Brazilian real‑estate and hospitality group JHSF has agreed to acquire the Enjoy Punta del Este resort in Uruguay for $160 million, taking full control of one of the country’s most prominent casino‑hotel complexes.
The deal, executed through the Uruguayan‑focused vehicle JHSF Península, signals a major expansion of the Brazilian conglomerate into Uruguay’s premium tourism and gaming sector.
Enjoy S.A., the Chilean casino operator, is selling 100% of Baluma S.A., the Uruguayan entity that owns and operates the Enjoy Punta del Este complex. The transaction was formalized via a stock‑purchase agreement signed on April 10, 2026, and still requires approval from Uruguay’s antitrust authority.
The $160 million price is notably below the roughly $300 million Enjoy invested in the property since first entering the Uruguayan market in 2013.
