MONTREAL, Jan. 22, 2016 (GLOBE NEWSWIRE) -- ROI Land Investments Ltd. (OTC: ROII) ("ROI" or the "Company"), a diversified real estate land development investment company, today announced it has engaged Gulf Central Agency Asset Management ("GCA"), a London-based investment management and corporate finance advisory firm, to assist ROI in establishing a London presence and introduce the Company to GCA's global client base. In addition, Dr. Slim Feriani, Chairman at GCA, has been appointed Chief Investment Officer ("CIO") at ROI to further enhance the Company's capabilities.
Sami Chaouch, Executive Chairman of ROI, commented, "Working with GCA will greatly strengthen our presence in Europe and enable ROI to execute an ambitious funding program for our international projects. GCA offers a breadth of knowledge about investments, including packaging and managing real estate operations. We will rely on their expertise as we explore ways to create value for the holders of our securities. To support these efforts, we have also appointed Dr. Slim Feriani as CIO. We have great confidence that Slim's extensive investment and capital markets experience will help ROI achieve its business objectives."
"We are delighted that ROI has selected us for this important mandate and proud to be a part of the Company's exciting journey," said Hakim Azaiez, Managing Director and Head of Investment at GCA Asset Management. "This announcement not only reflects the confidence we have in ROI's management team but also underscores our commitment to our international clientele. We believe that ROI offers a unique investment strategy, filling an underserved niche in the real estate development process. Through this engagement, our clients will be able to capitalize on the Company's unique approach."
Dr. Feriani commented, "I am excited to join ROI at this stage of its development. I look forward to contributing to the Company's ongoing efforts in establishing it as a premier niche real estate player with a global footprint."
About Dr. Slim Feriani
The current Chairman and CIO of GCA, Dr. Feriani brings 20 years of global investment experience. Prior to his current roles, he was Managing Partner and CEO of MENA Capital, a London-based investment management company focused on the stock markets of the Middle East and North Africa. From 2005 to 2014, he held the roles of Executive Chairman, CEO and CIO at Advance Emerging Capital ("AEC"), where he managed funds investing in emerging and frontier markets. During his tenure at AEC, Dr. Feriani also analyzed and invested in several real estate funds and projects in various countries. Prior to that, he worked at Martin Currie Investment Management and Nomura International. Dr. Feriani holds an MBA and a Ph.D. in Finance & Investments from The George Washington University, where he taught Finance and International Finance for seven years and currently serves on the board of its business school.
About GCA Asset Management
Founded in 1976, Gulf Central Agency Asset Management is a London-based investment management and corporate advisory firm. GCA Asset Management seeks to maintain a profitable partnership with its clients and aims to exceed clients' expectations by providing a service at the highest possible standard. GCA Asset Management offers clients a diverse and full range of investment advisory products including equity, fixed income, liquidity and alternative strategies. Our objective is to manage focused investment strategies that are responsive to client needs while delivering long-term value.
About ROI Land Investments Ltd.
ROI Land Investments (OCTQB: ROII) participates in the early stages of real estate development. The Company acquires raw land free of zoning restrictions located in geographies positioned to benefit from unique economic catalysts. ROI also manages the permitting process, oversees the construction of infrastructure and works closely with established developers to bring the projects to completion. The Company has projects underway throughout North America and the UAE.
Investor Contacts:
KCSA Strategic Communications
Brad Nelson / Elizabeth Barker
212-896-1217 / 212-896-1203
bnelson@kcsa.com / ebarker@kcsa.com
HUG#1979783