Palmer Capital’s Emerging Europe Property Fund has delivered the best performance of all real estate funds quoted on the Amsterdam NYSE Euronext exchange and the fourth-best performance among NYSE Euronext funds of all kinds.
Palmer Capital, the leading real estate fund managers, have seen impressive growth through focusing on properties across the Czech and Slovak republics. From January to December 2012 Palmer’s EEPF grew by 41.8 per cent, with its share-price rising from €6.7 to €10 during the calendar year.
Palmer’s Guy St. John Barker attributes the fund’s exceptional performance to its concentration on high-yielding office properties in the Czech and Slovak Republics: ‘We have pursued a policy of retaining hands-on property managers providing a professional, personal service at our locations in and outside major regional cities,’ he said. ‘They operate hand-in-hand with asset managers, finance specialists and property experts here at our regional HQ in Prague. The formula works.’
Palmer plans to further enhance returns to EEPF investors in the course of 2013 and will launch two more funds specialising in Central and Eastern European opportunities during the coming year.
