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News release

BORA BORA, French Polynesia

French Polynesia’s thriving lodging market spurs luxury resort sale

JLL arranges sale of Four Seasons Resort Bora Bora

​​JLL today announced it has arranged the sale of Four Seasons Resort Bora Bora in French Polynesia. Developer Thierry Barbion and Alatau Hospitality, an investment fund of Lancaster Group Kazakhstan led by Kassym Abzhanov, sold the resort to a private equity hospitality fund led by Gaw Capital. ​

Four Seasons Bora Bora opened in 2008 and is famous for its overwater bungalows, stunning water and mountain views and award-winning Four Seasons service. The hotel was recently named the top hotel, top luxury hotel and top service in French Polynesia in TripAdvisor's Travelers' Choice Awards. It also earned distinction as the Best Luxury Beach Hotel Worldwide by Luxury Travel Advisor. The property features 107 oversized and ultra-luxury accommodations, multiple dining venues, an award winning spa, retail and over 15 acres of land, which is entitled and designed for additional development of Four Seasons Residences and guest accommodations.

The Los Angeles and Paris offices of JLL handled the transaction led by International Director, John Strauss.

"Bora Bora benefits from its ultra-luxury resort offering and world-class beaches, which appeals to high-net-worth guests and executive group demand from around the world," said Strauss. "The French Polynesia lodging market has experienced impressive hotel occupancy and rate increases since 2009 and continues to attract investor interest given the exclusivity and uniqueness of the destination."

The Los Angeles transaction team involved included John Strauss and Tony Muscio while the Paris transaction team was led by Yves Marchal. JLL's Hotels & Hospitality Group has completed more transactions than any other hotels and hospitality real estate advisor over the last five years, totalling more than $77.5 billion worldwide. Between negotiating property deals, the group's 350-person global team also closed more than 5,300 advisory, valuation and asset management assignments. To find out more visit:


About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At the end of the first quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 78,000. As of March 31, 2017, LaSalle Investment Management has $58.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit

About Thierry  Barbion  Group

The Thierry Barbion Group is a private development firm that was established in 1995 to exclusively develop and manage hotel, residential and office investments and construction projects in French Polynesia. The firm made investments in real estate and hospitality projects valued in excess of €500 million and utilizes a multidisciplinary investment and managerial strategy focused on maximizing long-term capital appreciation.

The Thierry Barbion Group has become one of the most prominent development/investments groups in the region. The Thierry Barbion Group had hotel ownership in the Four Seasons Bora Bora, Tahiti Pearl Beach and Residences, Bora Bora Pearl Beach Resort, Le Tahaa Private Island, Tikeau Pearl Beach Resort Tuamotu Island, Residential projects include 900 apartment units and 700 home sites on Tahiti Island as well as construction of six office buildings in Papeete. The Thierry Barbion Group operates from the firm's offices in Papeete, Tahiti.