Close targets Latvia and Lithuania

The company recently launched the Close Mosaic Property fund which is focusing primarily on Poland, the Czech Republic, Hungary and the Slovak Republic. Slovenia, Romania and Bulgaria provide the fund’s secondary focus. But Simon Cooke, managing director at Close Investments Property, said that Latvia and Lithuania could be the next focus for the fund. “Latvia and Lithuania are possible prospects but the current system there is very challenging," he said. Having acquired 50m euros to date, Close Investments believes the fund will give investors the chance to invest in a diversifie...