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Monday, March 28, 2005

Bristol & Stone launch its Baltic Investment Fund

Bristol & Stone will be launching their first investment vehicle for Baltic real estate after the summer. The company will invest in Estonia, Latvia, and Lithuania, providing one of the first Western based, tax efficient vehicles through which to invest in real estate in the Baltics.

The unique features of the company are that it provides the most tax efficient vehicle through which to invest in Baltic real estate, and that it will spread the risk of investments across the three countries, and across the property sectors in those countries. This is a considerable innovation in the market, allowing foreign investors to benefit from the development of this new and fast-growing market without having to take the risk of investing directly into individual projects, or being tied to just one country or development company.

The company was founded by The Marquess of Bristol, Toby Stone, and Sacha Zackariya, all of whom have homes in Tallinn, and have considerable experience working in the Baltics over the last three years. Being based in Tallinn, the founders have been able to develop a local team that brings to investors the best contacts and local information, all of which is necessary to source and analyse investments, and to manage them effectively.

The company will invest primarily in real estate development, creating a unique bridge for foreign investors to access the high returns available from development projects but generally inaccessible to investors not firmly based in the region.

For further information visit Bristol and Stone

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