Itacaré Capital Investments Ltd.
| London Stock Exchange: ITA
Itacaré Capital Investments Ltd. is a closed-end real estate investment company focused on tourism-real estate developments in Brazil. The company invests in projects at an early development stage or in strategic land sites that can be acquired at a discount to open market value at current usage. It focuses on beachfront parcels with particular geographic characteristics that maximize sea views and reduce the need for expensive landscaping thus translating into higher margin. The company was founded by Pedro Paolo Simao de Miranda on April 27, 2006 and is headquartered in Road Town, British Virgin Islands.