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Resort Group Invests 180 Million Euros in Cape Verde Sites

April 29 (Bloomberg) -- The Resort Group Plc, a closely held real-estate company based in Gibraltar, invested about 180 million euros ($267 million) to build three resorts on the Atlantic ocean archipelago of Cape Verde.

The first of the resorts, Tortuga, will open May 10, the second in 2013 and the third two years later, Resort Group spokeswoman Lisa Kellett said in an e-mailed statement late yesterday.

To contact the reporter on this story: Brian Latham in Durban at blatham@bloomberg.net.

To contact the editor responsible for this story: Antony Sguazzin in Johannesburg at asguazzin@bloomberg.net.

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