Fledgling asset management house Tri Investments is launching into the market with a European residential property fund which aims to take advantage of markets in new EU member states.
Set up by Chris Finch, former head of pensions product development at HSBC Asset Management, the open-ended qualifying investment scheme will be putting clients’ money into flats in Warsaw and Praque, and property on the Adriatic coastline of Croatia. Poland, the Czech Republic, Croatia and Bulgaria are seen as key targets following the launch on 24 June. Investments will primarily be made off-plan to take advantage of strong capital growth driven by fast rising incomes and low supply of new and higher quality housing in the affected countries. Around half the assets will also be s...
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