(E) First Croatia Properties to invest into Croatia
First Croatia Properties to float on Aim
By Jim Pickard, Property Correspondent Published: June 6 2005
First Croatia Properties, a property group, is to float on Aim this month with an expected valuation of Ā£50m, joining a stampede of companies investing in property in the former Soviet Union.
The group, founded by Midia, the Switzerland-based property group, will work with Bovis, the construction company, to carry out five initial projects ranging from the country's first biotechnology park to Dubrovnik's first multi-storey car park. It is meanwhile at an early stage of exploring opportunities for a similar number of other projects.
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