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New Royal Obidos course approved
October 11, 2011

The Portuguese Golf Federation approved and classified the Royal Óbidos Spa & Golf Resort golf course on the 28th of September. The course will open to the public on the 2 nd of January 2012. The clubhouse will open on the 1 st of November 2011 while the course will start operating as of that date on a soft opening basis.

The 18 hole course, designed by Seve Ballesteros, former  world   number one golfer and now world golf legend , occupies a total área of 65 hec (160 acres). Besides the course's layout, the panoramic views of the Óbidos lagoon. the Atlantic Ocean and the ideal year long golfing climate, are the highlights of the MSF Group's golf course. Once operational the Royal Óbidos golf course will create 38 job positions in maintenance, golf management and food & beverage.

The golf course is being marketed mainly to Portuguese and Northern European golfers, more specifically to Scandinavia, including Finland, and to Germany, Austria and Switzerland, Great Britain and Ireland and the Benelux countries. Spain and France are also considered preferential markets.

According to Eduardo Johnston da Silva, the Royal Óbidos Spa & Golf Resort golf director, agreements have been signed with about 500 international golf operators and national DMC's, to ensure that the priority markets are catered to.

Eduardo stresses that "as Royal Óbidos is a championship course we will be able to receive all kind of amateur and professional tournaments including any organized by the European Tour".

The strategy to promote Royal Óbidos Spa & Golf Resort has included joining the Lisbon Tourist Board (Associação de Turismo de Lisboa) , which has a department specially dedicated to the promotion of the Portuguese golf product, the Lisbon Golf Coast . IAGTO, the global trade organisation for the golf tourism industry, has awarded the Lisbon Golf Coast more than once with the prize of European Golf Destination of the Year.

About Royal Óbidos Spa & Golf Resort

Royal Óbidos Spa & Golf Resort, wholly owned by MSF TUR.IM and representing an investment of 200 million Euros includes a touristic and residential complex, as well as an 18 hole golf course, designed by Severiano Ballesteros.

Located in Portugal´s west region, only 45 minutes from Lisbon Airport , the Royal Obidos 336 acres site is perfectly situated; it boasts low density construction with the 630 touristic units offering spectacular views of the Lagoon of Obidos, the Atlantic Ocean and the golf course.

The development includes a five star hotel, with spa and conference rooms, which is linked to a complex of studios plus one bedroom lock-off apartments.

The unique hotel interiors are to be designed by Yoo Design Studio, a company co-founded in 1999 by Philippe Starck and John Hitchcox , which has been responsible for the design of some of the most innovative and design lead residential and hotel developments in the world. The lock-off units will feature interiors by Jade Jagger for yoo.

Classified as a PIN project (Project of National Interest) by the Portuguese Agency of Investment, this is considered an eco-friendly resort because of the use of construction materials recognized by their environmental standards.

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MSF TUR.IM is the MSF Group's holding company for the areas of Property and Leisure. During the next decade it will be carrying out an investment plan totaling approximately half a billion Euros within the national and international market.  MSF TUR.IM's reputation is founded on experience acquired by the MSF group in the real estate market.  With special note to Pateo Bagatella, in Lisbon & Marina de Lagos on the Algarve which are synonymous with exacting quality and design. The developments presently under construction are targeted at the residential tourism market. MSF TUR.IM is currently developing projects on the Algarve and Lisbon; on the west coast of Portugal and, internationally, in Cape Verde. Under different phases of development are the Marina de Lagos project, the A Fábrica - Marina Lofts & Apartments and  the Condomínio do Infante, both in Lagos; the Casas do Parque and the Natura Towers, in Lisbon; and the Royal Óbidos Spa & Golf Resort on the Silver Coast, west coast of Portugal.

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