The company was founded to finance the Sun Beach Hotel Resort Project and is part of the PRESTON Capital group. After the construction of this project is completed, it will participate in other real estate projects in the PRESTON group.
We offer you investments in bonds with an interest rate of 8% p.a. issued by the company PRESTON Development, s.r.o. In the first round, the company issues bonds in the total volume of 25 000 000 CZK, with which it finances the construction of 250 apartments on the artificial island of Al Marjan. This island is located in the most tourist-attractive emirate of Ras Al Khaimah. The subsequent operation of the resort will be ensured by a prestigious EARTH Hotel chain, which will operate the rentals to tourists.
Documents to download
(available only in czech)
PRESTON Development Issuance Terms
Emisní podmínky PRESTON Development
PRESTON Development Contract on Bonds Subscription
Smlouva o úpisu dluhopisů PRESTON Development 8-24
PRESTON Development Bond Sample
Dluhopis_vzorový_PRESTON Development 8-24
Notice of LEI code assignment
Oznámení o přidělení LEI
Ras Al Khaimah Destination
Destinace Ras Al Khaimah
Hotel Management Overview in Ras Al Khaimah
Přehled hotelnictví v destinaci Ras Al Khaimah
Project documenation - per personal request
Promotional message of the issuer PRESTON Development s.r.o.