Azurite is a privately-held property and investment management company currently focused on investing in the luxury residential sector of the Monaco real estate market.
The Azurite team of professionals has years of experience in creating positive ROI’s through the purchase of off plan properties and the development/ refurbishment of existing ones within one of the fastest growing and unique property markets in Europe.
The Azurite team, working with experienced partners, identify opportunities, invest decisively and deliver exceptional returns through a focus on quality. Please note past experience is not a reliable indicator of future results.Our offering
When you invest through Azurite, the funds raised from the bond are then ultimately used to invest in Monaco real estate projects
Azurite Limited intends to take advantage of the following investment opportunities:
To purchase residential real estate from developers of new Monaco based projects “off plan”.
To purchase residential real estate, add value through development and refurbishment.
First legal charge over property assets
Good fundamentals – Location, Configuration, Specification
Target IRR of 30% per development
12 months target project turnaround
Azurite was founded by Nigel Robertson, an experienced entrepreneur known for starting and floating directory service Scoot.com which achieved a market cap of £2.5bn. Robertson was also the largest seed investor in online retail giant ASOS, currently valued at over £3bn.
With an eye for investments and over 20 years living in Monaco, Robertson understood the opportunity in the region’s property market firsthand. Having assembled an expert team of professionals, the Azurite bond was launched opening up Monaco’s unique and typically inaccessible market to a wider audience of investors for the very first time.
A serial entrepreneur and investor, over a 40 year period John’s commercial experience has included starting and acquiring companies involved in hotels, recruitment, tour operating, transport/warehousing and property.
Most notable company exits were in 2008 Gullivers Sports Travel to TUI Travel and in 2012 Atchison Topeka Transport to Bibby Logistics. Now based in Monaco, John’s interests predominantly lie in logistics and property.
Fund administrators & Accountants
Praxis IFM has the expertise and multi-jurisdictional capabilities to establish and administer efficient structures. 450 employees and $38bn under management. They administrate the Azurite group of companies ensuring the highest level of corporate governance is maintained.
Azurite companies and More Group have entered into the Security Trust Deed in which More Group as the Security Trustee holds the security created by Azurite through the purchase of property for the benefit of Bondholders. Azurite companies have entered into a fixed and floating charge over all its present and future assets pursuant to the Group Security Documents.
Azurite has partnered with one of the most highly regarded renovation management companies in the Principality, Monaco Projects. The two founders of the companies Nigel Robertson and Rozz Marcel have built a high level of mutual respect and understanding going back over 20 years of living and working in Monaco.
Monaco Projects has managed over 100 Monaco based property renovations and has recently added interior design to its product offering. They have an in-depth understanding of Monaco's property planning requirements, resulting in fast tracking authorisations. They work with extremely talented teams of architects, builders and traders, ensuring projects are delivered on time and within budget.
Monaco Projects brings the level of experience and expertise required for Azurite to deliver positive returns on its development/refurbishment investments.www.monacoprojects.com