
Istria 2018: Wave of huge investments beneficial for your real estate
Alwaleed bin Talal
Alwaleed bin Talal, a shareholder of Citigroup, Apple, News Corp., Twitter and many other companies, with his net worth of over 30 billion US dollars, is still considered to be one of the richest man on the planet and the wealthiest investor in all of the Middle East.
Apart from been recently involved in an anti-corruption crackdown, he expressed his interest in Croatian investment opportunities in tourism and shared his positive outlook on Croatia and its coast.
Commercial Bank of China
Industrial and Commercial Bank of China has set up a 11 billion dollars fund to invest in Central and Eastern Europe. If you fit this money in a room it would probably reach the ceiling.
Currently the fund invests in projects in Poland, however the fund has already contacted the Croatian government with a request of presenting them some companies to invest in or projects. The fund is being run by Sino-CEE Financial Holdings Ltd.
Sveta Katarina – Monumenti
The first investment listed of 2018 is over 65 mln euro, spent on a resort and marina “Sveta Katarina – Monumenti”.
This investment increases the interest of other infrastructure investments, easing the access of wealthy tourists that wish to reach the peninsula by boat through the Adriatic sea. The area also offers many luxurious 4-5 star hotels to accommodate those tourists and also luxurious villas and properties so that they can enjoy their stay.
Danko Končar
The investor – Danko Končar, known as the “ the king of Croatian shipbuilding ” – which has companies located all over the world, could invest his 65 mln euro anywhere, but he chose Istria.