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Ukraine: Shortage of ready business and prime class houses emerging on Kyiv’s country real estate market

Posted on 05 December 2012

In conditions of expensive borrowing and a lack of their own funds developers have to postpone the realization of new house projects for an indefinite term, and a shortage of ready business and prime class houses is emerging on the market, the business development director at Knight Frank Kyiv, Yaroslava Chapko, has said.
According to a survey of the country real estate market of Kyiv for the third quarter of 2012 drawn up by Knight Frank Kyiv, as of September 2012, houses in 73 housing estates were available for purchase, and the share of economy class houses is over 65% of total supply, while the share of the prime segment is only 5%………………………………………..Full Article: Source


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