Thursday, Aug 13, 2009
A review of penny share companies that invest in Eastern European Property
Penny Sleuth: Don't make this fatal investment mistake
Along with most other such property funds, such as Bulgarian Land Development (ticker: BLD), Equest Balkan Properties (ticker: EBP), Metro Baltic Horizons (ticker: MET) , and the Eastern European Property Fund (ticker: EEP) , Carpathian is still afloat – but only just.
Aside from opportunistic bids for distressed properties there is little activity in the property market, making it impossible to test the real level of values. The banker still have the whip hand and tenants know that landlords are desperate to retain them. It is not a pretty picture.
Posted by warren @ 06:08 PM (281 views) Add Comment
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