The American Chamber of Commerce in Ukraine, jointly with the member companies EVERLEGAL & CBRE Ukraine, held Knowledge Seminar "Safe Investments into Commercial Real Estate in Ukraine: Based on Real Cases".
In 2021, the commercial real estate market in Ukraine remains one of the best investment options in terms of return on risk. At the same time, investors often face hidden legal risks of real estate, which cannot be properly assessed at the investment stage. During the webinar, we will try to determine the minimum required amount of inspection of commercial real estate before buying and analyze on real cases the possible hidden legal risks associated with the purchase and how to avoid them.
During the event we discussed:
- The main types of real estate transactions:
- Purchase of real estate (sale from a legal entity, sale from an individual, sale from a non-resident)
- Purchase of corporate rights (i.e. a legal entity on the balance of which is a real estate object)
- How to make the transaction as safe as possible: types of inspections desirable for the buyer to do before closing the transaction
- Types of audits required in each type of transaction
- What are the consequences in case the audit is not conducted (or conducted improperly) based on real cases?
Oleksandr Demchuk, Attorney, Senior Associate at EVERLEGAL. Oleksandr focuses his practice on Dispute Resolution (Litigation & Arbitration), with a special focus on the Real Estate & Banking industries. He has more than 9 years of professional legal experience in providing legal services to Ukrainian and international real estate investors, developers, banks, financial companies, etc.
Yaroslav Gorbushko, Director of Capital Markets at CBRE Ukraine. Yaroslav has over 10 years of experience in commercial real estate, he developed a deep insight into local market practice. Yaroslav provides capital markets advisory and facilitates capital transactions for corporate occupiers, developers, and owners. Since 2016 Capital Markets department has completed a number of transactions both with local and international companies for more than $200 million.