Talk:Palacin Holdings

During a visit to Venceia, Caphiria in 1973, Caphirian Crown Prince Raphael, convinced Burgoignesc Crown Prince Maurice Palacin to buy up land in an underdeveloped coastal town that Raphael hoped to turn into a mecca for beach-side discotheques and the party culture in general. The impressionable Burgoignesc prince, bewildered by the grandeur of the Caphirian court set about the creation of a real estate investment firm. The following year, Raphael was crowned as the Imperator and invited Crown Prince Maurice Palacin as a guest of honor. Caesar Raphael used the Burgoignesc money as well Caphirian investments and turned Malta into an Ixbiza.

Maurice continued his investment in Malta until his death in 2002. In 1987, his son Crown Prince Pasqual took over the ownership of the company and began diversifying their assets. At first, he expanded the real estate holdings into other countries but by the late 1990s he was also consolidating the royal stakes in companies and their stocks under the Palacin Holdings banner. When Pasqual took over from his father, he greatly expanded the companies power by putting the royal families inherited lands under the company's assets and making infrastructure investment, lending and wealth management for other nobles a part of the company portfolio.

Subsidiaries and brands

 * BurgunArms Hospitality Group
 * Royal Crest Land Bank
 * Trireme Investments