Swiss Developer Lures Investors to Back Croatian Resort Plan
- TFI Holding may start construction on Adriatic coast in 2017
- Brad Pitt may be among potential investors, CEO says
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Swiss developer TFI Holding SA is luring investors to Croatia to take part in a more than 800 million-euro ($898 million) project to build a resort on the Adriatic coast, its chief executive said.
The Wollerau, Switzerland-based closely-held company bought 110 acres (450,000 square meters) of land in Zablace, near the historic town of Sibenik, for 60 million euros and plans to purchase an additional 40 acres to develop a luxury resort with hotels, villas, shops and a marina, as well as a clinic and a school, Jean-Paul Uldry said in an interview in Zagreb earlier this week.