Magic Life Founders Launch the O Property Collection

The founders of Europe-based Magic Life Group launched a new luxury hotel and residential development model, called the O Property Collection (OPC). Based in Vienna, OPC will focus on high-end service and design in exotic locations, such as the Caribbean, Mediterranean and Asia. The firm's flagship project is Dellis Cay, a private island in the Turks and Caicos, slated to open in 2008. The company also signed an agreement to manage and renovate Kayakap in Turkey's Cappadocia region with plans to add a mixed-use luxury project that will feature a boutique hotel and villas, restaurants, shops and museums. The Magic Group is known for its all-inclusive club, having owned and managed properties in Turkey, Greece, Tunisia, Spain, Egypt and Bulgaria.

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