class sports facilities. Based in Abu Dhabi with an international vision, Modon Holding is a Private Joint Stock company listed on the ADX Growth Market with ADQ and the IHC Group being our majority shareholders. Through a diversified business portfolio in the UAE, we are engaged in strategic investment and innovation on an unrivalled scale, shaping future smart living. Our goal is to deliver long-term, sustainable value, laying the foundations for intelligent, connected living.

For further information, please contact:

Ahmed Abu Shehab
Public Relations and Communications, Modon
Ahmed.abushehab@modon.com 

Rawad Khattar
Weber Shandwick
rkhattar@webershandwick.com 

Photo - https://mma.prnewswire.com/media/2586139/Modon_Holding_La_Zagaleta.jpg

Modal title

Also from this source

ADQ, IHC and Modon form new infrastructure platform 'Gridora' to accelerate the development of strategic projects

ADQ, IHC and Modon form new infrastructure platform 'Gridora' to accelerate the development of strategic projects

Leading Abu Dhabi-based global entities ADQ, IHC and Modon Holding have entered into a joint venture to form a dedicated infrastructure platform that ...

Modon Holding has entered into a definitive agreement with IHC and TasHeel Holding to acquire Arena Events Group

Modon Holding has entered into a definitive agreement with IHC and TasHeel Holding to acquire Arena Events Group

Modon Holding P.S.C ("Modon"), an Abu Dhabi-based holding company, today announced that it has entered into a definitive agreement with IHC and...

More Releases From This Source

Explore

Real Estate

Real Estate

Residential Real Estate

Residential Real Estate

General Sports

General Sports

Real Estate Transactions

Real Estate Transactions

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.