- Cirro Capital is gearing up for round of significant portfolio expansion as it forges ahead with plans to look into acquiring Real Estate projects in France, Portugal, Hungry and Germany with major real estate partners.
KUALA LUMPUR, Malaysia, April 18, 2018 /PRNewswire/ -- In April 2018, Cirro Capital's CFO, Mr. Edward met with Mr. Christophe Zeller, President of AREAL Group, to explore possible collaboration opportunities in the field of land acquisition and real estate development.
AREAL Group is an independent group of companies that specialized in real estate investment and financial support for individuals and professionals in France. Their core expertise lies in restoration, residential and commercial property.
The growing prominence of Belt and Road Initiative globally is having a significant impact on France real estate markets stemming from growing demand in tourism, manufacturing and office space. Cirro Capital is seeing an uptick in demand from occupiers looking for space in the Belt and Road markets.
Mr. Edward said during the recent meetup that low rental costs with high rental yields accompanied with consistent capital growth and political stability make France an ideal investment choice.
Cirro Capital Limited, a Malaysian-based investment and financial services company whom recently invested USD7.2 million into two palm oil plantations in Malaysia and Indonesia in November 2017 has set its sights to further expand its portfolio. This potential partnership between two companies has the potential to fuel amazing growth and success opportunities for both partners.
The Belt and Road Initiative will stimulate growth in the western region, creating demand for real estate and serviced apartments and increasing overall consumer spending that Cirro Capital is well-positioned to take advantage of these opportunities.
