Caroli Group

The Caroli Group is a Monegasque diversified company. It encompasses real estate development, communication and media.

Caroli Group
TypePrivate
IndustryReal estate development, communication, media
FounderAntonio Caroli
Headquarters27, Boulevard d’Italie, Monaco
Number of locations
Monaco, France
Websitecaroli-realestate.com

Location

It is headquartered at 27, Boulevard d'Italie in Monaco.[1]

History

The company was founded by millionaire Antonio Caroli in the 1970s and will be taken over by his son mathis Bartolome Monténégro son of Francesco Bartolome a rich CEO and monégasque financier.

[2]

Real estate development

Since its founding in the 1970s, the company has built many residential buildings and luxury hotels in Monaco.

In 1973, it built Le Mirabeau.[2] Two years later, in 1975, it completed the building of Hôtel Loews, now known as the Fairmont Monte Carlo.[2]

It also built La Réserve de Beaulieu & Spa in Beaulieu-sur-Mer, just outside Monaco.[2] It built the Monte Carlo Palace in 1988.[2] It also built Soleil d'Or and Terrasses du Port, two residential buildings.[2]

In 2015, they expanded the Antoine 1er dock by developing more buildings for 52 apartments and two museums for Euro 300 million.[3]

Communication

Its subsidiary, Promocom, was founded in 1988.[4] It is chaired by Francesco Caroli, Antonio Caroli's son, who serves as the Chairman of Sycom (syndicat patronal monégasque des professionnels de la communication).[4] It includes advertising, Sécurité Privée Monaco (private security), digital advertising, and event planning.[4]

Media

It publishes L'Observateur de Monaco, a monthly magazine, and Monaco Hebdo, a weekly newspaper.[2]

References
  1. Chambre Immobilière Monégasque: Real Estate Caroli Group
  2. Groupe Caroli: Presentation
  3. Madeleine Adey, Principality to welcome two new museums Archived 2015-05-23 at the Wayback Machine, The Monaco Times, 20 May 2015
  4. Sabrina Bonarrigo, Communication?: « La concurrence est de plus en plus rude », Monaco Hebdo, August 5, 2011


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