Developers are changing course! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine

Developers are changing course! - News about real estate, Kiev, Kyiv region. Real Estate In UkraineDevelopment company "Europe" revised development strategy for 2009 aggressive towards increasing...Developers are changing courseDevelopment company "Europe" revised development strategy for 2009 aggressive towards increasing the share of market presence in the sector of primary suburban real estate up to 50%. About this at the press conference, said the General Director of DC "Europe" Sergey Eliseev.As the correspondent S. L. Eliseev noted that in connection with the situation in the domestic real estate market, the company "Europe", like other development companies have felt the impact of the crisis. In particular, over the past two months, sales of homes fell by 30%. "If in October it planned to sell 15 homes, sold only 10," said the developer.The decrease in sales volume, according to Eliseev, is observed in the sector of mortgage lending and the fact that at the moment is sold, provided purely monetary demand of customers. However, DC "Europe" intends to use the fact that a number of competitors had frozen construction projects, or plan to preserve the building, in order to increase its share in the primary sector rural property to 50%.According to Eliseev, the project of residential complex "Olympic Park", which is built in 19 km from Kiev to Zhitomir highway, will form the basis of the company's sales. Accumulated company resources for the development of this project, according to him, will allow to develop the project in the future, even without the proceeds from sales of funds.Eliseev also noted that in order to implement the ambitious plans DK "Europe" in 2009, he was invited to the position of General Director of the company and has held this position since 12 November.



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