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Nassau Palm's new owners in $8 million upgrades

from Tribune242

A private equity group plans to invest $8 million in upgrading the Nassau Palm Resort after completing the downtown Nassau property's acquisition. Sunset Equities, a consortium of Caribbean and international investors, pledged in a statement that it would hire Bahamian contractors, and local labour, to work on renovations that are set to start in three months and be complete by November 2014. more

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