ROI Land Investments is a diversified real estate investment
company specializing in land development. The company’s primary focus is on
acquiring vacant properties in areas that are free from zoning restrictions.
Following purchase, ROII obtains the necessary permits, outsources the
development of infrastructure and sells subdivided land units to large regional
developers for a profit.
In June, the company took a significant step toward
continued growth through the acquisition of its first development target in the
United States. The property encompasses 220 acres of land and water rights in
Evans, Colorado, on which ROII plans to develop residential housing. Beginning
in 2016, the company will initiate development of approximately 1,200 lots
featuring a mix of housing units – including single family homes, town homes,
duplexes, triplexes and condos.
“The development opportunity in Evans is consistent with
ROII’s strategy to target markets that have a strong economic outlook and a
shortage of high-quality, affordable housing,” Philippe Germain, president of
ROII, stated in a news release. “By taking advantage of the opportunity to
acquire land at a price below its appraised value, we expect to generate a
significant return for shareholders, while delivering sought after quality
housing.”
Upon completion of its Colorado project, ROII will be in a
formidable position to capitalize on the area’s sustained job growth, which,
according to the Department of Labor, has been among the strongest in the
nation. In July, the company demonstrated the marketability of its project by
announcing a binding agreement to sell approximately one-third of the project
to a well-respected local construction firm following development.
ROII has also made strides toward international growth in
recent weeks. Through an agreement with Sobha Hartland, a multinational,
multi-product real estate developer, the company cleared the way to acquire
three prime plots of land in an upcoming $4 billion mixed-use project located
in the heart of Dubai. This deal marks ROII’s first venture in the Middle East,
effectively broadening the company’s geographic reach and promoting strong
financial growth in the future.
For more information, visit www.roilandinvestments.com
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MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
