The company received authorisation 22 October 2015 from the Ministre d'Etat to buy and sell properties in Monaco.
Close to € 18 million was invested in a number of properties. Renovation and decoration has been carried out by a local firm of high standing to produce quality apartments.
The investment project has been very profitable and three apartments have been sold with great success.
See an extract of the official report for the price development in real estate in Monaco over the past 10 years by IMSEE Monaco Statistics here.