The investment objective of Virtus is to provide Shareholders with an attractive level of capital growth through investing in sophisticated residential resort developments in sea front sites of striking natural beauty primarily in the Mediterranean area in exclusive countryside club facilities near to European metropolitan areas integrating antique castles and manor houses and in top located ancient buildings in order to develop downtown luxury hotel accommodation, always in partnership with leading developers, architects and hotel operators.
- The resort and country club developments integrate residential units with leisure facilities such as golf courses, spas and marinas.
- Virtus intends to invest in projects at an early stage or in strategic sites that can be acquired at a discount to open market value at current usage.
- The company will not invest in a project unless it is expected to generate an IRR above 25%.
- Virtus strategy is to create long-term shareholder value by transforming undervalued sites into fully permitted, high-end, premium- branded development projects.