Itacare Capital Investments Ltd Annual Report and Accounts (4375G)
29 Junho 2012 - 3:01AM
UK Regulatory
TIDMITA
RNS Number : 4375G
Itacare Capital Investments Ltd
29 June 2012
Itacare Capital Investments Ltd ("Itacare" or the "Company")
Annual Report and Accounts
Itacare announces that the Company's Annual Report and Accounts
for the year ended 31 December 2011 has been posted to shareholders
and may also be viewed on, or downloaded from, the Company's
website www.itacarecapital.com
For further information:
Itacare Capital Investments Tel: +44 (0)20 7245 4632
Chairman, Michael St.
Aldwyn
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Itacare Capital Partners Tel: +55 11 2678 0800
Investment Manager, Pedro
de Miranda
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Duet Private Equity Tel: +44 (0)20 8959 8534
Investment Advisor, David
Mattey
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Cenkos Securities Tel: +44 (0)20 7397 8900
Stephen Keys, Adrian Hargrave
(Nominated adviser)
Russell Kerr, Alex Aylen
(Sales)
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Redleaf Polhill Tel: +44 (0)20 7566 6720
Emma Kane, Henry Columbine E: itacare@redleafpolhill.com
------------------------------- -------------------------------
Notes to Editors:
-- Itacare Capital Investments Limited is a real estate
investment company focused on tourism-real estate developments in
Brazil. The Company acquires large parcels of land at strategic
locations that can be developed and sold to end users with the
intention of achieving a minimum IRR of 25 per cent.
-- The Company invests in projects at an early development stage
or in strategic land sites that can be acquired at a discount to
open market value at current usage.
-- Itacare Capital focuses on beachfront parcels with particular
geographic characteristics that maximize sea views and reduce the
need for expensive landscaping thus translating into higher
margin.
-- Itacare Capital aims to create a development that is better
than the best quality development in the local area in order to
achieve maximum pricing power.
-- Itacare Capital focuses on high quality residential
developments that typically include a number of holiday or second
home units, luxury hotels and leisure components. Approximately 70%
of our portfolio is targeted to domestic buyers.
-- Further information is available at www.itacarecapital.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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