The event marked a milestone achievement with relevant stakeholders.
It also marked a new reality in the lives of the people of Sanasana Village, which is where the InterContinental Resort is located.
Sanasana Village Landowners' representative and consultant Moape Nagata said the landowners were thankful for the efforts of the Prime Minister Commodore Voreqe Bainimarama and the Government in understanding the grassroots people and landowner issues of the past.
He said the constructive approach was now bringing about changes to a new reality.
Mr Nagata said they were also thankful to FNPF chief executive Aisake Taito for the fund's support and understanding for Sanasana landowners in bringing about a new partnership in a cordial and mutual way.
FNPF is the developer and financier of the InterContinental Hotel.
"We like to thank the Fijian Affairs Board for their understanding in the indigenous peoples' grievances and support for progress to a new height of success," Mr Nagata said.
"This is an important event that marks a new relationship in business endeavours from ten years of chaos to one year of success."
Assistant consultant for Sanasana landowners Usala Draunimasi said it was a celebration of the relationship that the landowners had with the Government and the Fiji National Provident Fund.
"For ten years the landowners of Sanasana Village had difficulties with regards to ownersship issues of land and now they have finally received compensation for the land they own," he said.