Mint Investments Launches Central Europe Property Fund
Mint Investments, a central European developer formerly known as CEC Capital, has launched a closed-end property fund to invest in core and core-plus commercial real estate in central Europe. Mint Central Europe Property Fund will be the firm’s third fund to be set up in cooperation with Avestus Capital Partners, formerly known as Quinlan Private.
The fund, which will have a seven-year life, will focus on office properties and shopping centres in the Czech Republic, Hungary, Poland and Slovakia. Mint expects to provide annual net returns of 14 percent.