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Dragon-Ukrainian Properties& Development plc
33-34 Circular Road
Isle of Man
Dragon-Ukrainian Properties & Development plc is an IOM registered company formed in February 2007 to invest in the development of new commercial properties and redevelopment of existing properties in Ukraine. Ukrainian commercial property market and, in particular, the development of new and re-development of existing properties in the retail, office and warehousing sectors, presents a solid investment opportunity due to the following:
- high rental yields are available in the Ukrainian property market relative to other European markets;
- in the short and medium term, demand for high-quality retail, office and warehouse space should continue to exceed supply as the country's economy develops, which, coupled with limited availability of high quality property stock, is expected to exert strong upward pressure on rent levels; and
- over the foreseeable future, the Ukrainian real estate market is likely to experience further yield compression, mirroring the trend in other central and eastern European countries.