Amour Club News

Foreign investors? are demonstrating a? broad interest to Ukrainian market of trading estate. The majority of bargains take place due to an active involvement of foreign investment funds. They study thoroughly objects for capital investments, revise the costs and count pay-back periods. The first bargain that evoked noticeable resonance in the capital was purchasing of the main department store called ???Ukraine??? by Irish company ???Queen Group???. According to the words of its president, this was the only first step of their expansion to Ukrainian market. A year later complex ???Ukraine??? turned into the most expensive store of the country. Most rich tenants - the owners of prominent European trademarks, four cinemas, bowling clubs, several restaurants of fast food and multilevel parking for 400 cars occupied this giant five ??“storey building. Irish businessmen plan to invest annually as much as $1 billion into Ukrainian trading estate. The company is especially keen on obtaining logistic storage facilities, office estate and hotels. This year a bargain of selling pavilion ???Globe???, which is also a trading center took place. It was sold to British investment fund ???L&RP???. This was just another proof of existing interest of foreigners to Ukrainian estate. The company realized the potential of Ukrainian market while purchasing Russian assets.

Such international trading operators as ???IKEA???, ???Auchan???, ???Ramstore???, and ???OBI??? do not make a secret of their future entrance to the Ukrainian market of trading estate. Most probably foreign expansion will continue with an increased speed. Foreigners are attracted by impetuous rise of profitability dictated by increased rent rates. This positively reflects on the capitalization of trading estate. The period of payback for trading premises in Ukraine is approximately 5 years, while European is 10 on average. So high popularity can also be explained by yield reduction of trading centers of Western Europe and, what is more, USA.