Modon Holding announces strategic investment in WLP
Through this investment, Modon joins WLP’s existing investor and operator group to expand its multi-asset portfolio of lifestyle and sports destinations
Abu Dhabi-based Modon Holding (Modon) has made a strategic investment in Wellington Lifestyle Partners (WLP), joining a group of existing investors in the company. Modon’s investment will contribute to the long-term development of Wellington International equestrian showgrounds. The project will also lead to the creation of a landmark ultra-luxury real estate development in Wellington, Florida. This development will feature high-end residences, a boutique hotel, a commercial marketplace, and a championship golf course.
The investment marks Modon’s first direct investment in an equestrian-led development in the United States. It complements Modon’s existing global portfolio and reinforces its strategy to partner with international organisations to expand its presence in ultra-luxury destination developments. This partnership also further solidifies Modon’s reputation as a globally recognised investor in large-scale, high-value real estate and lifestyle projects, said a statement.
Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Modon Holding said, “This strategic investment reflects Modon’s ambition to invest alongside world-class partners that share our vision for excellence in destination development. 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 Executive 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 recognised 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, Founder of Wellington Lifestyle Partners said, “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.”
Through this investment, Modon joins WLP’s existing investor and operator group to expand its multi-asset portfolio of lifestyle and sports destinations. The portfolio includes the Wellington International showgrounds and The Wanderers Club, a private family-oriented country club offering golf, tennis, swimming, and dining.
Wellington, a new private residential club community, is set to open in 2028 and will feature 253 residences. The community will also include a championship-level golf course designed by David McLay Kidd and a planned lifestyle marketplace with a luxury boutique hotel, residences, shops, offices, and restaurants. Together, these assets form a long-term masterplan to strengthen Wellington’s position as the global hub for equestrian sports and luxury living.
The investment also includes a strategic license agreement that allows Modon to use Wellington International’s brand and intellectual property across several key strategic markets. This agreement will support the development of future lifestyle and community destinations, the firm explained.
As part of the agreement, Modon will become a premier sponsor of the Winter Equestrian Festival and Adequan Global Dressage Festival (AGDF), the world’s largest and longest-running hunter/jumper and dressage competitions.
