CC Trust Group AG, a family office owned by the Swiss serial entrepreneur Claudio Cisullo, and Romanian property developer One United Properties, owned by local entrepreneurs Victor Căpitanu and Andrei Diaconescu, have launched a global private equity firm in Switzerland.
The recently established CC@ONE Properties Invest AG is an exclusive partnership that will draw upon over 20 years of experience of CC Trust Group in international corporate finance and will build on One United Properties’ track record.
The strategy of the business will be to directly invest in residential, office, and commercial real estate developed by One United Properties in prime locations across the Romanian capital Bucharest. It will provide investors with exposure to high quality international real estate in one of the fastest-growing EU economies, thus offering diversification, low volatility, and limited correlation with equity markets.
“Bucharest is among Europe’s largest cities and one of its major back-office centres. Accordingly, the demand for premium private and commercial real estate will continue to outpace supply. We currently own over 200,000 sqm of land in the most exclusive areas of the city and will develop further with a gross development value of more than €1.1 billion,” Victor Căpitanu, Co-Founder and Co-Owner of One United Properties commented.
“We will provide a unique investment opportunity based on my experience as private real estate investor in Romania, where I already own a sizeable portfolio of high-yield, well-performing premium residential properties,” Claudio Cisullo, who serves as Chairman of the newly established firm added. “We address several major pain points of the current low and negative interest rate environment, where many businesses reduce or even eliminate dividend payments for the foreseeable future. Against that challenging background, we will deliver steady income from a high-growth market, while enabling investors to regionally diversify within the EU’s rule of law. Plus, the firm is managed by a dedicated team of longstanding, passionate, hands-on entrepreneurs.”
CC Trust Group AG is a Swiss-based family office engaged in investing, growing, and managing businesses both in Switzerland and internationally since 1997. Its current portfolio comprises 14 wholly-owned companies and equity participation across the biotech, commodities, leisure, pharmaceuticals, professional services, property, and technology sectors. It has been involved as a direct investor in Romania since 2017 and owns a sizeable local property portfolio while running its own local property management and servicing firm.