Palmer Capital Emerging Europe Property Fund NV (PCEEPF), formerly known as MEI-Real Estate NV (MERE), is the Netherlands-based closed-end investment fund. The Company invests in commercial properties on emerging real estate markets in Central Europe. The investment policy is to buy real estate that either generates a high cash flow or may yield above-average returns upon sale. The investments are spread over various types of commercial real estate, including offices, retail and storage locations. PCEEPF invests through local companies on the basis of local legislation. The Company’s portfolio includes 16 properties in the Czech Republic and Slovakia. The Company is owned by Palmer Capital Investments GmbH and is managed by Palmer Capital Fondsenbeheer BV. It has three wholly owned subsidiaries: Palmer Capital RE Bohemia sro, Palmer Capital RE Slovakia sro and Vitosha Property I EOOD.