Can you not pay the mortgage? Analysis of the situation with "Kyivmiskbud" and Kyiv Food Market
Recently, events have been taking place in Ukraine that could become the basis of a whole series. It is about the situation around the largest construction companies and significant changes in the real estate market, in particular, in Kyiv.
Video Link - https://www.youtube.com/watch?v=_T3kVZLHlf4
Why did Ihor Kushnir Leave the Post of the Head of Kyivmiskbud?
Ihor Kushnir, who headed "Kyivmiskbud" for a long time, announced his resignation after 12 years of work. This decision was made after the Kyiv City Council approved the report of the temporary control commission on the verification of the company's activities. Kushnir claims that under his leadership, the company built nearly 4 million square meters of real estate and made significant contributions to the city's infrastructure, including utilities and tax deductions.
Revaluation of Mortgage Obligations
The Cabinet of Ministers of Ukraine provided an opportunity stop mortgage payments for those whose property was destroyed or damaged as a result of hostilities. This decision is designed to ease the burden on war victims and provide them with temporary financial relief.
Purchase of Kyiv Food Market by the Zlochevsky family
At the beginning of 2023, it became known that the Zlochevskyi family purchased the building , in which Kyiv Food Market is located. This agreement aroused great public interest in view of Zlochevsky's scandalous reputation and his connections with corruption scandals. The purchase was made through a company previously registered to the figure who has no other business. The value of the deal was not publicly announced, but was estimated to be as high as $3,6 million.
Visnovki
The events surrounding "Kyivmiskbud" and the purchase of Kyiv Food Market emphasize the complexity and multifaceted nature of the situation on the Ukrainian real estate market. Kushnir's resignation, changes in mortgage legislation and large transactions in the market show the dynamism and at the same time the challenges that the market participants face.
