Dolphin Capital Investors
Industry | Property |
---|---|
Founded | 2005 |
Headquarters | Tortola, British Virgin Islands |
Key people |
Miltos Kambourides, Founder Pierre Charalambides, Co-Founder |
Products | Property Development, Property Investment |
Website | www.dolphinci.com |
Dolphin Capital Investors (LSE: DCI) is a real estate investment company focusing on the residential resort sector in emerging markets, and listed on the Alternative Investment Market (AIM) of the London Stock Exchange. It is one of the largest real estate investment companies listed on AIM in terms of net assets value (NAV), with a NAV of €713 million as at 31 March 2012.
History
Dolphin Capital Investors was founded in 2005 by Miltos Kambourides and Pierre Charalambides, and was admitted to trading on AIM on 8 December of that year.[1]
In 2007, the company acquired Aristo Developers,[2] the largest holiday home developer in Cyprus. Since its admission to AIM, the company has raised €900 million of equity capital.
Operations
The company has a total portfolio of over 63 million square metres of land and 59 km of seafront, comprising 14 large-scale resorts under development[3] in Greece, Cyprus, Croatia, Turkey, Dominican Republic and Panama, and more than 60 smaller holiday home developments in Cyprus and Greece. Partners include Nikki Hotels.[4] The company opened its first resort, Amanzoe, in Porto Heli area of the Peloponnese, on August 1, 2012.[5]
References
- ↑ Pickard, Jim (2005-11-26). "Dolphin set for a €105m splash on AIM, Financial Times, 26 November 2005". Ft.com. Retrieved 2012-01-09.
- ↑ Pickard, Jim (2007-04-05). "Dolphin buys control of Cyprus developer, Financial Times, 5 April 2007". Ft.com. Retrieved 2012-01-09.
- ↑ "Company Reports". Dolphinci.com. Retrieved 2012-01-09.
- ↑ Robin Marriott (2008-11-03). "Dolphin signs up partner for 5-star Cyprus resort, Private Equity Real Estate News, 3 November 2008". Perenews.com. Retrieved 2012-01-09.
- ↑ Wrathall, Claire (2012-09-14). "Greece resorts to luxury, Financial Times, 14 September 2012". Ft.com. Retrieved 2012-09-20.
External links
- Dolphin Capital Investors official website
- London Stock Exchange page
- Give us your shares and we’ll give you a holiday home in Cyprus, says Dolphin, Daily Telegraph article, 7 July 2009