Who owns Paradise Island Nassau?

South African resort developer Sol Kerzner bought the Resorts International property from Merv Griffin in 1994 and transformed the land into Atlantis, which has been one of The Bahamas' major success stories and employers for many years. Paradise Island continues to evolve with many celebrities calling it home.



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The resort welcomed our new owners Brookfield Asset Management Inc., a recognized global conglomerate, to The Bahamas.

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Brookfield took over Atlantis in late 2011 when its previous owner Kerzner International transferred ownership in a debt-for-equity restructuring deal. Brookfield at that time exchanged $175 million worth of Kerzner International's debt in return. Brookfield Asset Management declined to comment.

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It's really not a vast difference -- New Providence is the main island, on which Nassau is located, while Paradise Island is a smaller island off the coast of New Providence and connected by 2 bridges. So we're talking the same neighbourhoods in terms of proximity.

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The Falkland Islands in the South Atlantic feature a number of private islands, typically run as sheep raising family farms and tourist destinations. Prominent among these is Weddell Island, one of the largest private islands in the world, with a surface area of 265.8 km2 (102.6 sq mi).

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It is best known for the sprawling resort Atlantis with its extensive water park rides, pools, beach, restaurants, walk-in aquarium and casinos.

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Visiting Atlantis Paradise Island comes with an average cost that can vary dramatically depending on your choice of accommodations, travel dates, activities, and other included services. As we mentioned above, for a couple, the cost usually lies between $525 to $825 per day or approximately $4,725 per week.

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