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ROI to develop world's 1st hotel, residential property under Swarovski brand

ROI Land Investments Ltd. is set to develop the world's first luxury hotel and residential property under the Swarovski brand.

The company struck a deal Dec. 21 with SWAROVSKI BRAND LICENSE AG, providing it with an exclusive license to design and to develop the Swarovski Towers building in the Dubai territory.

ROI Land said in a filing that it is in talks with project partners to achieve its plans to launch the project in 2018.