Table of Contents
Executive Summary — 5 Key Features of This
Report — 7 SWOT Analysis — 8 Ukraine
Real Estate/Construction SWOT — 8 Ukraine Economic
SWOT — 9 Ukraine Business Environment
SWOT — 10 Real Estate Market
Overview — 11 Key Projects — 13
Construction Overview — 13 New And Ongoing
Projects — 14 Residential
Construction — 14 Commercial
Construction — 14 Industrial
Construction — 16 Tourism
Construction — 16 Major Projects — 18
Table: Ukraine – Major Infrastructure Projects — 18
Real Estate Investment Trusts In Q309 — 23 Table: FTSE
EPRA/NREIT Global Real Estate Index, Total Returns (US dollar
terms) — 24 Table: US REITs, Total Returns (US dollar
terms) — 25 Pointers — 29 Industry
Finance Outlook — 30 International
Financing — 30 Table: Client Loans, 2007-2013 (% change
y-o-y) — 31 Table: Loan-Deposit Ratio,
2007-2013 — 33 Domestic Financing — 34
Monetary Policy — 35 Table: Ukraine – Monetary
Policy — 36 Industry Forecast
Scenario — 37 Table: Central And Eastern Europe Housing
Prices At A Glance (% change y-o-y) — 37 Table: Office
Rents In Central And Eastern Europe – CBRE — 39
Table: Office Rents In Central And Eastern Europe – Other
Research — 39 Table: Ukraine – Construction And
Industry Data — 41 Economic
Outlook — 42 Table: Ukraine – Economic Activity,
2006-2013 — 44 Real Estate/Construction Business
Environment Rating — 45 Table: Europe Real
Estate/Construction Business Environment Rating — 45
Ukraine’s RECBER — 46 Project Finance Ratings:
Outlook For Central And Eastern Europe — 47 Table: Design
And Construction Rating — 49 Table: Commissioning And
Operating Rating — 51 Table: Overall Project Finance
Rating — 53 Ukraine’s Business
Environment — 54 Latest/Recent
Developments — 54 Table: Business And Operational Risk
Ratings — 55 Institutions — 56 Table:
Legal Framework Ratings — 57
Infrastructure — 59 Table: Labour Force
Quality — 61 Market Orientation — 62
Table: Europe, FDI Annual Inflows — 63 Table: Trade
Ratings — 66 Table: Top Export
Destinations — 67 Operational
Risk — 68 Company Monitor — 69
Kyivmiskbud Holdings — 69 Aerobud — 70
TMM — 71 Seven Hills LLC — 72 TKS
Management — 73 XXI Century
Investments — 74 MiraxInvest — 75 Aisi
Realty Public Limited — 76 BMI Forecast
Modelling — 78 How We Generate Our Industry
Forecasts — 78 Construction
Industry — 78 Bank Lending — 79 Real
Estate/Construction Business Environment Rating — 79
Table: Weighting Of Indicators — 80 Project Finance
Ratings Indicators — 83 Table: Design And Construction
Phase — 83 Table: Commissioning And Operating Phase
– Commercial Construction — 84 Table: Commissioning
And Operating Phase – Energy And Utilities — 85
Table: Commissioning And Operating Phase –
Transport — 86 Sources — 87
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