FOR IMMEDIATE RELEASE
Marc Deschenaux Launches CHR Corporation to Lead NIKOLA Project, Advancing Vision of Sustainable Luxury Development in Croatia
New York, July 16, 2021 — The Swiss non-bar lawyer, Marc Deschenaux, a globally recognized expert in corporate finance, incorporated CHR Corporation to take over and advance the NIKOLA Project, originally initiated by CHR Eko-Projekt AG, on the initiative and under the leadership of Jean-Paul Uldry, a brilliant Swiss entrepreneur, and managed by Jérôme Mariethoz, a Swiss top executive. The project’s architectural design and construction plans have been realized by renowned Croatian architect Nikola Bašić.
The NIKOLA Project is envisioned as a landmark luxury resort and marina development on the Adriatic coastline near Šibenik, Croatia. This area is celebrated for its natural beauty, proximity to two UNESCO World Heritage sites, and neighboring national parks. The development aims to integrate high-end residential, hospitality, and recreational facilities within an environmentally protected zone, reflecting a commitment to sustainable and culturally respectful design.
CHR Corporation, registered in Delaware with a Swiss representation in Blonay, Vaud, is dedicated to acquiring and developing real estate in prime global locations. The company’s focus is on creating community-friendly Greenfield projects that are generally intended for lease, emphasizing sustainable development and local cultural integration.
In February 2022, CHR Corporation secured a significant financial milestone by closing a USD 150 million anchor investment deal with Calfin International, facilitated by Swiss Financiers Inc. This investment is intended to fund various real estate projects, beginning with the NIKOLA development. The partnership with Calfin International is expected to play a pivotal role in finalizing CHR’s Initial Public Offering (IPO) later this year, enabling the company to progress with the next stages of the NIKOLA Project’s development.
“NIKOLA is a truly unique project that will embed the ultimate in luxury within one of the most beautiful and natural settings on earth,” said Christian Frampton, Co-Founder and CEO of Swiss Financiers Inc. “We are honored to have our dear friends at Calfin as an anchor investor.”
Marc Deschenaux, Co-Founder and Chief Legal Officer of Swiss Financiers Inc., added, “We are delighted to have Calfin assume a key role in this landmark deal and look forward to a long and close relationship for many years to come.”
CHR Corporation’s leadership team brings extensive experience in finance, investment, and real estate development. The company’s strategic approach combines financial expertise with a commitment to sustainable and culturally integrated development, positioning the NIKOLA Project as a model for future luxury developments worldwide.
About CHR Corporation
CHR Corporation is a real estate development company focused on acquiring and developing properties in highly attractive global locations. The company specializes in creating community-friendly Greenfield projects intended for lease, with an emphasis on sustainability and cultural integration. CHR Corporation is currently leading the development of the NIKOLA Project, a luxury resort and marina on the Adriatic coast of Croatia.
