- 19 December is Sevastopol auction
- 30% of Odessa’s’ agencies closed
- Developers agreed to limit profitability in a period of crunch.
- Foreign investors are interested in finished objects of property
- Influence of crunch on Crimea’s developers
- Prices for property fell to record minimum
- The cost of Crimea cottages higher than in Kiev
- The cost of Crimea cottages higher than in Kiev
- The law about anti crisis actions in construction adopted
Developers agreed to limit profitability in a period of crunch. 10.11.2008
Ministry of region development and construction of Ukraine Vasiliy Kuibida informed that constructive companies in a period of financing crunch agreed to limit its profitability to 15%.
“There was a proposal to limit the profitability from peroration of plots to construction. Developers are agreed that their profitability should be limit to 15% for the crunch period”, - he said.
Minister admitted that there will be a project of separate resolution which will be looked through by Cabinet of ministry in a nearest future.
According to Kuybida’s words, for profitability limit till 15% were also agreed producers of construction materials.
siriys-info.com