–Names Martin Scholz Chief Sales Officer; Will Manage New Stuttgart Office
–Stuttgart Office proves German capital market activities
MONTREAL, December 28th, 2015 (GLOBE NEWSWIRE) — ROI Land Investments Ltd. (OTC: ROII) (“ROI” or the “Company”), a diversified real estate land development investment company, today announced it is expanding fund raising and capital markets activities in Germany to take advantage of the strong appetite for real estate investment opportunities among sophisticated investors.
As part of their international growth strategy, ROI has opened an office in Stuttgart that will serve as a hub for its German operations. Martin Scholz, who is being promoted from Vice President of Investor Relations to Chief Sales Officer, will manage the office, which initially will have 5 employees.
ROI is aware of the favorable financing conditions in Europe and has mandated an experienced financial consulting company to provide advisory services related to the German capital markets. The consulting firm is currently conducting due diligence and preparing a pitch deck for a potential debt and equity raise. As part of ROI’s strategy, the firm is also examining an uplisting to a major U.S. exchange and/or secondary listing on an international exchange such as the Frankfurt Stock Exchange to meet investors needs for higher transparency and liquidity.
Sami Chaouch, Chairman of ROI Land Investments, said: “The actions we are announcing today greatly strengthen our capabilities in Germany. With Martin at the helm of our Stuttgart office, we are confident we can successfully execute an ambitious funding program in the country. Since joining ROI, Martin has been instrumental in establishing our presence in Germany, leveraging his extensive network of contacts and financial sales experience to generate interest in our Company. His expanded role reflects the confidence we have in him to direct our debt and equity fundraising activities in Germany.”
About Martin Scholz
Mr. Scholz joined ROI in 2015 as a Vice President, Investor Relations after spending 20 years as a financial consultant for Deutsche Bank and a regional director for the broker’s mobile sales force. While at Deutsche Bank, Scholz managed a team of financial advisors and was responsible for providing a range of financial and estate planning services to individuals and families. Additionally, he was involved in organizational planning, strategic management and advising entrepreneurs on how to successfully develop their businesses.
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.