Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Foreign property investment enjoyed a boom in the mid-2000s, with a score of new vehicles listing in London and elsewhere. Many of these turned out to be poor or terrible investments. Perhaps we can find some value amongst the rubble: Eastern European Property Fund (EEP), which released its annual report on Tuesday, is trading at a stonking discount to NAV that adventurous investors might find too difficult to ignore.
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