- Modon joins a consortium of investors to enhance the Wellington International equestrian venue and create an ultra-luxury destination combining residential, hospitality and sporting components in Wellington, Palm Beach County, Florida
- The move expands Modon’s global presence and facilitates knowledge exchange across major mixed-use, hospitality and lifestyle-led developments
Abu Dhabi-based Modon Holding P.S.C (“Modon”) has revealed a strategic investment in Wellington Lifestyle Partners (“WLP”), entering a consortium of existing shareholders in the business.
This new investment will fuel the long-term transformation of the Wellington International equestrian showgrounds and support the creation of an ultra-luxury real estate destination featuring premium homes, a boutique hotel, a commercial hub and a championship golf course in Wellington, Florida – a leading global centre for equestrian sport. It represents Modon’s first direct investment in an equestrian-focused development in the United States, adding to its international portfolio and advancing its strategy of aligning with distinguished global partners in the ultra-luxury destination sector. The partnership consolidates Modon’s reputation as a world-class investor in large-scale, high-value real estate and lifestyle ventures.
By joining WLP’s current group of investors and operating partners, Modon will help advance a multi-faceted collection of lifestyle and sport-driven assets. These include the acclaimed Wellington International showgrounds; The Wanderers Club, a private family club offering golf, tennis, swimming and dining; The Wellington, a private residential community of 253 elite homes set to open in 2028 with a championship golf course designed by David McLay Kidd; and a forthcoming lifestyle Marketplace comprising a luxury boutique hotel, residences, retail, offices and dining. Together, these elements form a long-term masterplan designed to elevate Wellington’s standing as the global capital of equestrian sport and luxury living.
The investment includes a strategic licence agreement that allows Modon to utilise the Wellington International brand and intellectual property in select markets to support the development of future lifestyle and community projects. Modon will also become a premier sponsor of the Winter Equestrian Festival and the Adequan® Global Dressage Festival (AGDF) – the largest and longest-running hunter/jumper and dressage events in the world, which attract more than 250,000 spectators and competitors annually.
His Excellency 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.”