The group’s international real estate investment strategy revolves around investments in the most suitable and profitable opportunities. Racetinovac Bay is one such project where a niche opportunity was identified to enter the Croatian leisure resort development arena.

The Racetinovac Bay is spread over 7.92 Hectares of prime coastal land on the island of Ciovo for tourist resort development.  It is situated in the heart of Croatia’s Dalmatian coastal archipelago, 15 km from the administrative centre of Split and 2 km from the popular tourist town of Trogir. Split airport is less than 30 minutes drive from the site.

This is Select Investment’s private equity transaction with Projekt Adria Trogir doo (PAT), a Croatian domiciled property company which is owned by seasoned investors from London. The land is currently being marketed to international investment houses.