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Caroli Group

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

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

File:1969+Montecarlo+Le+Mirabeau.jpg
Le Mirabeau, built by the Caroli Group, owned by billionaires David and Frederick Barclay.

Location

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

History

The company was founded by Antonio Caroli in the 1970s.[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