the DCI Brochure - Dolphin Capital Investors
Transcription
the DCI Brochure - Dolphin Capital Investors
C O R P O R AT E B R O C H U R E 2 0 1 5 Dolphin Capital Investors Developing exceptionally high quality resorts with residences in regions of pristine beauty inside... 01 A B O U T U S 03 O U R J O U R N E Y S O FA R 04 O U R P O RT F O L I O AT A G L A N C E page 07 core projects 08 #1 Amanzoe 18 #2 Playa Grande Club & Reserve 26 #3 Pearl Island 34 #4 Kilada Hills Golf Resort #5 Kea Resort 38 page 42 non-core assets 44 #6 The Nikki Beach Resort & Spa 46 #7 Sitia Bay Golf Resort #8 Scorpio Bay Resort 47 #9 Lavender Bay Resort #10 Plaka Bay Resort 48 #11 Triopetra 49 #12 Eagle Pine Golf Resort #13 Apollo Heights Polo Resort 50 #14 Venus Rock Golf Resort #15 Livka Bay Resort 52 #16 La Vanta – Mediterra Resorts 53 Aristo Developers 54 Our partners 5 5 C O R P O R AT E S O C I A L R E S P O N S I B I L I T Y Amanzoe Beach Cabana, Greece Dolphin Capital Investors Limited Corporate Brochure 2015 We are a leading global investor and developer in high-end residential resorts in emerging markets. We seek to generate strong capital growth and cash returns for our shareholders. We own large seafront sites of striking natural beauty in the eastern Mediterranean, Caribbean and Latin America and develop them into sophisticated leisure-integrated residential resorts, in partnership with some of the world’s most recognised architects, golf course designers and hotel operators. 01 02 Dolphin Capital Investors Limited Corporate Brochure 2015 Dolphin... is managed by Dolphin Capital Partners, ‘DCP’ or the ’Investment Manager’, an independent real estate private equity firm is one of the largest private seafront landowners of developable seafront land in Greece and Cyprus has a presence in six countries: Greece, Cyprus, Croatia, Turkey, Panama and the Dominican Republic is a strategic investor in Aristo Developers, the largest holidayhome developer in Cyprus, with 49.8% shareholding has a portfolio that is currently spread over 58 million m² of prime coastal developable land Dolphin Capital Investors Limited Corporate Brochure 2015 Our journey so far... 2005 2008 2011 €5 million of seed capital. DECEMBER Dolphin admitted to trading on AIM, raising €104 million. in Livka Bay Resort, and Mediterra Resorts. MARCH €62.7 million invested in the acquisition of prime land in strategic locations in Cyprus, funded 100% by Aristo’s operational cash flow and credit lines. JULY Dolphin makes first investment in Central America – Pearl Island in Panama. construction of the first Aman Villa at Amanzoe. MARCH US$40 million issue of Playa Grande Convertible Bonds. APRIL Works for the construction of the 36-hole golf course commenced at Venus Rock Golf Resort. AUGUST Commencement of construction of the Aman Beach Club at Amanzoe. JULY Dolphin founded with 2006 MARCH Dolphin executes first investment in Greece – Kilada Hills Golf Resort. JUNE Dolphin follows on with first investment in Cyprus – Apollo Heights Polo Resort, and an additional acquisition in Greece – Scorpio Bay Resort. AUGUST Continued investment activity in Greece – Amanmila and Lavender Bay Resort. NOVEMBER Second AIM fundraise of an additional €300 million. NOVEMBER Dolphin completes first acquisition in Crete – Sitia Bay Golf Resort, and partners for a second time in Greece with Aman for Amanzoe at The Porto Heli Collection. 2007 JANUARY Dolphin makes first investment in Croatia – Livka Bay Resort. APRIL Dolphin purchases 85% stake in Aristo. JUNE Third AIM fundraise of an additional €450 million. JULY Dolphin invests for the second time in Crete – Plaka Bay Resort. OCTOBER Dolphin acquires Kea Resort, and executes the first investment in Turkey – Mediterra Resorts. DECEMBER Dolphin makes first investment outside eastern Mediterranean – Playa Grande Club & Reserve in the Dominican Republic. JANUARY Minority buy-outs 2009 APRIL Sale of Amanmila, Milos, Greece and launch of SharesFor-Assets Programme. JUNE Acquired remaining 15% of Aristo. AUGUST Commencement of construction of Amanzoe at Porto Heli, Greece. SEPTEMBER Commencement of construction of the first golf villa at Playa Grande Club & Reserve. OCTOBER Final construction permit for the hotel at Sitia Bay Golf Resort. DECEMBER Sale of 33% of Kea Resort and signing of management agreement with Aman Resorts. 2010 MAY Venus Rock Golf Resort obtains permits for two golf courses and related residential reaching 450,000 buildable m2 of real estate. MAY €50 million asset-backed loan facility arranged for Venus Rock Golf Resort. JUNE Management agreement signed with Nikki Beach to operate the hotel at The Porto Heli Collection. FEBRUARY Commencement of 2012 JANUARY Construction of Pearl Island airport runway begins. MAY Aristo Exchange takes place. JUNE Construction of first golf villa completed at Playa Grande Club & Reserve. AUGUST Amanzoe welcomes its first guests. At opening, five Aman Villas were already sold. SEPTEMBER Dolphin sells a 60% shareholding in Pearl Island’s Founders’ Phase, after having sold over 20 Founder lots. OCTOBER €50 million issue of new Dolphin shares. 2013 MARCH Issue of €50 million Bonds and US$9 million Bonds. MARCH Aman Golf Resort groundbreaking ceremony at Playa Grande. MAY Agreement for the sale of Venus Rock is signed. JULY The construction of the first Aman Villas at Amanzoe is completed. OCTOBER Ritz Carlton announces 2016 resort opening at Pearl Island. 2014 MARCH Agreement for the sale of Port Kundu is signed. JULY Nikki Beach Resort & Spa at Porto Heli welcomes its first guests. AUGUST Dolphin establishes a strategic relationship with Colony Capital Acquisitions LLC by way of €40.4 million second priority loan facility into Amanzoe. 2015 MAY Issue of €75 million of new shares. 03 04 Dolphin Capital Investors Limited Corporate Brochure 2015 Our portfolio at a glance Presence in 6 countries and 3 regions MEDITERRANEAN, CARIBBEAN AND LATIN AMERICA 58 million m 2 LAND UNDER DEVELOPMENT 5 Core Projects LARGE-SCALE LEISURE-INTEGRATED RESIDENTIAL RESORTS 4 hotels in the Core Projects 1 OPERATING 1 UNDER CONSTRUCTION 2 PLANNED 2 golf courses in the Core Projects #2 PLAYA GRANDE CLUB & RESERVE DCI STAKE: 100% LOCATION: Dominican Republic AREA SIZE: 839 hectares 2 see page 18 1 FULLY RENOVATED 1 PLANNED 11 Non-core Assets Caribbean Sea 60+ Aristo projects CORE PROJECTS NON–CORE ASSETS 3 #3 PEARL ISLAND DCI STAKE: 60% LOCATION: Archipelago De Las Perlas, Panama AREA SIZE: 1,323 hectares see page 26 Dolphin Capital Investors Limited Corporate Brochure 2015 #15 15 LIVKA BAY RESORT DCI STAKE: 100% LOCATION: Solta, Croatia AREA SIZE: 63 hectares see page 52 #16 LA VANTA – MEDITERRA RESORTS DCI STAKE: 100% LOCATION: Antalya, Turkey AREA SIZE: 8 hectares 9 see page 52 8 5 41 6 16 Mediterranean Sea 11 7 10 14 12 13 #12 #1 #6 AMANZOE DCI STAKE: 100% LOCATION: Porto Heli, Greece AREA SIZE: 93 hectares THE NIKKI BEACH RESORT & SPA DCI STAKE: 25% LOCATION: Porto Heli, Greece AREA SIZE: 1 hectare see page 08 #9 LAVENDER BAY RESORT DCI STAKE: 100% LOCATION: Magnesia, Greece AREA SIZE: 310 hectares EAGLE PINE GOLF RESORT DCI STAKE: 50% LOCATION: Cyprus AREA SIZE: 319 hectares see page 49 see page 44 see page 47 #13 #7 #10 SITIA BAY GOLF RESORT DCI STAKE: 78% LOCATION: Crete, Greece AREA SIZE: 270 hectares PLAKA BAY RESORT DCI STAKE: 100% LOCATION: Crete, Greece AREA SIZE: 442 hectares APOLLO HEIGHTS POLO RESORT DCI STAKE: 100% LOCATION: Cyprus AREA SIZE: 461 hectares see page 34 see page 46 see page 48 #5 #8 #11 KEA RESORT DCI STAKE: 67% LOCATION: Cyclades, Greece AREA SIZE: 65 hectares SCORPIO BAY RESORT DCI STAKE: 100% LOCATION: Viotia, Greece AREA SIZE: 172 hectares TRIOPETRA DCI STAKE: 100% LOCATION: Crete, Greece AREA SIZE: 11 hectares VENUS ROCK GOLF RESORT DCI STAKE: 50% LOCATION: Cyprus AREA SIZE: 737 hectares see page 38 see page 47 see page 48 see page 50 #4 KILADA HILLS GOLF RESORT DCI STAKE: 100% LOCATION: Porto Heli, Greece AREA SIZE: 235 hectares see page 49 #14 05 06 Dolphin Capital Investors Limited Corporate Brochure 2015 Our Portfolio Dolphin has a unique coastal land portfolio of 58 million m2 and 59 kilometers of beachfront, located in 6 countries in the Eastern Mediterranean, the Caribbean and Latin America. Nikki Beach Resort & Spa, Greece Dolphin Capital Investors Limited Corporate Brochure 2015 Our Core Projects The Core Projects include 5 leisure-integrated residential resorts, which are spread over 2,555 hectares of land. 08 #1Amanzoe 18 #2 Playa Grande Club & Reserve 26 #3 Pearl Island 35 #4 Kilada Hills Golf Resort 38 #5Kea Resort 07 08 Dolphin Capital Investors Limited Corporate Brochure 2015 World-class COOL Views from Amanzoe, Greece Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Amanzoe #1 Peloponnese, Greece Set in a land of classical ruins, azure seas and olive groves on the coast of the Peloponnese, Amanzoe offers a contemporary hilltop retreat overlooking the Aegean Sea. Ideally placed for exploring the region’s natural attractions and rich culture, the resort embraces the architecture and soul of ancient Greece. 09 10 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Amanzoe #1 continued In the region of Argolida, near Porto Heli (one of the most upmarket, second-home residential areas in Greece), within 2-hours’ drive from Athens International Airport and two hours by ferry from Piraeus Port. DOLPHIN STAKE 100% AREA SIZE `` 93 hectares LOCATION `` In the area of Porto Heli, also known as the Greek Riviera `` Easy access to the cosmopolitan islands of Spetses and Hydra `` 0.1 km of coastline STATUS `` Opened in August 2012 COMPOSITION `` 38 pavilions, 4 beach cabanas `` Private beach club `` 47 villas planned, 13 villas sold/reserved, 4 delivered NEXT STEPS `` Complete 3 villas and hand over to their owners in July 2015 `` Sell villas and improve occupancy at Amanzoe `` Build additional beach cabanas `` Buy additional land for new villas Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Amanzoe #1 continued 1 The dramatic hillside location of Amanzoe offers incomparable opportunities for skiing, mountain biking, hiking, trekkers and horseback riders alike ATHENS PIRAEUS The well-preserved ruins of the ancient city of Mycenae are in close proximity CORINTH CANAL MYCENAE 2 hours’ drive from ATHENS INTERNATIONAL AIRPORT EPIDAVROS NAFPLION Amanzoe’s dramatic hillside setting and unobstructed sea views provide the perfect base for the 18-hole championship golf course POROS ISL AND 2 hours by ferry from Piraeus Port 1 Amanzoe 93 hectares PARTNERS www.amanresorts.com www.zoniro.com HYDRA ISL AND The spectacular all-year-round weather conditions and tranquil waters provide ideal conditions for the full range of water sports in the land of the gods 11 12 Dolphin Capital Investors Limited Corporate Brochure 2015 Heavenly Retreats ...in the land of the gods Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Amanzoe #1 Our first completed luxury resort, drawing its name from the Sanskritderived word for ‘peace’, ‘aman’, and ‘zoe’, the Greek word for ‘life’. In the realm of Greek luxury resorts lies a contemporary retreat embracing Greece’s rich history and culture. Amanzoe offers travellers an ideal base from which to explore the natural beauty, coastal pleasures and ancient heritage of the Peloponnese region. Amanzoe Villa 15, Greece 13 14 Dolphin Capital Investors Limited Corporate Brochure 2015 Amanzoe Central Areas, Greece Amanzoe Colonnade, Greece Amanzoe Pavilion, Greece Amanzoe Beach Club, Greece Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Amanzoe #1 AMANZOE excellence A ND R E W H A R P E R G R A ND AWA R D S 2 014 January 2014 Special Recognition Awards: Hotel Best Pool: Amanzoe R O B B R E P O R T (U S) May 2014 The World’s Top 100 Resorts C O ND E N A S T T R AV E L L E R (U K ) June 2014 The Best Spas in the World 2014 G A L L I VA N T E R ’ S G U ID E January 2015 Amanzoe voted as the Best Resort in Europe in the 2014 Gallivanter’s Awards for Excellence TAT L E R S PA G U ID E 2 01 5 February 2015 The 67 most magnificent spas in the world – Best for Five Star Back Fixer Amanzoe Villa, Greece 15 16 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Amanzoe #1 Press views views Spectacular cachet, convenience, prestige... July 2014 September 2014 World Class October 2014 Heavenly retreats in the land of the gods May 2014 seduction & seclusion September 2014 Dolphin Capital Investors Limited Corporate Brochure 2015 a modern-day idyll May 2014 hellenic heaven May 2014 July 2014 MaxMyInterest.com ultimate beach vacation: exclusivity, tranquillity, uniqueness welcome May 2014 a warm April 2014 Luxury homes living with the stars 17 18 Dolphin Capital Investors Limited Corporate Brochure 2015 caribbean VIEWS Amanera Casita, Dominican Republic Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Playa Grande Club & Reserve #2 Dominican Republic Spanning over 11 km of direct coastline with stunning beaches, dramatic 20m cliffs overlooking the Atlantic Ocean, a legendary Robert Trent Jones Snr. designed golf course and an unspoiled nature reserve, Playa Grande Club & Reserve is situated only 1-hour’s drive from two international airports. The project has the capacity for three luxury hotels, including the first Aman resort of the Dominican Republic and over 400 luxury residential units. 19 20 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Playa Grande Club & Reserve #2 continued Situated between the towns of Cabrera and Rio San Juan, each approximately 8 km away. Often referred to as the ‘Pebble Beach of the Caribbean’, it has the only golf course in the western hemisphere with 10 holes running alongside 20mhigh cliffs bordering the Atlantic Ocean. DOLPHIN STAKE 100% AREA SIZE `` 839 hectares LOCATION `` Northern coast of the Dominican Republic, between the towns of Cabrera and Rio San Juan `` 1 hour drive from 2 international airports SPECIAL FEATURES `` The Founders’ phase includes a 15-room boutique hotel and beach club while all of c. 70 lots have been granted to a New York based group of prominent personalities in the world of finance, media and entertainment COMPOSITION Phase I: `` 40-suite Aman hotel (including 6 two-bedroom villas) and 34 large Aman villas for sale Future Phases: `` Approx 350 additional residential units for sale `` Additional leisure facilities (beach club, mountain equestrian club, spa, tennis, trails) STATUS `` A man hotel targeted to open Q4 2015 `` 4 Aman Founder Villas sold and one 2-bedroom Villa reserved `` The back 9 of the golf course has been completely renovated, and the front 9 is currently under re-construction to be completed in Q4 2015 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Playa Grande Club & Reserve #2 Dominican Republic Water sports, including boating, surfing, kite-surfing and windsurfing either on Playa Grande beach, Playa Navio or nearby Cabarete 2 Playa Grande Club & Reserve 839 hectares PUERTO PLATA 2 1-hour drive from PUERTO PLATA INTERNATIONAL AIRPORT Over 400 acres of protected nature reserve, with bird-watching expeditions and guided nature hikes PARTNERS www.amanresorts.com www.harthowerton.com www.reesjonesinc.com Deep-sea fishing for marlin, sailfish, dorado and other big-game fish at Silver Bank 173 acre existing golf course, designed by renowned architect Robert Trent Jones, Sr RIO SAN JUAN 11 km of seafront CABRERA Spectacular scuba diving amidst wrecks and corals NAGUA 1-hour drive from NAGAU INTERNATIONAL AIRPORT Miles of running, hiking, biking and horseback riding trails the heart of the Caribbean 21 22 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Playa Grande Club & Reserve #2 THE PEBBLE BEACH OF THE CARIBBEAN sky , earth &water a perfect mix of With its world-class Robert Trent Jones, Sr. golf course, stunning beaches, verdant mountains, dramatic cliffs and natural preserve, Playa Grande offers residents and guests everything in one perfect location. Created upon the unique topography and spectacular beauty of the site, every component of Playa Grande has been thoughtfully considered, from low-density development and ecological conservation to the allocation of large spaces for communal use. Amanera Pool Casita, Dominican Republic Dolphin Capital Investors Limited Corporate Brochure 2015 23 24 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Playa Grande Club & Reserve #2 observe local life... Mangrove-lined Laguna Gri Gri, with boat rides through the lagoon and picnics on beautiful nearby beaches Rio San Juan fishing village Laguna Dudu with blue freshwater holes ideal for swimming Coastal town of Cabarete for kite-surfing and lively night life Puerto Plata’s Amber Museum, famed Brugal rum distillery, San Felipe Fort and its charming Victorian town square Samana Peninsula nature exploration and spectacular humpback whale watching Daytrip to Santo Domingo, Spain’s first New World city, strolling the magnificent Old Colonial Zone, heritage sites, museums, art galleries, shops and restaurants Laguna Gri Gri, Rio San Juan, Dominican Republic Dolphin Capital Investors Limited Corporate Brochure 2015 Playa Grande Golf Course, Dominican Republic Laguna Gri Gri, Rio San Juan, Dominican Republic Playa Navio, Dominican Republic Amanera Casita, Dominican Republic 25 26 Dolphin Capital Investors Limited Corporate Brochure 2015 nature’s paradise Pearl Island, Panama Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Pearl Island #3 Archipelago de las Perlas, Panama A private island, approximating the size of St. Barths or Capri, with almost 30 km of coastline and 14 private beaches in the heart of an untouched archipelago of unique biodiversity. Approximately 40 nautical miles from the skyscrapers of Panama City, with at least three luxury 5-star hotels, a marina, more than 1,000 luxury residential units and a private natural reserve comprising more than half of the island. 27 28 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Pearl Island #3 continued DOLPHIN STAKE 60% 60/40 joint venture between DCI and Grupo Eleta AREA SIZE `` 1,323 hectares COMPOSITION Set in the Archipelago de las Perlas, this private island is to become one of the first exclusive integrated ecological island residential resorts in the region. 70% of the island is retained as a natural reserve park, with a unique ecosystem, marine & bird sanctuary, and a natural harbour, which will become one of the largest marinas in Central America. Founders’ Phase (7% of island) – sold `` Beach club, spa and other leisure facilities `` 40-berth and 30 dry-dock marina `` Approx. 190 residential units (villas and plots) Phase I Ritz Carlton Reserve (3% of island): `` 85-key Ritz Carlton Reserve hotel with beach club `` c.122 branded residential units Other Phases (90% of island): `` Development potential for over 425,000 m2 of buildable residential space or c. 945 residential units and lots for sale `` Up to 4 additional luxury hotels `` Marina with up to 500 berths and retail facilities `` Recreational and sports facilities `` International airport COMPLETED TO DATE Owned by joint venture or Founders’ Phase, depending on location `` Basic infrastructure works in place including 26 km of roads `` Irrigation/drainage/erosion control systems in place `` Beach club is operational, marina with 40 berths (Founders’ Phase) Owned by joint venture `` Modular utilities (water and electricity) and workers’ housing `` Airstrip runway of 1 km `` Service pier in advanced stages of construction Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Pearl Island #3 Archipelago de las Perlas, Panama 3 a world all of its own FROM PANAMA PACIFIC INTERNATIONAL AIRPORT By plane: 20 mins Helicopter: 20 mins 42 NAUTICAL MILES FROM PANAMA CITY High speed water craft: 1 hr By boat: 1.5 hrs Pearl Island’s virgin tropical forest, its lagoons, rivers and tiny offshore islets are home to 16 species of mammals, and 20 species of lizards and amphibians. It also boasts the world’s most treasured bird sanctuaries which nurture over 150 species There are many diving sites around Pearl Island where diving lovers can experience a diversity of fish and mammals, including dolphins ISL A VIVEROS ISL A DEL RE Y 3 15 minutes by boat from Isla del Rey PARTNERS Pearl Island 1,323 hectares The Founders’ Marina on the west side of the peninsula will offer 40 berths for yachting enthusiasts www.ritzcarlton.com www.harthowerton.com ISL A SAN JOSÉ The ocean waters of Panama are home to five species of whale and serve as a rendezvous region for families of humpback whales during the majority of the year, that move between Mexico and Panama www.zoniro.com www.denniston.com.my 29 30 Dolphin Capital Investors Limited Corporate Brochure 2015 luxurious Ritz Carlton Reserva, Pearl Island, Panama Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Pearl Island #3 A PRIVATE ISLAND EXPERIENCE Creating an authentic private island destination requires a particular respect for nature and heritage. Only a few miles off-shore south of Panama City, Pearl Island breaks new ground, environmentally, economically and socially, for the region. It is a wildlife reserve all of its own, resting in the serenity of a unique and dynamic ecosystem. island living at its very best 31 32 Dolphin Capital Investors Limited Corporate Brochure 2015 Pearl Island Marina, Panama View from Marina Village, Panama Pearl Island Founders’ Phase Beach Club, Panama Don Bernardo Beach, Panama Pearl Island Founders’ Phase Beach Club, Panama Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Pearl Island #3 waiting to be discovered... With an existing population of only 150 inhabitants in the small village of Pedro de Cocal, it embraces a rich biological diversity as well as its own cultural legacy, recently discovered to be dating back over 5,000 years. To preserve and protect this boundless natural biodiversity, over 75% of Pearl Island will remain undeveloped. A percentage of all property sales are dedicated to the establishment of The Island Foundation, a not-for-profit organisation that will be stewarded by the island’s property owners. 33 34 Dolphin Capital Investors Limited Corporate Brochure 2015 understated pure luxury View from Kilada Hills Golf Resort, Greece Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Kilada Hills Golf Resort #4 Peloponnese, Greece Kilada Hills’ dramatic panoramic location is as unique as the striking natural beauty of the region itself. A well-kept secret for those in the know, the area surrounding Kilada is the perfect setting for a wide variety of sea adventures, fishing, island hopping and, of course, sightseeing, with an impressive array of archaeological sites as well as the cosmopolitan islands of Spetses and Hydra just a stone’s throw away. 35 36 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Kilada Hills Golf Resort #4 continued Kilada Hills Golf Resort is a few minutes’ drive from Amanzoe. The resort will include a luxury hotel with 40 Club Suites, and an 18-hole championship golf course, designed by Jack Nicklaus. DOLPHIN STAKE 100% AREA SIZE `` 235 hectares `` 0.1 km coastline COMPOSITION Phase I – Golf course `` 18-hole Jack Nicklaus Signature Golf Course (operation expected to initiate in 2018, assuming funding is secured in 2016) `` Golf clubhouse, c. 260 golf residences `` Beach Club Other Phases `` 100 hillside residences `` 100-room hotel and c. 88 branded villas and residences `` Beach Club expansion STATUS `` Current permits in place to allow commencement of the Golf phase construction, as soon as funding is secured `` One of the first projects in Greece to receive ‘Strategic Investment’ status, which gives significant permitting advantages and removes the requirement of building a hotel `` The ‘Strategic Development’ final permits are pending and depend on the issuance of a Presidential Decree which, after its recent approval by the Council of State, is expected during 2015 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Kilada Hills Golf Resort #4 Porto Heli, Greece ATHENS 2 hours’ drive from ATHENS PIRAEUS INTERNATIONAL AIRPORT MYCENAE 2 hours by ferry from Piraeus Port The well-preserved ruins of the ancient city of Mycenae are in close proximity 4 Kilada Hills Golf Resort 235 hectares Kilada Hills Golf Resort, Hotel Pavilion, Greece 4 nestled amidst the olive trees... PARTNERS www.nicklaus.com www.denniston.com.my www.ghmhotels.com Kilada Hills Beach, Greece 37 38 Dolphin Capital Investors Limited Corporate Brochure 2015 views Amphitheatric Kea Resort Views, Greece Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Kea Resort #5 Tzia, Greece Surrounded by dramatic sea views and a spectacular sandy beach offering a natural harbour and a safe shelter from the Aegean wind, Kea Resort is on the island of Tzia (Kea), the closest Cycladic island to Athens. 39 40 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S Kea Resort #5 continued Kea Resort is a 15-minute drive from Athens International Airport to Lavrio Harbour, followed by a 30-minute boat ride. DOLPHIN STAKE 67% AREA SIZE `` 65 hectares `` circa. 1 km of coastline COMPOSITION `` A 30-pavilion Aman luxury hotel (operation expected to initiate in 2018, assuming funding is secured in 2016) `` 6 Aman Suites and 29 villas STATUS `` In April 2015 the project received all necessary approvals through the Construction Permit PROJECT PARTNERS `` Existing management agreement is with Aman Resorts. DCI is currently in discussions with a joint venture partner, and operator might change, subject to reaching a formal agreement Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : C O R E P R O JE C T S View from the Main Lodge at Kea Resort, Greece Kea Resort #5 Kea, Greece 15-minute drive from ATHENS INTERNATIONAL AIRPORT to Lavrio Harbour L AVRIO HARBOUR A unique destination for diving enthusiasts 30 minutes by boat from Lavrio Harbour 5 At the southeast end of the island, lies the remains of the ancient, deserted city of Karthaia Kea Resort 65 hectares 5 a safe shelter... PARTNERS www.amanresorts.com Kea Resort Beach, Greece 41 42 Dolphin Capital Investors Limited Corporate Brochure 2015 Our Non-Core Assets The Non-Core Assets include 10 leisure-integrated residential resort projects, which are spread over 1,756 hectares of land. 44 #6Nikki Beach 46 #7 Sitia Bay Golf Resort 47 #8Scorpio Bay Resort #9Lavender Bay Resort 48 #10 Plaka Bay Resort #11Triopetra 49 #12 Eagle Pine Golf Resort #13 Apollo Heights Polo Resort 50 #14Venus Rock 52 #15 Livka Bay Resort #16 La Vanta – Mediterra Resorts 53Aristo Developers Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : N O N- C O R E A S S E T S the best of the rest Greece 15 Croatia With a spectacular coastline that stretches across the Adriatic, more than 1,000 offshore islands, dozens of medieval towns and villages, Croatia’s appeal is obvious. A haven for yachters and sun worshippers alike, Croatia is quickly emerging as an adventure and gastronomy destination to boot. Greece offers to the discerning traveller not only luxury and stunning landscapes, but also adventure, serenity, culinary experiences, a bustling nightlife and a number of outdoor activities. Tourism accounts for 18% of GDP, and is poised for growth as a number of high-end international brands are developing properties in the market. Turkey Turkey’s archaeological and cultural wonders, and its lush and twirling Mediterranean coastline, are a Mecca for tourists, attracting millions of European holidaymakers each year. From hikers and adventurers, to yachters and history enthusiasts, Turkey can cater to anyone. 9 8 16 6 11 Mediterranean Sea 7 10 14 12 13 Cyprus Cyprus is a deeply enjoyable holiday island that boasts myriad charms year round. The rich history of the island can be traced back 10,000 years and, as a destination, Cyprus is not only about attractive and impressively clean beaches, but offers skiing, hiking and several other outdoor activities, always combined with a unique culinary experience. 43 44 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : N O N- C O R E A S S E T S DOLPHIN STAKE 25% Nikki Beach Resort & Spa #6 `` 1 hectare Peloponnese, Greece AREA SIZE LOCATION `` Porto Heli, Greece STATUS `` Opened in July 2014 COMPOSITION Contemporary, refined and elegant, this lifestyle urban resort is where those ‘in the know’ aspire to be. The resort’s ideal beachfront location allows guests to enjoy the crystal clear cobalt blue waters and dramatic panoramic views from almost every corner of the property. `` The Nikki Beach Resort & Spa at Porto Heli includes hotel suites as well as apartments for sale `` Opened its doors on 28 July 2014 `` 66 luxurious rooms & suites `` The only seafront hotel in central Porto Heli `` Exclusive state of the art beachfront venue offering direct views of the Aegean Sea 20 May 2015 best hotels in Greece Dolphin Capital Investors Limited Corporate Brochure 2015 the new Riviera A modern-day idyll late summer sun August 2014 ultrachic August 2014 uniqueness & natural beauty... 101 best hotels Travel guide 2015 September 2014 Infinity Pool at Nikki Beach Resort & Spa, Greece 45 46 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : N O N- C O R E A S S E T S Sitia Bay Golf Resort #7 Crete, Greece DOLPHIN STAKE 78% AREA SIZE `` 270 hectares `` 2.5 km of seafront LOCATION `` The island of Crete ACCESS A 10-minute drive from Sitia International Airport, a 1.5-hour drive east from Heraklion International Airport and a 15-minute drive from Sitia Harbour SPECIAL FEATURES A secluded peninsula of unspoilt natural beauty on the largest of the Greek islands and the most popular Greek tourist destination with 3 million visitors in 2011 COMPOSITION `` Over 120,000m2 of buildable residential units `` A 200-room Waldorf Astoria resort `` A convention centre `` An 18-hole championship golf course `` A golf clubhouse `` A 32-berth marina `` A beach and country club and other leisure facilities DESIGN Masterplan and hotel design by WATG. Nicklaus Design has been appointed as the golf course architect Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : N O N- C O R E A S S E T S Scorpio Bay Resort #8 Viotia, Greece DOLPHIN STAKE SPECIAL FEATURES `` 100% A mountainous peninsula of unspoilt natural beauty overlooking a secluded bay and the island of Evoia, and within a 1-hour drive from the ski resort of Mount Parnassus AREA SIZE `` 172 hectares `` Approximately 2 km of seafront LOCATION Skorponeri, Viotia region, making this probably the closest luxury seaside residential resort to Athens ACCESS A 1-hour drive from Athens International Airport COMPOSITION Luxury Oberoi operated hotel and full service spa, integrated with a residential development and searelated leisure facilities DESIGN Hotel and villa designed by Heah & Co, led by John Heah Lavender Bay Resort #9 Magnesia, Greece DOLPHIN STAKE COMPOSITION `` 100% ACCESS `` A 180-room Kempinski operated hotel `` More than 220 branded residential units `` More than 390 nonbranded residential units `` An 18-hole Gary Player Signature golf course `` Beach club and other leisure facilities Approximately 2.5-hours’ drive from both Athens and Thessaloniki International Airports, also 20-minute drive from new Aghialos International Airport Masterplan by EDSA, golf design by Gary Player and hotel and residences design by Chad Oppenheim (Oppenoffice) AREA SIZE `` 310 hectares `` 2 km of seafront LOCATION Near the town of Volos, in the region of Thessalia, at the mouth of Pagasitikos Gulf SPECIAL FEATURES Unspoilt, undulating hills fronted by a 2 km beach and surrounded by forest DESIGN 47 48 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : N O N- C O R E A S S E T S Plaka Bay Resort #10 Crete, Greece DOLPHIN STAKE SPECIAL FEATURES `` 100% Easternmost point of Crete AREA SIZE `` 442 hectares `` 7 km of seafront LOCATION The island of Crete ACCESS A 40-minute drive east from Sitia International Airport, a 2-hour drive east from Heraklion International Airport and in close proximity to Sitia Harbour COMPOSITION `` A residential development of over 70,000m2 `` One or more 5-star hotels `` Other supporting recreational facilities and potentially an 18-hole golf course DESIGN Masterplan prepared by Hart Howerton Triopetra #11 Crete, Greece DOLPHIN STAKE SPECIAL FEATURES `` 100% Dramatic sea views and a spectacular sandy beach AREA SIZE `` 11 hectares `` 280m façade along a scenic beach LOCATION On the southern side of Rethymno Prefecture, Crete ACCESS Approximately 54 km from Rethymno, the Prefecture’s capital and main port. The international airports of Heraklion and Chania fall within a distance of approximately 104 km and 124 km, respectively COMPOSITION `` A 60-room luxury 5-star hotel with restaurant, retail, spa and fitness, watersports, outdoor activities and nature treks `` Approximately 8,870m2 of residential buildable non-branded villas DESIGN Permit design prepared by Aristo Developers’ Architectural team Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : N O N- C O R E A S S E T S Eagle Pine Golf Resort #12 Cyprus DOLPHIN STAKE COMPOSITION `` 49.8% Golf facilities and a residential development component of up to 150,000m2 of residential units AREA SIZE `` 319 hectares LOCATION Inland, with stunning sea views, overlooking the Episkopi and Akrotiri regions near Limassol ACCESS Less than 1-hour’s drive from both of the island’s international airports DESIGN Masterplanning by EDSA, golf design by Graham Marsh in association with Hans-Georg Erhardt, resort design by Porphyrios & Associates SPECIAL FEATURES A few kilometres from Apollo Heights Polo Resort and a 15-minute drive from Venus Rock Golf Resort Apollo Heights Polo Resort #13 Cyprus DOLPHIN STAKE COMPOSITION `` 100% `` Hotel facilities `` Residential units `` Polo fields `` 18-hole golf course AREA SIZE `` 461 hectares LOCATION Near the town of Limassol ACCESS Less than 1-hour’s drive from both of the island’s international airports SPECIAL FEATURES With excellent views of the sea, the mountains and neighbouring villages, the site also lies adjacent to a number of polo fields and an 18-hole golf course, and is 500m away from the beach DESIGN Masterplan by EDSA and golf course design by Tony Jacklin Design 49 50 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : N O N- C O R E A S S E T S Venus Rock Golf Resort #14 Cyprus Europe’s largest residential beachfront resort development and Cyprus’ most significant golf resort area, set between the towns of Limassol and Paphos, next to Aphrodite Hills. Located 10 minutes from Paphos International Airport and 1-hour from Larnaca International Airport. DOLPHIN STAKE 50% AREA SIZE `` 737 hectares LOCATION `` Cyprus COMPOSITION First Phase `` Two 18-hole golf courses designed by Tony Jacklin, the first operating since summer 2013 `` Two golf clubhouses `` A Nikki Beach Club `` Commercial beachfront facilities `` Approximately 1,500 apartments and villas and 250 plots Other Phases `` c.1,000 residential units `` Retail and leisure facilities `` A 5-star hotel with spa and branded villas operated by Nikki Beach `` Marina and other sports facilities DESIGN A truly integrated residential resort, masterplanned by EDSA. The golf clubhouse and commercial facilities have been designed by Robert AM Stern, who also designed the first phase of multi-family residential units and established the architectural guidelines for custom-built units Venus Rock Golf Resort, Cyprus Dolphin Capital Investors Limited Corporate Brochure 2015 GOLF DESIGN BY TONY JACKLIN Tony Jacklin, four times Ryder Cup captain, winner of the British Open and US Open, has personally helped design the two courses at Venus Rock, influencing every aspect, from the placement of the trees, to the shaping of the fairways and positions of the bunkers. The new courses will be designed to complement the natural characteristics of the area to make the most of the secluded valley setting with views over to the Mediterranean. luxury The birthplace of a new 51 52 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : N O N- C O R E A S S E T S Livka Bay Resort #15 Solta, Croatia DOLPHIN STAKE COMPOSITION `` 100% `` Luxury hotel with 130 rooms and suites `` Approximately 200 private, serviced residences `` 120-berth marina `` Other supporting recreational,sports and retail facilities AREA SIZE `` 63 hectares `` 3 km of seafront LOCATION The bay of Livka on the south end of the island of Solta, off the Dalmatian Coast ACCESS 20 km boat ride from Split International Airport DESIGN WATG ¿¿www.livkabay.com SPECIAL FEATURES One of the first luxury residential resorts on the Dalmatian coast La Vanta – Mediterra Resorts #16 Antalya, Turkey DOLPHIN STAKE COMPOSITION `` 100% La Vanta is a development of over 25,000m2, comprising over 120 villas and townhouses. Phase 1 was completed in 2009 with 41 units already delivered. Phase 2 is currently under construction AREA SIZE `` 8 hectares LOCATION The Antalya region of southern Turkey ACCESS A 1.5-hour drive from Dalaman International Airport SPECIAL FEATURES `` La Vanta development is very close to the well-known beaches of Kaputas and Patara and within walking distance of Kalkan beach `` 5-minute drive to the beach DESIGN Cemal Mutlu & Xavier Bohl ¿¿www.mediterraresorts.com Dolphin Capital Investors Limited Corporate Brochure 2015 53 O U R P O R T F O L I O : N O N- C O R E A S S E T S Aristo Developers Cyprus DCI has a strategic participation of 49.8% in Aristo Developers. Founded in 1983, Aristo is the leading residential developer in Cyprus. 1 `` Large private landowner and one of the largest holiday home developers in Cyprus `` 29 years of development expertise and market knowledge `` Over 3,000 holiday homes sold since 2004 `` Diversified portfolio `` Over 250 projects island wide and 50 projects currently in the market `` Member of the FIABCI International Real Estate Federation & the EU EcoManagement & Audit Scheme (EMAS) `` Extensive international sales network `` Assets of €903 million* `` Liabilities of €456 million, LTV of 33.7% ¿¿www.aristodevelopers.com #1 ROSEMARY RESIDENCES #2 SEA CAVES RESIDENCES 2 54 Dolphin Capital Investors Limited Corporate Brochure 2015 O U R P O R T F O L I O : O U R PA R T N E R S Working together... We partner with some of the world’s most recognised hotel operators, architects and golf operators for the creation of sophisticated leisure integrated residential resorts in emerging markets. On a project by project basis, Dolphin has joint ventured with leading local or international operating and investment partners. Hotel operators `` The Amanzoe at Porto Heli `` The Aman at Playa Grande `` Kea Resort ¿¿ www.amanresorts.com Architects Design: `` The Amanzoe at Porto Heli Design: `` The Chedi (GHM) at Amanzoe ¿¿ www.denniston.com.my `` The Amanzoe at Porto Heli ¿¿ www.ghmhotels.com `` Lavender Bay Resort ¿¿ www.kempinski.com Masterplan and design: `` Pearl Island `` Playa Grande Club & Reserve `` Plaka Bay Resort ¿¿ www.harthowerton.com Architectural guidelines and design of: `` Elements in Venus Rock Golf Resort ¿¿ www.ramsa.com Design: `` The Waldorf Astoria in Sitia Bay Golf Resort `` The hotel in Livka Bay Resort ¿¿ www.watg.com cm M A R L I K www.cemalmutlu.com `` Pearl Island Resort Golf Course Design: `` Sitia Bay Golf Resort ¿¿ www.nicklaus.com Golf Course Design: `` Venus Rock Golf Resort `` Apollo Heights Polo Resort ¿¿ www.tonyjacklin.com Masterplan: `` Eagle Pine Golf Resort `` Apollo Heights Polo Resort ¿¿ www.edsaplan.com Design: `` Port Kundu Resort ¿¿ www.xavierbohl.com `` Sitia Bay Golf Resort ¿¿ www.waldorfastoria.com Signature Golf Course Design: `` The Amanzoe at Porto Heli ¿¿ www.nicklaus.com Design: `` Kea Resort ¿¿ The Oberoi at Scorpio Bay Resort Design: `` The Kempinski at Lavender Bay Resort ¿¿ www.oppenoffice.com Joint venture partner: ¿¿ www.archimedia.com Partner: `` Sitia Bay Golf Resort Design: `` La Vanta Resort ¿¿ www.cemalmutlu.com `` Scorpio Bay Resort ¿¿ www.oberoihotels.com Project partners Joint venture partner: `` The Amanzoe at Porto Heli M `` The Nikki Beach Resort & Spa at Porto Heli `` Venus Rock Golf Resort ¿¿ www.nikkibeachhotels.com Golf course design Golf Course Design: `` Venus Rock Golf Resort ¿¿ www.gmgd.com.au PORPHYRIOS A S S O C I A T E S Resort design: `` Eagle Pine Golf Resort ¿¿ www.porphyrios.co.uk Golf course renovation: `` Playa Grande Club & Reserve ¿¿ www.reesjonesinc.com Golf course design: `` Lavender Bay Resort ¿¿ www.garyplayer.com `` Pearl Island ¿¿ www.ritzcarlton.com Golf course design: `` Apollo Heights Polo Resort ¿¿ www.golf-land-design.com Dolphin Capital Investors Limited Corporate Brochure 2015 We support communities Corporate social responsibility (‘CSR’ ) is embedded in Dolphin’s culture. As such, Dolphin and its Investment Manager consider it their responsibility to mindfully coexist with, and support, the societies and environments where we invest. D O L P H I N C A P I TA L F O U N D AT I O N Dolphin Capital Foundation (‘DCF’) is a non-profit charitable entity set up on 12 December 2007, dedicated to helping the surrounding regional communities and the natural environments where Dolphin invests, by donating to various charitable endeavours. 55 56 Dolphin Capital Investors Limited Corporate Brochure 2015 making a difference PEARL ISLAND The Pearl Island Foundation (the ‘Foundation’), in co-ordination with the regional NGOs and the local community, continues to invest in programmes designed to protect the environment and enhance the local economic and social development of the community at Pearl Island in order to make a significant difference in the lives of the local population. The Foundation seeks to strike a balance between social, economic and environmental development and cultural traditions. 2014 was marked by several milestones in four main themes: 1.Community Relations: Continued developing and executing a strategy to strengthen our relationship with the community. The main goals are to strengthen the social structure and local government, to improve communication and information amongst the community, and to maintain the public infrastructure. To achieve these goals, the Foundation has offered seminars on issues related to peaceful conflict resolution, leadership, teamwork, and community planning and administration. It also offered training in power plant maintenance and started a project for a local newspaper. 2.Education, Culture and Sports: Undertook efforts to improve the standard of local education, investing in the lives of the next generation. In 2014, the programme instituted a new Bachelor Degree in Tourism (grades 10th through 12th) and developed new pavilions to attend to this new group of students. The programme has been designed and developed with the approval and oversight of Panama’s Ministry of Education. In addition, the Foundation remodelled a building for a new Community Development Center. 3.Health and Environment: Promoted the building of environmental and cultural conscience and helped improve access to basic services such as health, sanitation and clean water which is a constant challenge with the local population often unable to travel to hospitals for medical care. In 2014 the Foundation developed a project for solid waste management, continued building sidewalks, and improved the sewage system as well as potable water plant. It also continued supporting a mobile healthcare programme in co-ordination with the Ministry of Health. The programme aims to provide the population with access to healthcare and sanitation. 4.Economic Development: Teamed up with INADEH (National Institute for Vocational Training and Human Development) to provide the community with basic training and marketable skills in vocations such as retailing skills and dress making, that to prepare the community for tourism and hospitality employment and provide a measure of independence and economic empowerment. The Pearl Island Foundation continues to support a mobile healthcare programme in co-ordination with the Ministry of Health. The programme aims to provide the population with access to healthcare and sanitation. The Playa Grande project, through the Playa Grande Foundation, continues developing programmes aimed at the sustainable development of the surrounding communities. THE PLAYA GRANDE PROJECT The Playa Grande project continues developing programmes aimed at the sustainable development of the surrounding communities in its area of influence in the north coast of the Dominican Republic. The focus for this year has been placed on the areas of education and culture with the pursuit of the following key initiatives: 1.A pre-school for over 30 local children in the town of Abreu. The Playa Grande project finances the pre-school programme and runs it in partnership with the Dream Project Foundation. 2.The continued financing of a reading enhancement programmes, in the elementary public school in the town of Abreu, in partnership with the Dream Project Foundation. 3.Sponsorship of surfing competitions and an annual 10k run for regional athletes. 4.Principal sponsor and organising committee member of the Rio San Juan carnival, the main annual cultural event in the region, with its artisanal mask, costume and carnival troupe competitions. The Rio San Juan carnival has developed into a unique cultural event, with all participants integrating a marine theme to their costumes. 5.At the same time, the Foundation has been working to establish a community clinic, which will provide free health coverage to the local community. Efforts are undertaken to create ties with world-renowned hospitals and universities, ensuring that the community clinic covers all primary care needs of the community. Designed and produced by Boone Design www.boonedesign.com D O L P H I N C A P I TA L INVESTORS LIMITED VA N T E R P O O L P L A Z A , 2ND FLOOR, W I C K H A M S C AY 1 , ROAD TOWN, TORTOL A, BRITISH VIRGIN ISL ANDS w w w. d o lp h in c i . c o m