With the creation of the fund management company Invercasa the aim is to raise investment of $150 million in the first five years of operation, primarily through the model of real estate investment funds.

The absence to date of real estate investment funds in Nicaragua had led many investors to seek out these instruments in Costa Rica, where the fund market is more developed. Representatives from Invercasa pointed to several "... Nicaraguan businessmen with investments in real estate funds in Costa Rica ... who are willing to invest in a national fund."

Source: elnuevodiario.com.ni

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