The most favorable scenario for the Ukrainian market of commercial real estate experts of «Foyil Asset Management Ukraine» consider stabilization with the subsequent increase to 5-7% per year for a period of 3-5 years.
“Decisive for the real estate market will become the present autumn, when situation with the crisis of liquidity in the banking sector is discharged a little, Dmitriy Moshkalo considers, the Vice President of «Foyil Asset Management Ukraine». If banks keep on this level until this time, then they will attempt to sell their participation parts to nonresidents. The latter will introduce their capital and there will be the absence of large “lowering” of prices ”.
This scenario is most probable, since banks will not “freeze” capital in the projects, connected with commercial real estate. Therefore with improvement in the situation on the stock market of the Ukraine and liquidity of the financial system the banks will try to leave the stopped projects.
Thus, prices will not be reduced more than to 10-15% and this corridor will remain for the next three years. But as a result of inflation a correction nearly 40% will be observed. The experts of the company «Foyil Asset Management Ukraine» consider this scenario to be most positive version for the Ukrainian financial structures.
In the opinion of «Foyil Asset Management Ukraine» experts the Ukrainian commercial real estate market experiences the sharp shortage of commercial areas.
“This “misalignment” can keep the commercial real estate market out of a sharp drop in the prices, Dmitriy Moshkalo considers, the Vice President of «Foyil Asset Management Ukraine». - But payment for this will be the stagnation of the branch, when the prices will grow in the limits of the indices of inflation”.
Source: agent.ua
At its session the standing committee of Lviv regional council for questions of investment activity and trans-border collaboration examined and agreed on job schedule of commission for the second half-year of 2008.
Commission charged to the main department of town construction, architecture and three-dimensional development of Lviv regional state administration, to develop the ะกoncept of the investment policy of Lviv region of 2009 - 2010 and to put it for the examination of commission with the subsequent carrying out on the session in September.
Deputies heard the information given by Stepana Lukashik, the head of the main town construction department, architecture and three-dimensional development of Lviv regional state administration about the development of the territory planning diagram of Lviv region. Commission decided to turn to the standing committee for questions of budget with the refinement of the indices of the budget of Lviv region and to isolate means for the financing, when the territories planning diagram is fulfilled prior to the end of this year.
Also at the session deputies agreed on methodology benefit of "Recommendations regarding the three-dimensional planning of cities and territories of Lviv region". Benefit is prepared with the help of Nikolai Gabrelya, the editor professor of the town construction department at the institute of the architecture of the National University "Lviv Politekhnika" and the assistance of Joseph Khrom'yak, the head of the commission.
Ukrainian businessmen can meet with the Canadian associates from the companies Capital United (production of liquid rubber), NASCOR Advanced Building Technologies (building), Phoenix Geophysics Ltd. (production of electro-reconnaissance equipment), SNC Lavalin (construction engineering company), Sprung Instant Structures (dismountable engineering constructions), CANEX Building Supplies (delivery of materials), Termodeck Canada (eko-budivnitstvo).
Symposium will take place with the support of the Ministry of regional development and construction of Ukraine, committee of Supreme Rada of Ukraine on questions of construction, town building and regional policy, organizational committee on preparation and conducting of the final tournament of the championship of Europe 2012 in Ukraine, the Ministry of Foreign Affairs and international trade of Canada, embassy of Canada, in Ukraine, and also the associations of the construction enterprises of Lviv region.
7 million 874 thousand Uan from land sale entered into the budget of Lviv in the past week. As a whole out of land sale from the beginning of the year 14 million 391 thousand Uan entered into the budget. Whereas from the lease pay - 16 million 877 thousand Uan entered into the town budget. This was reported by the press service of Lviv town council.
Furthermore, th edepartment prepared the draft of the agreement of purchase- sale of land section on Gorodotska St., 245, which was realized through the auction. The cost of this land section composes 1 million 600 thousand Uan.
Source: http://zik.com.ua/
Until this time Sergey Kiral’ worked as the leader of the projects’ department of the financial industrial group “Rosan”. He has work experience in the development and realizations of large investment projects. Two higher education were obtained by him. In particular, he finished the program of MVA after the direction “The management of organization”. Besides he speaks several foreign languages.
Let us recall, until recently the post of the chief of the administration of external economic activity and investments of Lviv town council was occupied by Taras Burgan, who left this position at his own will.
Town hall 03.07.2008
