Kerzner International has entered into an agreement with a private equity fund BK Partners to develop and operate two new One&Only resorts on the Pacific Coast of Mexico.

BK Partners is an equity fund that is focused on tourism and land development.

The two resorts will be developed in Mexico, which also hosts the existing One&Only Palmilla in Los Cabos. One&Only Mandarina will be located in Riviera Nayarit and will offer 145 villas in addition to private residential estates. This beachfront rainforest resort will offer an adult pool, family pool, private cabanas, poolside cafe and lounge, as well as a number of restaurants.

There will also be a One&Only spa and fitness centre onsite.

The second resort to be added to the Kerzner portfolio is the One&Only Santa Maria de Xala, which will be part of a 1,200-hectare (2,965-acre) development that will have eight kilometres of beachfront, 75 villas and suites with private pools and a One&Only residential complex. There will be a One&Only spa and fitness centre at this property too.