To attract foreign investors, Sennychenko, a former Ukraine director for Jones Lang LaSalle, has set up
Friday, July 31, 2020
To attract foreign investors, Sennychenko, a former Ukraine director for Jones Lang LaSalle, has set up a bilingual Ukrainian-English website with ‘data rooms’ on each property up for sale. Sennychenko admits that major properties have ‘poison pills’ – management, supplier or labor contracts that are hard to break. “We don’t have the capacity to fight all the poison pills in 1,500 properties,” he says. Instead, his team works to provide as accurate picture as possible of the assets and liabilities of each property. The buyer of the Dnipro Hotel publicly praised the Fund for its transparency.