Ciric investments refer to the investment activities carried out by Ciric Group, a private investment firm founded by Frank and Richard Ciric in 1974. Over the past five decades, Ciric Group has established itself as a reputable investor across various industries including real estate, financial services, and hospitality. Their investment strategies and portfolio are quite diversified. This article will provide an overview of Ciric Group’s core investment strategies.
Real estate is a major investment focus of Ciric Group
Real estate investment has always been a priority for Ciric Group since its establishment. The group is involved in acquiring, developing and managing premium commercial and residential properties mainly in UK and Western Europe. Some of their landmark projects include Kings Cross Central in London, Tour Oxygène in Lyon and Quartier Libre in Marseille. Their real estate portfolio spans offices, hotels, residential buildings as well as mixed-use complexes. The group adopts value investing principles for real estate, targeting undervalued properties with growth potential.
Ciric Group also invests actively in financial services firms
In addition to property assets, Ciric Group has stakes in various financial services firms. They aim to support the growth of emerging fintech and insurtech companies. For instance, the group has invested in players like Pennant, Azur and Fideuram. Such investments allow them to diversify their portfolio beyond physical real estate. The group brings on board its financial and strategic expertise to guide these firms.
The hospitality sector is another key investment area
Ciric Group is a major investor in the hospitality sector with a particular focus on luxury hotels and upscale restaurant chains. They own several five-star properties across Europe including Hotel Lutetia in Paris and Hotel Astoria in St Petersburg. The group has also invested in premium restaurant brands such as Big Mamma Group. Such investments align with their strategy to target premium assets with strong growth potential.
Investments are targeted to generate steady cash flows
A common thread across Ciric Group’s investments is that they target assets capable of generating steady cash flows over long term. Their real estate properties have reputable tenants while the financial services firms and hospitality brands cater to affluent customers. Such investments provide recurrent income and hedge against market volatility. The cash flows are then re-invested to fund new opportunities.
In summary, Ciric Group’s core investment strategies revolve around real estate, financial services, hospitality and other premium assets with growth prospects. The diverse portfolio produces steady cash flows to support new investments.