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Ukrainian real estate projects face major delays due to coronavirus
Journal Staff Report

KYIV, March 17 - Long-term projects in the Ukrainian commercial real estate market may be delayed due to the coronavirus (COVID-19), investment bust is expected, according to the CBRE Ukraine consulting company (Kyiv).

"In the context of recent events, we expect a rapid slowdown in business activity in Ukraine. We forecast that large companies may postpone the implementation of long-term projects and plans, while, given the healthy state of the global economy and the stabilization of the Ukrainian economy over the past two years, we do not expect significant shocks in the commercial real estate market in all segments of the industry," CBRE said on Monday, March 16.




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