CEC Capital, a Central European real estate investment and development group, has announced its relaunch as Mint Investments. The relauch is aimed at giving all the group’s activities a common brand.
CEC Capital, a Central European real estate investment and development group, has announced its relaunch as Mint Investments. The relauch is aimed at giving all the group’s activities a common brand.
CEC Capital is well established in the region through its subsidiaries CSIA and Develon. Mint Investments, as a CEC Capital successor, will continue to hold interests in CSIA and Develon jointly with Avestus Capital Partners.
Commenting on the launch of Mint Investments, Sebastien Dejanovski, partner responsible for business development, said: 'The crisis worked as a catalyst for some much needed changes in the industry and creates opportunities for the well prepared and established local companies. We are being approached by number of new investors who are interested in the region. The role of the new brand Mint Investments is to promote all what we have done in the past under various brands.'
Mint Investments, through its subsidiaries, manages a portfolio of income producing and development assets with a value of over EUR 500 mln. Its team has experience in executing more than 45 investment and divestment transactions over the past 10 years. Most notable transactions or assets under management located in Prague are the office projects Office Park Nove Butovice, Palac Andel in Smichov, Smichov Factory Office Center and the residential project Zahradni ctvrt Zbraslav, jointly developed with Wadia.
An important part of the portfolio is the development projects located in regional cities in the Czech Republic and Slovakia such as the Breda & Weinstein shopping centre in Opava which is currently under development, the Laugaricio shopping centre in Trencin which opened in April 2009 and the Jegeho alej residential project in Bratislava, jointly developed with Finep.
