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Abu Dhabi, UAE—Nov. 25
Abu Dhabi-based Modon Holding P.S.C (Modon) introduced a strategic funding in Wellington Lifestyle Partners (WLP), becoming a member of a consortium of current traders within the firm.
Modon’s funding will assist the long-term improvement of Wellington International equestrian showgrounds and ship a landmark ultra-luxury actual property improvement that includes high-end residences, a boutique lodge, a industrial market and a championship golf course positioned in Wellington, Florida. This funding marks Modon’s first direct funding in an equestrian-led improvement within the United States, complementing its current world portfolio, and reinforcing its technique to associate with main worldwide organizations in increasing its presence throughout ultra-luxury vacation spot developments. The partnership additional strengthens Modon’s place as a globally acknowledged investor in large-scale, high-value actual property and way of life tasks.
Through the funding, Modon joins WLP’s group of current traders and operators to advance a multi-asset portfolio of way of life and sports activities locations. The portfolio contains the world-renowned Wellington International showgrounds; The Wanderers Club, a personal family-oriented nation membership providing golf, tennis, swimming, and eating; The Wellington, a brand new personal residential membership neighborhood comprising 253 best-in-class residences set to open in 2028 and that includes a championship-level golf course designed by David McLay Kidd; and a deliberate way of life market that includes a luxurious boutique lodge, residences, retailers, places of work, and eating places. Together, these property type a long-term masterplan to strengthen Wellington’s place as the worldwide residence of equestrian sport and luxurious dwelling.
The funding additionally features a strategic license settlement enabling Modon to make use of Wellington International’s model and mental property throughout a number of key strategic markets to assist the event of future way of life and neighborhood locations. As a part of the settlement, Modon may also turn out to be a premier sponsor of the Winter Equestrian Festival (WEF) and Adequan Global Dressage Festival (AGDF)—the world’s largest and longest-running hunter/jumper and dressage competitions, attracting over 250,000 spectators and exhibitors annually.
“This strategic investment reflects Modon’s ambition to invest alongside world-class partners that share our vision for excellence in destination development,” stated his excellency Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Modon Holding. “Wellington Lifestyle Partners represents a unique collaboration that brings together expertise in real estate, equestrian, hospitality, and sports-led communities. By extending our reach to the United States, we are furthering Modon’s role in delivering sustainable destinations that embody quality, innovation and cultural connection.”
Bill O’Regan, group chief government officer of Modon Holding, added: “Our partnership with Wellington Lifestyle Partners aligns with Modon’s strategy to develop integrated lifestyle destinations that combine community, sport and hospitality. Wellington International is recognized globally for its equestrian excellence, and this collaboration provides a valuable opportunity to exchange expertise in operations, master planning and design. It complements our portfolio across Hudayriyat Island, Ras El Hekma, and La Zagaleta, reinforcing Modon’s commitment to delivering transformative, world-class destinations.”
Mark Bellissimo, founding father of Wellington Lifestyle Partners, stated: “The addition of Modon Holding to Wellington Lifestyle Partners brings together an exceptional blend of expertise. With Modon’s world-class destination development experience, Doug McMahon and NEXUS’ leadership in luxury community development, and equestrian Murray Kessler as CEO of Wellington International, we are uniquely positioned to accelerate our vision to set a new standard of quality for an equestrian lifestyle destination here in Wellington.”
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