On September 14th during UREC Hospitality Forum passed a landmark event for the real estate market of Ukraine - presentation of entering the Ukrainian market of an international consulting company GFive Development (Portugal).
The company that offers a wide range of consulting services in real estate was represented by CEO at GFive Development Mabilio de Albuquerque (Mabilio de Albuquerque), Director of Retail Department, Miguel Lopez (Miguel Lopes) and Managing Director of Ukrainian office Vladimir Bandura. Also at the press conference dedicated to the entrance of GFive Development to Ukrainian market with a farewell speech appeared ambassador of the Republic of Portugal, Mr. Mario Jesus dos Santos.
According to GFive Development, Ukraine has been chosen by them because of the high potential in the development of professional commercial and residential real estate, and not only in Kiev but also in the regions.
"We have been studying the local market since 2007, and we can confidently say that with all the opportunities that exist in the country, the real estate market in Ukraine is still not enough professionally designed and embodied in the life projects. Some successful formats in general are not present on the market at all. In particular, we are talking about the development of retail, such as retail parks and outlet centers. However, many financial institutions of the country are absolutely open for cooperation in this sphere", - said in his speech CEO at GFive Development Mabilio de Albuquerque.
In addition, among the positive aspects of the market of Ukraine were named stabilization of economic and political situation in the country.
The main difference of GFive Development from the other consultants, according to representatives of the Portuguese company, is a comprehensive approach to developing and implementing projects. In other words GFive provides a combination of commercial and technical services in real estate development - from consulting services and architectural design to leasing, management, development projects and construction, property management, financing.
According to the Managing Director of Ukrainian office Vladimir Bandura: "GFive Development team, having more than 15 years of experience in the implementation of development projects in international markets, differs by integrated approach in the work. This approach creates significant benefits for customers as well as a comprehensive service form the competitive prices, simplify project management and reduce the risks in this area. GFive offers clients not only architectural design, and development of commercial concepts, but also business development strategies in the long run. This approach means a successful and complete embodiment of the whole project".
Speaking about the prospects of future lease space in shopping centers in Ukraine, representatives of GFive Development said that their company is already working on market research for a number of major European and global brands. According to Mabilio de Albuquerque, they are considering entering the Ukrainian retail market. Priority directions in the first stage will be the fashion industry, footwear, cosmetics, home appliances, children's goods.
Speaking at the press conference dedicated to the entrance of GFive Development to Ukrainian market, Ambassador of Portugal Mario Santos said that his Government fully supports these initiatives and understands their responsibility in their development. The diplomat also expressed his confidence in the success of all undertakings of consulting company, which will open the way to Ukraine and other Portuguese businessmen and investors, which will only strength the economic ties between two countries.
Organized by | |
![]() |
![]() |
Background Ukrainian Real Estate Club
Today the Ukrainian Real Estate Club brings together over 100 representatives of real estate companies of Ukraine. Mission of URE Club is to promote business members and partners of Ukrainian Real Estate Club, providing unique opportunities and support in establishing long term business relationships in Ukraine and the international real estate and investment market.
www.ureclub.com
Background GFive Development
GFive Development is an international company representing consulting, architectural design, letting, property management, project management, investment and debt financing services for real estate market of Ukraine.
www.gfived.com