We didn’t IPO. We did something cooler first.
After 15 months of grueling work, thousands of pages of documentation, countless hours of calls and on-site visits, and audits across three countries, we finally did it. Samaná Land Trust, part of Samaná Group Holding, is now the first Dominican (and Caribbean) REIT securitized under Swiss capital-market infrastructure — with a Swiss ISIN and custody at SIX SIS (Swiss Exchange Group).
Why is this big?
The real estate financing market is usually local. European and American Investors trust what’s close to them and avoid what they can’t understand. On the other hand, In the Dominican Republic, access to capital is tough. Big Local private investors want control. Banks charge 10–15% interest, if they even consider a young company with foreign founders. And the bad players ruined trust in crowdfunding for everyone.
I always believed we could build a Caribbean real-estate project that would earn the trust of the most regulated financial markets — the kind of project that could pass every audit, checklist, and compliance test in Zurich, London, or New York. So we set out to do what seemed nearly impossible: take a Caribbean project and make it meet the standards of the Swiss financial system, where only the safest, most transparent structures are approved.
The work is far from done.
This is just the first of three trusts we’re building to make our vision of a private town a reality, alongside the upcoming Development Trust and the Rental & Utilities Management Trust. This first one was the hardest. We had to earn recognition, build credibility, and prove that a project born in the Caribbean could meet the highest global financial and sustainability standards. From here, it gets easier — because the foundation of trust and transparency is now in place. This milestone isn’t just about financing. It’s the first real step toward building a self-sustaining private town — one that lives in harmony with nature, innovation, and long-term value.
The Samaná Landbank Trust, a Dominican Fideicomiso Inmobiliario, has become the first Dominican and Caribbean real-estate trust securitized through Luxembourg & Swiss financial-market infrastructure, creating institutional-grade, internationally custodied access to one of the Caribbean’s most promising growth regions.
The transaction was arranged and structured by Estating Group (Luxembourg) and executed via its securitization platform Estating Property Vault S.A. (EPV).
EPV acts as issuer, transforming the Samaná Landbank Trust’s underlying investments into fixed-income securities with a Swiss ISIN. ISP Securities Ltd acts as paying agent and the Securities are held in custody at SIX SIS (the Swiss Central Securities Depository), part of Switzerland’s national capital-market infrastructure.
This setup allows accredited investors worldwide to subscribe directly through their private banks or brokers and hold the securities in standard custody accounts. A dedicated loan-note program is also available for qualified U.S. investors.
Locally, the Fideicomiso Samaná Landbank Trust is managed by FiduCapital S.A., a licensed Dominican trustee. Allen & Overy Shearman provided legal advise to EPV on investment and securities documentation, while PwC serves as auditor to EPV.
This structure bridges Dominican real-estate development with European securitization and Swiss custodial standards — transforming a regional landbanking initiative into an internationally transferable investment security, accessible through regulated investment advisors and financial institutions.
“We are extremely proud to have achieved this milestone. Turning a Caribbean landbank into an institutional-grade investment, approved for custody within one of the world’s most regulated financial systems, is a first of its kind.
Starting today, investors worldwide can subscribe to the Samaná Landbank Trust securities directly through their banks and have the bonds booked into their portfolios.”
— Marek Zmysłowski, CEO, Samaná Group
“As Arranger, Estating led the structuring and securitization of this landmark transaction — the first executed under our Estating Emerge-Bridge © framework- connecting emerging-market real estate to global capital markets.
Through our integrated platform, the Samaná Landbank Trust became an institutional-grade, globally bankable investment — a showcase of how real estate from emerging markets can meet European and Swiss financial standards.
This milestone, achieved in excellent collaboration with Samaná Group, demonstrates the dual advantage of our model: giving international investors access to curated opportunities otherwise out of reach, and enabling local asset partners to connect directly with regulated global capital.”
— Martin Halblaub, Founder & Chairman, Estating S.A.
This achievement positions Samaná Group and Estating as pioneers in the cross-border securitization of Caribbean real-estate assets — aligning local development with Luxembourg & Swiss-grade transparency, regulatory integrity, and global investor access.
Learn more: https://samana-group.net/samana-land-trust/
About Samaná Group
Samaná Group is a Dominican-based developer creating sustainable, low-density communities and land-banking opportunities across the Samaná Peninsula.
Through innovative trust and investment structures, the Group connects global investors to one of the Caribbean’s most dynamic and ecologically preserved regions.
www.samana.group
About Estating
Estating Group, headquartered in Luxembourg, is the first vertically integrated Real Estate Wealth Management Platform built specifically for regulated investment professionals — Wealth Managers, Financial Advisors, and Family Offices.
Estating transforms real estate into institutional-grade, portfolio-ready, bankable, and lifecycle-controlled investment products, enabling seamless integration into private-wealth strategies worldwide.
All third-party institutions mentioned are identified solely in reference to their factual roles within the transaction. No endorsement or commercial association is implied
Marek Zmysłowski Blog 
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