CEC Capital relaunches as Mint Investments (CZ)

CEC Capital, Central European real estate investment and development group, has announced its relaunch as Mint Investments.

CEC Capital is well established in the region through its subsidiaries CSIA and Develon (Mint Investments, as a CEC Capital successor, will continue in holding interest in CSIA and Develon jointly with Avestus Capital Partners). Mint Investments is launched in order to give a common brand to all the group's activities.

Commenting on the launch of Mint Investments, Sebastien Dejanovski, partner responsible for business development, says: "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, is managing a portfolio of income producing and development assets with a value over €500 million. 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 shopping centre Breda & Weinstein in Opava which is currently under development, the shopping centre Laugaricio in Trencin which is opened since April 2009 or residential project Jegeho alej in Bratislava, jointly developed with Finep.

Mint Investments is represented by its five managing partners: Sebastien Dejanovski and Radim Bajgar (New Business), Vojtìch Kraus (Legal and Finance), Katarina Lindbergh (Leasing and Property Management) and LukᚠSchirl (Asset Management).

Mint Investments provides full scope of integrated real-estate services, ranging from investment advisory, leasing, asset and property management to development management. Lukas Schirl, partner responsible for asset management, adds: "The fact that we broadened our scope of services through the years came quite naturally. More than ever, you must hold detailed control of each project and maintain close relationship with tenants and other stakeholders. It is lots of hard and thorough work, but the result is better quality of each asset and value for investors. We have proven that we can deliver services on the highest level for both institutional and private clients."

Source: Crest Communications

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