While abounding absolute acreage developers from about the apple are apathetic or abandoning projects due to lacklustre sales and bare funding, Group Metro, one of the arch absolute acreage and busline companies in the Dominican Republic has airy this trend. Group Metro today appear that it bankrupt a US$35 actor advance basic investment with Portland Private Equity. The funds, appropriate for Las Olas, an beach abode circuitous in Juan Dolio, will accredit the aggregation to abide its amplification affairs for the advancing arena of the Dominican Republic. www.metrocountry.com.
“Las Olas architecture is appointed to ability the center mark afore the holidays, so the timing of this basic bang coincides altogether with our charge to acquirement important apparatus such as accessories and finishing elements,” declared Luis Jose Asilis, CEO of Group Metro. “This will acquiesce us to capitalize on amount extenuative opportunities through aggregate advanced purchasing of materials, which will be anesthetized on to our audience in the anatomy of a college above end product,” he added.
Located in Juan Dolio, 35K from Santo Domingo, the basic city-limits of the Dominican Republic, and 15 km from the Las Americas International Airport, Las Olas is a sixteen akin Art Deco appearance beachfront abode that appearance 227 apartments showcasing accessible spaces and across-the-board angle of the Caribbean Sea. Residents will aswell accept absolute memberships to the adjacent Metro Country Club, which appearance an all-embracing Clubhouse, the Las Marlins 18-hole golf course, mini golf, tennis courts, pond pools, restaurants, best acceptance to the in-resort Embassy Suites Hotel, and abundant more.
Portland Private Equity, the clandestine disinterestedness administrator of the AIC Caribbean Fund, stated, “We are admiring to accomplice with a fast growing and acknowledged aggregation like Group Metro, the bazaar allotment baton for bank foreground abode apartments in the southern bank of the Dominican Republic,” said Managing Partner Kip Thompson. “We are bullish on this development as it offers abounding advantages compared to the added tourism abased absolute acreage projects in the arena that we attending at. The Juan Dolio across is fast acceptable a suburb to Santo Domingo and the affordable affluence accent of Las Olas opens up the befalling to bounded and ex-pat Dominicans to buy a address as a additional home.”
Portland Private Equity will aswell participate on Metro Country Club’s axle of admiral and will accommodate the axle with all-around industry acumen and all-embracing investment cyberbanking experience. “In accession to accepting a able banking supporter,” continues Asilis, “Portland Private Equity’s accord on Metro Country Club’s axle will play a key role in allegorical our amplification strategy.”
- added –
About Group Metro
Group Metro has accustomed a appalling all-embracing acceptability throughout its four decades of acquaintance in transportation, tourism and absolute estate. From its battleground property, Metro Country Club, to the beach abode developments of Costa del Sol, Marbella, Costa Blanca and Las Olas, Group Metro has become the absolute aggregation for absolute acreage and tourism in the Dominican Republic. Led by its abstracted CEO, Dr. Luis Jose Asilis, the aggregation has played an basic role in putting the Dominican Republic on the map as a top Caribbean destination. Further, Group Metro will be one of the aboriginal developers in the Dominican Republic to accommodate adjustable costs to buyers. For added information, appointment www.groupmetro.com, www.metrocountry.com or www.costablanca.com.do.
About Portland Private Equity
Based in Barbados, Portland Private Equity is a clandestine disinterestedness armamentarium administration aggregation currently focused on opportunities in the Caribbean arena through its administration of the AIC Caribbean Fund (ACF). Building on Portland’s clue almanac of acknowledged investments throughout the Caribbean region, ACF is a $230 actor armamentarium focused on medium-sized businesses. Companies in its portfolio do business in over 21 countries throughout the Caribbean, Central America, and Latin America. For added advice amuse acquaintance Douglas Hewson at dhewson@aicgh.com.
Media Contact:
Sabrina Lacle
Sabrina@amgwagency.com
305-856-8004 ext. 309
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment