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GISMETEO.RU
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Real estate exec predicts slow recovery from liquidity crisis
Journal Staff Report

KIEV, Sept. 16 – The liquidity crisis of the Ukrainian banking system would continue for at least a year and a half, and the real estate market will require at least six months to return to pre-crisis levels of construction, said Petro Slipets, chairman of KDD Group N.V. (the Netherlands), a holding company Ukrainian development and real estate investment groups Kiev-Donbas.

"We see that the situation on the international financial markets will start improving no earlier than in a year and a half. Then, at least six months will pass until construction volumes reach the development point they were at half a year ago," he told Interfax-Ukraine.




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