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Market prices and capitalization rates for commercial real estate in Ukraine.(Report)
ABSTRACT
In this article, capitalization rates, based on market price data for commercial real estate transactions from 2006 through the first quarter of 2008, for Kiev and 25 regional cities in Ukraine, were calculated and analyzed to show the ongoing development of the commercial real estate market in this transitional economy. Factors affecting supply and demand, prices, capital flows, and expectations for the future of the commercial real estate market in the country are also discussed.
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