KIEV, Sept. 1 - VS Energy (The Netherlands), which has assets in various sectors of the Ukrainian economy, in particular, in the energy and real estate sector, plans to invest $800 million in real estate projects totaling around 700,000 square meters, according to VS Energy Vice President for Real Estate and Construction Oleksandr Lesnikov.

Lesnikov said that last week, VS Energy approved a preliminary project for a class A office complex of 180,000-200,000 square meters at 5B Dmytrova Street in Kiev with Jones Lang LaSalle Company. Investment in the project is estimated at $240-280 million. The land plot under construction is two hectares in size. The construction is to be started in nine or twelve months.