Financial Times: Ukraine, don’t bet the farm
Nearly five years after launching at the peak of Ukraine’s property market boom, one of the country’s leading real estate funds is struggling to reassure dismayed shareholders after the decision to spend third of the fund’s money on buying small farm plots has not worked out as well as expected. It doesn’t help that the overall real estate sector in Ukraine tanked in 2009-10, either. What are the prospects of a recovery? Read the story here.