Camper & Nicholsons Marina Investments Limited (CNMI) is a closed-ended investment company registered and incorporated in Guernsey
CNMI raised €50m for the acquisition, development, redevelopment and operation of an international portfolio of both new and existing marinas and related real estate in the Mediterranean, the Caribbean and the United States.
Current research indicates that demand continues to exceed supply for marina berths. At the same time new marina development is restricted due to geographical limitations, development costs, and environmental and planning rules: a position likely to have been exacerbated by the difficult economic conditions evident since 2008.
Over the past few years there has been an explosion in global yacht production and consequently demand for marina berths has increased, resulting in a steady rise in berthing rates, particularly around the Mediterranean.
CNMI aims to consolidate a highly fragmented market and deliver a compelling investment case for marinas as an undervalued asset class.
The addition of the third party marina management and consultancy businesses, with low capital requirements, alongside the establishment of CNFE, is expected to improve the balance of the business portfolio.
- Three strategic large scale modern marinas fully operational since 2010
- A growing third party marina consultancy business
- An experienced management team with interests fully aligned with shareholders
- Camper & Nicholsons a leading global brand in the sector