Abu Dhabi's Modon Holding Enters US Equestrian Market With Wellington Lifestyle Partners Investment

Modon Holding, based in Abu Dhabi, has announced a significant investment in Wellington Lifestyle Partners (WLP). This move aligns Modon with existing stakeholders in WLP, aiming to boost the long-term growth of Wellington International equestrian showgrounds.

The investment by Modon marks its first direct venture into equestrian-led development in the US. It complements Modon's global portfolio, reinforcing its strategy of partnering with leading international organisations. The goal is to expand its footprint in ultra-luxury destination developments. This partnership further solidifies Modon's status as a globally recognised investor in large-scale, high-value real estate and lifestyle projects.

Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Modon Holding, stated: "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, the Group CEO of Modon Holding, commented: "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."

As part of the agreement, Modon will have a strategic licence to use Wellington International's brand and intellectual property. This will support the development of future lifestyle and community destinations across several strategic markets. Additionally, Modon will become a premier sponsor of prominent equestrian events, such as the Winter Equestrian Festival and Adequan® Global Dressage Festival, attracting over 250,000 attendees each year.

The collaboration includes a multi-asset lifestyle and sports destination portfolio. This comprises the Wellington International showgrounds, The Wanderers Club, and The Wellington residential community. The residential club, set to open in 2028, will feature 253 luxury residences and a championship golf course designed by David McLay Kidd. Plans for a lifestyle Marketplace, including a luxury boutique hotel and various amenities, are also underway.

Mark Bellissimo, Founder of Wellington Lifestyle Partners, expressed: "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 partnership, Modon will collaborate with WLP's existing investors and operators. They aim to advance a diverse portfolio of lifestyle and sports destinations. The masterplan aims to cement Wellington's status as the global epicentre of equestrian sports and luxury living. This partnership is expected to bring economic benefits and enhance the community's cultural richness.