YOO ARUBA Announces Certified Completion of Phase 2 Foundation Works and December 1 Price Adjustment

Aruba, Aruba Sep 26, 2026 (Issuewire.com) - YOO ARUBA today announced the certified completion of Phase 2 -- Foundation Works, an important construction milestone in the development of the project. The company also confirmed that a revised price schedule will take effect on December 1, 2026, providing prospective purchasers the opportunity to secure current pricing through November 30, 2026, subject to availability and the applicable purchase documentation.

The completion of Phase 2 has been certified by Donato Mesce, Architect, CIV No. 39617. The architect's certification, dated August 14, 2026, confirms that the foundation works within the Phase 2 scope had been fully completed as of that date.Construction activity commenced with excavations on May 28, 2026, followed by the start of foundation works on June 24, 2026.

The completed foundation package establishes the base for the next planned construction stages of YOO ARUBA.In parallel with this construction milestone, YOO ARUBA will implement a price adjustment effective December 1, 2026.

The timing reflects the project's continued advancement and anticipated seasonal market conditions. Interested purchasers may access the current price schedule until November 30, 2026, subject to availability and the terms of the applicable transaction documents."Phase 2 completion represents a meaningful point of progress for YOO ARUBA," said the YOO ARUBA development team. "With the foundation works certified complete, the project is positioned to proceed into its next construction stages while the current pricing remains available for a limited period."

About YOO ARUBA

YOO ARUBA is a collection of 26 luxury branded residences in Aruba, designed by YOO Studio and developed by Mi Tesoro Group. The project brings together thoughtful design and a refined Caribbean lifestyle, with resort-style amenities curated around wellbeing, privacy, connection, and effortless everyday living. Amenities include a rooftop pool with panoramic island views, a state-of- the-art gym, cold plunge pool, luxury sauna, private massage room, Lobby Bar, and 24-hour concierge service.Learn more at www.yooaruba.com.

About Mastermind Hospitality Group LLC

Mastermind Hospitality Group LLC is a hospitality consulting and development firm with operations across Europe, Latin America, and the Caribbean. The company specializes in hotel concept development, F&B strategy, branded residence development, and hospitality education partnerships. Current projects include YOO ARUBA and the SHL Aruba Campus, in partnership with SHL Schweizerische Hotelfachschule Luzern. Learn more at www.masterhsp.com.

About Mi Tesoro Group

Based in Aruba, Mi Tesoro Group is a collective of local investors focused on driving economic growth in Aruba through strategic investments in real estate, hospitality, and food and beverage ventures.

About YOO

YOO is a globally recognized design and lifestyle brand that licenses the use of the "YOO" mark for luxury residential developments worldwide. Headquartered in London, YOO has established a portfolio of developments across multiple continents known for sophisticated design and elevated lifestyle experiences.

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