BUSINESS: Ethos Asset Management Inc. Announces A Deal For A New Development In Koh Samui (Thailand) With Anamaya Samui, Villa And Resort Developer

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SAN DIEGO–(BUSINESS WIRE)–ETHOS ASSET MANAGEMENT INC USA, announced a new long-term financing partnership with Anamaya, a Thailand based villa and resort developer launching their prestigious, eco-friendly hotel estate with residences of the highest quality that will be recognised as the most desirable place to stay in Koh Samui. Misha Povstaniuk, a world-renowned architect at A-MDM, has completed the full concept and architectural drawings. She has won numerous international awards. All parties have signed land sale contracts. The development consists of 60 hotel rooms with amazing sunset sea views, 24 beach-side hotel rooms. There are a further 81 luxurious apartments and 12 beach-side pool suites and 17 villas that will go on sale.

Ethos and Anamaya have been working together closely in recent months structuring the overall investment with a significant capital infusion of $60 million USD, that will continue for several years.

Carlos Santos is the President and CEO of Ethos . He stated that “we are delighted to partner and support such a prestigious brand in Thailand for hotel and developer brands, led by passionate entrepreneurs, Andrew Walmsley and Anton Cornel Webb, as well as Michael Blonsky. We are honoured to be associated with an expert such as Andrew Walmsley, who has 13 years’ experience in Koh Samui, Thailand with 5 developments to date including the multiple award-winning villas at The Ridge and Oasis Samui. Andrew is the founder and owner IVL Property Co., Ltd., which is a prominent real estate agency in Koh Samui. He has great insight and connections in the market.

Anamaya is a great partner and we look forward to continuing our long-term relationship. I am extremely pleased with the growth and expansion of Ethos as well as our commitment to invest in luxury markets in Asia Pacific. This investment is especially special because it is our first in Thailand. It is our first investment in Thailand. I want to thank Mike Starvis, CEO, Prestige Commercial Holdings Ltd., and James Young COO, Prestige Commercial Holdings Ltd. for introducing Ethos. They are able to understand our vision of creating an exciting new concept of a self sustainable tropical haven in world-class luxury environments and have been very supportive.

Anton Cornel Webb, Anamaya Samui stated, “Having been involved from the beginning of Anamaya’s conception through some difficult times in international realty, I am delighted to have finally chosen Ethos as our financing partner for this project. We look forward to working with them in the future. Their interests are aligned. It’s an exciting time for Anamaya and our partners.

Anamaya Samui , stated, “With Ethos as our financing partner, and offering us complete funding for all construction costs, we can offer an amazing large-scale development without the usual risks associated with large-scale projects that rely on sales to finance ongoing development. This allows us to build the infrastructure, amenities, and villas and apartments more efficiently to allow buyers to move into a 5-star resort and not a construction site. From a global sales perspective, this eliminates much of the risk buyers typically face and this is a huge advantage for Anamaya Samui!”

Mike Starvis, CEO, Prestige Commercial Holdings Ltd., said, “Prestige is delighted to be able to facilitate the relationship between Anamaya Samui and Ethos. We are very proud of this achievement. We look forward working with both sides on expanding their projects and funding requirements.

Our working relationship with Ethos is excellent. They are helping us to build our pipeline of projects through our clients and our network.

About Ethos asset Management:

Ethos is an American-based independent company that specializes in project financing and resource mobilization.

For more information about Ethos Asset Management, please visit https://www.ethosasset.com/.

About Anamaya Samui:

“A private luxury villa and beach side resort development for investment and pleasure, with unrivalled amenities and a focus on both self-sustainability and a healthy community, managed by a world class hotel group.”

For more information about Anamaya Samui, please visit: https://www.anamayasamui.com

About Prestige Commercial Holdings Limited:

“Prestige Commercial Holdings Limited has a primary focus on advising on commercial project finance on behalf of clients, business associates and partners. Prestige is a well-respected network that has accumulated decades of experience in a variety of business sectors and geographic locations.

For more information about Prestige Commercial Holdings Limited, please visit: https://prestige-ch.com/

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