Our September meeting last night was another great success.
Kindly sponsored by EFG Property Services Ukraine and NAI Pickard, presentations were made regarding the current state of the property market in Ukraine, plus the importance of obtaining accurate valuations.
93 people attended and the formal part of the evening was as usual followed by drinks and buffet and lively discussions.
It was commonly agreed by many members that the residential property market has cooled down in Kyiv and in the middle segment we may seem some price reductions next year as a result of more people looking to buy in "Cottage Housing" in the far suburbs or in villages.
Better value for money and a real garden are some of the reasons why people are moving "outward from the city centre".
However, Kyiv city centre prices for prime locations will probably remain the same. Housing in the heart of Kyiv will continue to be attractive as a safe investment.
Regarding commercial property, it was agreed that we will continue to see the boom across office, retail, industrial (mainly warehousing) and land. The demand for offices and retail sites continues to outstrip supply even after the recent political events.
Political instability is now a norm in Ukraine and doe snot appear to be of great concern to the vast majority of Ukrainians. Perhaps it is we foreigners who worry about it more. But foreign companies are continuing to enter Ukraine as it is still seen as one of the few remaining economies offering high returns. The risks are still here. But what would life be without risks?
27 September 2008
31 August 2008
Summer Ends- Hello September
Well, what an interesting August. Like many people I spent a lot of time watching the events in Georgia via TV. The 24 August Independence Day celebrations here in Kyiv were unusual as we saw a display of Ukrainains miltary machines along the main streets.
There is much talk about how the EU will deal with the "Georgian crisis" and how they will react to Russia. Tomorrow, 1 Sept, a special EU Summit will be held to discuss this.
Many people now think its right o consider offering Ukraine speedy EU membership, as fears grow about possible conflicts between Russia and Ukraine.
Personally, I think EU membership can only benefit Ukraine, however I still think it is a long shot and it will be many years before Ukraine would join the EU. But who knows? Life is full of suprises. It would certainly help to do business easier in Ukraine if it ever does happen.
There is much talk about how the EU will deal with the "Georgian crisis" and how they will react to Russia. Tomorrow, 1 Sept, a special EU Summit will be held to discuss this.
Many people now think its right o consider offering Ukraine speedy EU membership, as fears grow about possible conflicts between Russia and Ukraine.
Personally, I think EU membership can only benefit Ukraine, however I still think it is a long shot and it will be many years before Ukraine would join the EU. But who knows? Life is full of suprises. It would certainly help to do business easier in Ukraine if it ever does happen.
03 August 2008
Onwards to September
Just as I thought. We asked many members about the next meeting and most people will be away on holiday during August. So our next meeting will be on 25 Sept - Theme - Real Estate in Ukraine.
One of the good things about living in Kyiv is that for the month of August the city is light on traffic as many people have gone away for the whole month.
Talking of holidays. I will be back in the UK from 5-18 August, so will try to enjoy the summer also.
One of the good things about living in Kyiv is that for the month of August the city is light on traffic as many people have gone away for the whole month.
Talking of holidays. I will be back in the UK from 5-18 August, so will try to enjoy the summer also.
20 July 2008
Our best event yet...just happened
The turnout for our July meeting was tremendous with over 125 people attending.
I think the subject of Golf did the trick, as people were really wanting to find out if it was true.
The good news is yes, it is for true and our members were impressed by the presentation from GV Group about heir plans for the development of 'Europe City" just outside Kyiv and of courtse the firsdt phase of the Golf Project willbe the opening of a 9 hole "Academy Course" in September followed by the full 18 hole course sometime in 2009.
The big question now is should we go ahead and hod the summer party in late August or will most people still be away on holiday?
I think the subject of Golf did the trick, as people were really wanting to find out if it was true.
The good news is yes, it is for true and our members were impressed by the presentation from GV Group about heir plans for the development of 'Europe City" just outside Kyiv and of courtse the firsdt phase of the Golf Project willbe the opening of a 9 hole "Academy Course" in September followed by the full 18 hole course sometime in 2009.
The big question now is should we go ahead and hod the summer party in late August or will most people still be away on holiday?
06 July 2008
Royal Kyiv Golf Club and Europe City
At long last I am pleased to announce that Kyiv will soon have a real professional golf course.
Thanks to the efforts of BBCU members GV Group Consulting a 9 hole Academy course will open in Sept 2008 followed later by the full 18 hole course.
To launch this event we are holding a SPECIAL meeting on 17 July to present the golf course and its associated property project -Europe City, to our members and as many 'golfers' as possible.
This is a great step forward in Ukraine as many people in the expat community have long complained about the lack of a golf course in Ukraine. Plus many Ukrainians want to learn to play the game and are eager to get started.
This meeting will be back at our normal place at INTER TV and we hope to attract a great number of people.
Thanks to the efforts of BBCU members GV Group Consulting a 9 hole Academy course will open in Sept 2008 followed later by the full 18 hole course.
To launch this event we are holding a SPECIAL meeting on 17 July to present the golf course and its associated property project -Europe City, to our members and as many 'golfers' as possible.
This is a great step forward in Ukraine as many people in the expat community have long complained about the lack of a golf course in Ukraine. Plus many Ukrainians want to learn to play the game and are eager to get started.
This meeting will be back at our normal place at INTER TV and we hope to attract a great number of people.
30 June 2008
Insurance can be interesting.....
Well, our event on 26 June was a success, although we only attracted 47 people, probably due to the clash with the Euro 2008 football.
Thanks to Busin Ins and Willis Insurance for presenting an interesting subject on Directors and Officers Liability Insurance, a growth market in Ukraine I am sure.
Plus this was our first meeting at MASTERKLASS and many thanks go to Frank McGovern.
MASTERKLASS are also our members now.
Our next meeting will also be at the same venue when we will be promoting the Royal Kyiv Golf Club on 17 July. At last we will have a golf club in Kyiv, (construction is already underway) developed by GV Group Consulting together with a British Golf course designer, this is GREAT news and we hope to attract a bigger crowd to this event.
This is a great year inUkraine
Thanks to Busin Ins and Willis Insurance for presenting an interesting subject on Directors and Officers Liability Insurance, a growth market in Ukraine I am sure.
Plus this was our first meeting at MASTERKLASS and many thanks go to Frank McGovern.
MASTERKLASS are also our members now.
Our next meeting will also be at the same venue when we will be promoting the Royal Kyiv Golf Club on 17 July. At last we will have a golf club in Kyiv, (construction is already underway) developed by GV Group Consulting together with a British Golf course designer, this is GREAT news and we hope to attract a bigger crowd to this event.
This is a great year inUkraine
14 June 2008
Summer is here
Our next event will be on 26 June at the new MASTERKLASS facilities in Kyiv.
Presentations wil be given by two insurance companies on the liabilities of directors in Ukraine.
Plus we are also planning our July event which will be VERY SPECIAL, we are bringing together all those people who have ben waiting a long time to play golf in Ukraine, but we are not ready to offer the golf course just yet, but construction is underway and we want to present the project to as many people as we can.
We have decided to offer more services through the BBCU, since the arrival of Tony Wood who has a reputation as a banking consultant. Banking is a significant growth sector in Ukraine and needs alot of help as the sector develops. So, we are launching a Banking Forum to help senior banking professionals discuss the issues that need to be addressed in Ukraine and feedback in very positive.
Plus we are offering a new series of training courses to banks in a whole range of subjects designed to help retain and motivate staff.
Finally today is another special day in Kyiv as Sir Paul McCartney performs live in Kyiv later today to an expected record crowd in Independence Square.
So, summer is here and the next few months are going to be exciting.
Presentations wil be given by two insurance companies on the liabilities of directors in Ukraine.
Plus we are also planning our July event which will be VERY SPECIAL, we are bringing together all those people who have ben waiting a long time to play golf in Ukraine, but we are not ready to offer the golf course just yet, but construction is underway and we want to present the project to as many people as we can.
We have decided to offer more services through the BBCU, since the arrival of Tony Wood who has a reputation as a banking consultant. Banking is a significant growth sector in Ukraine and needs alot of help as the sector develops. So, we are launching a Banking Forum to help senior banking professionals discuss the issues that need to be addressed in Ukraine and feedback in very positive.
Plus we are offering a new series of training courses to banks in a whole range of subjects designed to help retain and motivate staff.
Finally today is another special day in Kyiv as Sir Paul McCartney performs live in Kyiv later today to an expected record crowd in Independence Square.
So, summer is here and the next few months are going to be exciting.
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