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Friday, September 3, 2010

Globus Ex-owner Forecasts RE Situation

Alexander Melamud, ex-owner of Globus SC and current owner of one of the biggest retail property in Kiev - Dream Town is trying to set kind of forecast for the future. He is stating that within 4-5 year real growth in real economy, as well as for the investment prices for prime properties is not possible.

Also he explained that ready to sell out his own properties, but there are no suitable offers so far. "I guess there is small possibility for that", said Melamud. "Now, I'm on the track with several real estate and restaurant projects in Russia, but I wouldn't like to discuss it".