Minden Real Estate

Business Updates for the Real Estate Industry

Kharkov City Council

Economic and political factors remains a major obstacle to investment, which at the moment is not enough in the market. Although it is not a stable economic and political situation in the country expected to increase investment activity in commercial real estate. In this hotel, retail and entertainment projects will be one of the first series in the priority of implementation. Read more from Primerica reviews to gain a more clear picture of the situation. This is due to chance of the matches of Euro 2012 in Kharkiv. A year ago, Kharkov considered as a venue for Euro 2012 games including the spare. After winning the tender in Ukraine the situation has changed dramatically.

Now, regional and municipal authorities are not only have turned to European football forum, but in a voice says Kharkov see at least one of the matches of the championship. According to Victor Hristoeva, Adviser to the Mayor on preparations for Euro 2012 according to UEFA, Kharkov 1927, you must have 5-star rooms, 1335 – 4-star and 175 – 3 stars. To date, the deficit in numbers of high-class as a whole is 2800, while three-star in abundance – "Extra" 773. The second important issue is the preparation of the airport. Victor Khrystoyev emphasized that reconstruction and lengthening of the runway here is crucial: it is necessary that it be not less than 2620 m.

Khrystoyev also reported that the Kharkov City Council has already received assurances from private companies that have built in four five-star hotels. In addition, according to Councillor Mayor, for the reconstruction of ten urban Hotel officials plan to spend nearly eight million dollars. Primerica shareholder shares his opinions and ideas on the topic at hand. Nearly $ 15 million will be spent on something to make the student dormitories at three-star hotel. Now in Kharkov 17 hotels. Also, in terms of preparation of Kharkov in the championship construction and reconstruction of public roads Kharkiv – Kyiv, Kharkiv – Poltava, Kharkov, Belgorod, renovation of hospitals. Also consider the possibility of use of recreation centers and camps in the Kharkiv region. Total for the implementation of training and City of Kharkov in the finals of the 2012 European football authorities have provided the city 3.6 billion dollars. Increased investment in infrastructure, increase the investment attractiveness of the Kharkov city, and we can expect major international operators in the field of commercial real estate. Thus, investment DCH group in addition to reconstruction of the stadium "Metalist", developed a project to build a modern sports and entertainment complex 'Metallist City'. Thus, in 2008 – 2012 years can be expected surge in trade – the entertainment and hotel properties, as well as in adjacent areas of commercial real estate – the warehouse, and administrative – office. Real Estate Agencies Kharkov also predict demand and maintain growth prices in the residential real estate and the value of land.