Introducing Cosmopolitan Estates, Ltd. A New Residential Real Estate Development Company

Oct. 15, 2009 - PRLog -- ZURICH, SWITZERLAND - Company spokesperson and president, Michael Rimbeck this week announced the formation of Cosmopolitan Estates, Ltd. (Cosmopolitan), a new real estate development company that will plan and develop high-end, high-design, state-of-the-art, sustainable residences and resorts throughout Europe and Asia. With its own unique brand of real estate that seamlessly blends the best in life, style, and environment, Cosmopolitan’s varied portfolio offers the global elite an unparalleled selection of stylish and sustainable pied-à-terres in some of the most desirable locations on the planet.

“We have identified a new niche in the high-end market,” explains Cosmopolitan president, Michael Rimbeck. “People who seeks inspiration in the places in which they dwell, play, and rest, who are also ecologically conscious at the same time. Cosmopolitan’s goal is to provide this select group exactly what they demand. Places that inspire, without leaving a large carbon footprint on the earth.”

Cosmopolitan will cover the whole scope of high-end property development from location scouting and planning, to design and engineering, to construction and project management, through execution, asset management, and sales. The company is partnered with internationally renowned design brands from across different industries, including tec architecture and Marcel Wanders and United Investors to ensure that Cosmopolitan will offer clients and investors an experience far beyond what is offered in the high-end market today.

The company currently manages over $100 million in assets owned by the Cosmopolitan Group of Funds. This includes properties in Hamburg and Munich, Germany; Mallorca, Spain; Phuket, Thailand; Luang Prabang, Laos (recently rated one of the world’s best cities by Travel & Leisure magazine).

Cosmopolitan is also deeply committed to sustainable architecture and proactively integrates progressive sustainability principles into its business model. To ensure that all projects have a minimal carbon footprint, the company works closely with world class engineers and designers from the outset to integrate state-of-the-art technology as well as proven traditional methods such as solar, wind, geothermal, water, and waste recycling systems. Cosmopolitan projects are backed by a lifecycle eco analysis and rated by international eco-rating agencies. The goal is to achieve the highest possible rating, either BREEAM Excellent or LEED Platinum, whenever possible.

“We see an opportunity to provide discerning buyers with distinctive properties to match their lifestyles,” notes Rimbeck. “There is no reason that luxury and sustainability should be mutually exclusive. “We believe firmly that extraordinary, sustainable architecture has the potential for good long-term ROI, for both our investors and our buyers.”

Cosmopolitan has just completed construction on the first of a series of luxury villas in Mallorca known as the Platinum Estates. The company is slated to break ground on two additional villas before the end of the year and is currently accepting investment for two more. Cosmopolitan has also broken ground on a state-of-the-art eco resort in Phuket, Thailand.

About Cosmopolitan Estates (www.cosmopolitan-estates.com)
Cosmopolitan Estates, Ltd. (Cosmopolitan) is a high-end residential real estate development company that specializes in planning and developing AAA residences and resorts throughout Asia and Europe. At the heart of Cosmopolitan’s success lies an international network of renowned architects, engineers, interior designers, and lifestyle brands. Working closely with partners, Cosmopolitan offers investors and clients high style with low environmental impact.

MEDIA CONTACTS:
Haily Zaki
haily@secretagentpr.com | tel: +1.323.712.0298 | skype: secretagentpr
Gillian Bayley
gillian.bayley@cosmopolitan-estates.com | tel: +34.971.684.014 | skype: cosmopolitan_estates

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