6-K 1 kzl6k_realestateacquisition.htm KERZNER TO ACQUIRE ADDITIONAL REAL ESTATE ON PARADISE ISLAND Kerzner to Acquire Additional Real Estate on Paradise Island

 
FORM 6-K
 
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
 
REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 or
15d-16 under the securities exchange act of 1934
 
For the month of June 2005
 
KERZNER INTERNATIONAL LIMITED
(Translation of registrant's name into English)
 
Coral Towers, Paradise Island, The Bahamas
(address of principal executive offices)
 
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
 
Form 20-F        X                                Form 40-F            
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1):__________
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7):__________
 
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes                                          No      X      
 
If “yes” is marked, indicate below this file number assigned to
the registrant in connection with Rule 12g-3-2(b): ___________
 
This Current Report on Form 6-K is incorporated by reference into
(i) the Registration Statement on Form F-3/A filed on August 23, 2004, File No. 333-117110,
(ii) the Registration Statement on Form F-3 filed on May 23, 2002, File No. 333-88854,
(iii) Form S-8 filed on October 11, 2002, File No. 333-100522,
(iv) Form S-8 filed on December 7, 2000, File No. 333-51446, and
(v) Form S-8 filed on December 17, 1996, File No. 333-1540.
 
 
 
Kerzner International Limited 6K
 
Kerzner to Acquire Additional Real Estate on Paradise Island
 
Kerzner International Limited (NYSE: KZL) (the “Company”), a leading international developer and operator of destination resorts, casinos and luxury hotels, today announced that it has entered into an agreement to acquire Hurricane Hole Marina and associated assets on Paradise Island for approximately $23 million. In addition to the 63-slip marina, the acquired property would include seven condominium units and approximately eleven acres of surrounding land, which includes seven of developable land located on the Nassau Harbor.

Butch Kerzner, Chief Executive Officer of the Company, commented, “The Hurricane Hole assets are a natural choice for us and are complimentary to Atlantis, Paradise Island. These assets are centrally located on Paradise Island and in close proximity to the Marina at Atlantis and the soon-to-be opened Marina Village. As part of this transaction, we are also acquiring land for future expansion opportunities as we continue to build this flagship destination.”

The transaction is subject to closing conditions, including relevant Governmental approvals. The transaction is expected to close in the third quarter.
 
This Form 6-K contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties which are described in the Company’s public filings with the U.S. Securities and Exchange Commission.
 
SIGNATURES
 

 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
Date:
June 16, 2005
 
KERZNER INTERNATIONAL LIMITED
 
 
 
 
 
 
 
 
 
 
 
By:
/s/John R. Allison
 
 
 
 
Name:
John R. Allison
 
 
 
 
Title:
Executive Vice President
 
 
 
 
 
Chief Financial Officer