Mint Investments establishes new property management business (CZ/SK)

Mint Investments (formerly CEC Capital group), a property investment and development group operating in Central Europe, is starting a new property management business in the Czech Republic and Slovakia.

According to Katarina Lindbergh, Partner at Mint Investments, the main objective is the integration of asset and property management thus delivering complex and best possible service to tenants and further value enhancement to the property's investor.

"Today, more than ever, it is an instant reaction to tenant's requests, operating costs efficiency, and active asset management with owner's approach, that decide about long-term success of the project. You cannot deliver the above without proper daily interaction with tenants. Starting with our Prague office portfolio on December 1, 2010, Mint Investments is planning to expand into retail property management in spring 2011."

Over the last 10 years, the Mint Investments team has worked on more than 45 investment and development projects. The most significant transactions or properties the team has managed include several office projects in Prague (Office Park Nove Butovice, Smichov's Palac Andel and Factory Office Center) or the Zahradni ctvrt residential project in Zbraslav, developed together with Wadia.

Development projects in other Czech and Slovak cities are also an important part of the portfolio, including, for example, Breda & Weinstein shopping center in Opava which is currently under construction, the successful Laugaricio shopping center in Trencin, which opened in April 2009, and Jegeho alej residential project in Bratislava, which Mint Investments is developing together with the Finep. Mint Investments is managed by its five partners: Sebastien Dejanovski and Radim Bajgar (Expansion and Development), Vojtech Kraus (Law and Finance), Katarina Lindbergh (Leasing and Property Management) and Lukas Schirl (Asset Management).

Source: Crest Communications a.s.

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