Dolphin Capital Investors

Dolphin Capital Investors Ltd
AIM: DCI
IndustryProperty
Founded2005
HeadquartersTortola, British Virgin Islands
Key people
Miltos Kambourides, Founder
Pierre Charalambides, Co-Founder
ProductsProperty Development, Property Investment
Websitewww.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 36 million square metres of land and 48 km of seafront, comprising 12 large-scale resorts under development[3] in Greece, Cyprus, Croatia and Turkey and more than 60 smaller holiday home developments in Cyprus. The company opened its first resort, Amanzoe, in Porto Heli area of the Peloponnese, in August 2012.[4] Its second resort, Nikki Beach Resort & Spa also in Porto Heli, opened in July 2014,[5] and its third resort, Amanera in the Dominican Republic, opened in November 2015.[6]

References

  1. ^ Pickard, Jim (2005-11-26). "Dolphin set for a €105m splash on AIM, Financial Times, 26 November 2005". Ft.com. Retrieved 2012-01-09.
  2. ^ Pickard, Jim (2007-04-05). "Dolphin buys control of Cyprus developer, Financial Times, 5 April 2007". Ft.com. Retrieved 2012-01-09.
  3. ^ "Company Reports". Dolphinci.com. Archived from the original on 2015-04-16. Retrieved 2017-10-09.
  4. ^ Wrathall, Claire (2012-09-14). "Greece resorts to luxury, Financial Times, 14 September 2012". Ft.com. Retrieved 2012-09-20.
  5. ^ "Nikki Beach Resort & Spa Porto Heli". Dolphinci.com. Archived from the original on 2015-04-17. Retrieved 2017-10-09.
  6. ^ "Amanera at Playa Grande Club & Reserve". Dolphinci.com. Archived from the original on 2015-04-17. Retrieved 2017-10-09.