New Market Research Report: Ukraine Real Estate Report Q2 2013

The Ukraine real estate report examines the commercial office, retail, industrial and construction sectors in the country in the context of a continued recovery that is increasingly under threat, especially as the country once again looks set to enter recessionary territory.

With a focus on the principal cities of Kiev, Kharkov and Dnipropetrovsk the report covers rental market performance in terms of rates and yields over a 24-month period and examines how best to maximise returns in the commercial real estate market, while minimising investment risk and exploring the impact of the Euro 2012 'hangover' on a market that was already losing momentum.

------------------------------------------------------------
Full Report Details at
- http://www.fastmr.com/prod/554169_ukraine_real_estate_report_q2_2013.aspx?afid=301
------------------------------------------------------------

On the back of stagnating exports, rising import bills, a crippled banking sector and our expectations for a hryvnia devaluation, the outlook for the Ukrainian economy, construction and real estate sector is dim. While the ongoing slowdown in global growth is largely to blame, domestic economic mismanagement by the government is also damaging growth prospects. A weakening global growth picture bodes ill for Ukraine's export-dependent economy and a faltering domestic demand picture underpins our lower growth estimates, with negative knock-on effects on the demand for real estate. Our latest data collection, covering market performance over the second half of 2012 has inspired little confidence to the contrary, with risks largely weighted to the downside.

Key Points:

* Our long-held view about weak government finances, poor domestic economy and absence of private sector investments impeding robust growth in Ukraine's construction industry is beginning to play out. We estimate that construction industry growth almost stagnated in 2012, and forecast average 3.23% year-on-year (y-o-y) growth - in real terms - between 2013 and 2017, mostly helped by a number of small projects such as wind farms, port expansion and rail electrification currently in the pipeline.
* Our core view for Ukraine expects the residential and non-residential sub-sector to be a significant underperformer in the construction industry as renewed macroeconomic pressures, lack of demand from businesses and foreign buyers and difficulties involved in gaining the required permits will limit investments in the sub-sector. By contrast, international support and entry of new players will push the infrastructure sector growth to an average 4.12% y-o-y between 2013 and 2017 (according to BMI forecasts).

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- United States Real Estate Report Q2 2013
- Taiwan Real Estate Report Q2 2013
- Qatar Real Estate Report Q2 2013
- Pakistan Real Estate Report Q2 2013
- China Real Estate Report Q2 2013