INTERNATIONAL developer and operator of luxury resorts Kerzner International Holdings Limited has announced the signing of the first One&Only resort and community of private homes to be developed in Fiji.
The landmark development is a testament to Fiji’s growing appeal to international investors, and was enabled through a strategic partnership between Kerzner and BSP Life Fiji – a life and health insurer and a prominent institutional investor in Fiji.
Together, the partnership combines Kerzner’s global expertise in world-class destination development with the BSP Group’s deep commitment to supporting economic growth throughout the South Pacific.
Kerzner chief executive officer Philippe Zuber said Fiji had long been a coveted addition to their global portfolio, “and we’re thrilled to introduce this remarkable location to One&Only’s discerning guests”.
“Unlocking this destination aligns perfectly with our strategic growth in the Asia-Pacific region and reinforces our distinctive approach, continually elevating our commitment to delivering exceptional experiences, all while showcasing the warmth and hospitality of the Fijian spirit on a global stage,” Mr Zuber said.
Juan Aguilar, the president of Real Estate at Kerzner, said they were thrilled to partner with BSP Life on this project, guided by shared principles of respectful development and a deep commitment to preserving Fiji’s ancestral legacy.
“Inspired by the spirit of Fiji, the design, character and experiences of the resort and private homes will be infused with the soul of the islands,” Mr Aguilar said.
BSP Life Fiji managing director Michael Nacola emphasised the significance of the partnership saying this was another pivotal moment in their growth journey.
“Our investment portfolio has evolved significantly in the last decade, driven by disciplined, strategic partnerships, and partnering with Kerzner on this exciting venture ushers in a new era of collaboration between a renowned global hospitality brand and a leading South Pacific institution,” Mr Nacola said in a statement from the company.
“The benefits from this catalytic investment including job creation, skills development and growth in the tourism industry underscores our commitment to championing prosperity for the South Pacific.
“Kerzner’s arrival also elevates Fiji’s posture as a prime investment destination on the global stage.
“We thank them for choosing to invest in Fiji, and partner with BSP Life, and look forward to a rewarding partnership,” Mr Nacola said.
According to the company, the architectural design of the resort will integrate seamlessly with its natural surroundings, prioritising ecological sensitivity and minimising environmental impact throughout its development.
The resort will embody the essence of traditional Fijian craftmanship converged in perfect harmony with contemporary aesthetics through timeless design, breathtaking vistas and al fresco living, it stated.
One&Only’s immersive and exceptional one-off experiences will further unlock the destination to the rhythm of the idyllic Fijian life, it added.
The statement from Kerzner said One&Only’s arrival brought a new tier of luxury to the Pacific, further strengthening Fiji’s position as a destination for high-value travellers.
Located in the Yasawa Islands, the resort is slated to open in 2029 with private rooms going on sale in November later this year.
The resort will be situated on the shores of a stunning beach on Nacula Island.
The 127-acre site orchestrates the most beautiful sunsets framed by lush tropical flora, pristine white-sand beaches and crystal-clear turquoise waters.
A secluded island sanctuary, the resort will offer a blend of unparalleled natural beauty and vibrant culture paired with One&Only’s renowned ultra-luxury hospitality.
The property will include 40 guest rooms, suites and villas, six exceptional culinary experiences, and the brand’s Club One wellness centre.
In addition, the resort will introduce a community of One&Only Private Homes in Fiji.
An exclusive collection of 20 residences will combine the elevated comforts of home with the brand’s unrivalled amenities and service.
The upcoming project in Fiji joins several highly-anticipated openings for One&Only, including One&Only Moonlight Basin in Big Sky, Montana, United States – opening November 2025, along with resorts and Private Homes in Half Moon Bay (Antigua) and Hudson Valley, New York (USA).
Kerzner and BSP Life also acknowledged the traditional landowners of Nacula in Yasawa and the Government for their trust and cooperation.
One&Only is an exceptional collection of one-of-a-kind resorts and private homes located in the world’s most inspiring destinations. Designed in harmony with nature and immersed in local culture, each remarkable resort has its own distinct narrative and charisma.
The exclusive collection includes destinations across the world, from Greece and Mexico to Mauritius and Rwanda, with future resorts in Big Sky, Montana (USA), Hudson Valley, New York (USA) and Half Moon Bay (Antigua).
One&Only Private Homes are currently available to purchase in Mauritius, Mexico, Montenegro, USA, Greece, and Dubai (UAE).
Kerzner International Holdings Limited, through its subsidiaries, is a leading international developer and operator of destination resorts, ultra-luxury hotels and residences and innovative entertainment and hospitality experiences.
Kerzner’s flagship brand Atlantis includes Atlantis, The Palm and Atlantis, The Royal Resort & Residences, both in Dubai, as well as Atlantis, Sanya in China.
Under the One&Only brand, Kerzner manages some of the most top-rated ultraluxury resorts in the world, located in Greece, Montenegro, Mexico, Mauritius, the Maldives, South Africa, Dubai, Rwanda and the USA.
Kerzner’s disruptive hospitality brand, SIRO, was created to meet the needs of modern travellers who prioritise health and wellbeing. SIRO is currently open in Montenegro and Dubai, with new destinations set to launch in Riyadh, Los Cabos and Tokyo, expanding its global footprint and commitment to wellness-focused hospitality.
BSP Life Fiji – a wholly owned subsidiary of the BSP Financial Group, is the largest financial institution in the South Pacific, operating across Papua New Guinea, Fiji, Solomon Islands, Samoa, Tonga, Vanuatu, and the Cook Islands.
In Fiji, BSP Life’s investment portfolio has grown from $350million to over $1.2billion, directly supporting the nation’s development across key sectors including tourism, property, healthcare, and manufacturing.
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Note: This article was first published under the headline: Landmark project – International operator partners with institutional investor to develop resort and private homes in Fiji in Page 13 of the print version of The Fiji Times dated Tuesday, September 09, 2025
