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Saturday, August 29, 2009

Hot Trend

Taking into growing bad debt in the banks, almost no loans for cap operations, next elections, and low consumption I would be sure enough to make following decision:

Next hot trend in Ukraine is going "distressed assets" deals.
I see that some groups are ready to buy at much lower price level than before. But they have the liquidity. And they wait and tease. It seems these are the guys from Middle East, Russia, Israel. An we can predict the era of overpricing in Ukraine almost ended. Of course, many owners and land banks people can not even imagine such scenario, but life will put all on the table. Just recall XXI Century case.