Some commercial real estate – offices, warehouses and retail – could double in price in the next three years,

Some commercial real estate – offices, warehouses and retail – could double in price in the next three years, Oleksandr Nosachenko, Managing Director of Colliers International in Ukraine, tells Interfax-Ukraine. “The current value of assets is very cheap,” he says. “If nothing dramatic happens to our country and economy, in particular, in three years, in some cases we can get the cost twice as high as the one paid by buyers.” He said international investors look for finished buildings, with below market values, with good locations, stable cash flows, and quality tenants with long-term contracts.