Caroli Group

Caroli Group

Company type	Private
Industry	Real estate development, communication, media
Founder	Antonio Caroli
Headquarters	27, Boulevard d’Italie, Monaco
Number of locations	Monaco, France
Website	caroli-realestate.com

The Caroli Group is a Monegasque company founded in 1978 in Monte Carlo, which has diversified since. It encompasses real estate development, communication and media.[1]

History

The real estate company was founded by the engineer Antonio Caroli in 1978.[2]

Real estate development

Since its founding in the 1970s, the company has built several residential buildings and luxury hotels in Monaco:

• Le Mirabeau.,[2] 1973
• Hôtel Loews, now known as the Fairmont Monte Carlo.,[2] 1975
• La Réserve de Beaulieu & Spa in Beaulieu-sur-Mer, just outside Monaco.[2]
• Monte Carlo Palace, 1988.[2]
• Soleil d'Or
• Terrasses du Port

In 2015, the Caroli Group expanded the Antoine 1er dock by developing more buildings for 52 apartments and two museums for Euro 300 million.[3]

Communication

Its events and communications subsidiary Promocom was founded in 1988.[4] It is chaired by Francesco Caroli, Antonio Caroli's son, who serves as the Chairman of Sycom (syndicat patronal monégasque des professionnels de la communication).[4]

It includes advertising, Sécurité Privée Monaco (private security), digital advertising, and event planning.[4]

Media

It publishes L'Observateur de Monaco, a monthly magazine, and Monaco Hebdo, a weekly newspaper.[2]

References

1. Chambre Immobilière Monégasque: Real Estate Caroli Group
2. "Caroli Real Estate - Votre Agence Immobilière à Monaco Monte Carlo". www.caroli-realestate.com. Retrieved 2022-07-24.
3. Madeleine Adey, Principality to welcome two new museums Archived 2015-05-23 at the Wayback Machine, The Monaco Times, 20 May 2015
4. Sabrina Bonarrigo, Communication?: « La concurrence est de plus en plus rude », Monaco Hebdo, August 5, 2011