Aim

As a listed real estate company, the Company intends to offer to private as well as institutional investors a first-rate investment in Grenada real estate with an attractive risk-return profile. The focus of all entrepreneurial activities of the management is on promoting profitability and achieving a sustained increase in the enterprise value.
 

Strategy

The strategy pursued by the Company is based on active real estate portfolio management. Since the Company does not undertake developments itself, it depends on a good cooperation with developers such as Zublin Grenada Limited, and on a good selection of and an active management of the properties in its portfolio.

The Company has a buy-and–hold strategy. Properties are bought, valued and held or, depending on the investment objective, sold. The Company pursues to build up a diversified real estate portfolio. For example, the acquisition by merger of the Dr. Jan Bosch Building has been made in order to mitigate the risk of the dependency on the cruise industry.

The Company actively manages - with its own team of dedicated professionals - the real estate portfolio to ensure that a sustained added value is being provided. All other services, which are not part of the core business of the Company, such as security, janitorial services, maintenance, etc. are outsourced to local providers.

The real estate investments of the company are restricted to Grenada for the moment and mainly, but not limited to St. George’s. Over the medium term, the Company aims to grow and to achieve an annual yield of 8% to 10% on its properties.

The listing of the shares of the Company at the Eastern Caribbean Securities Exchange is part of the growth-strategy and will provide the Company with access to the capital markets in order to raise additional funds for future investments.