IVSC organised a conference about Impact of Covid-19 on Valuation. Appraisers from many countries wre reporting about changes in appraisal and changies in real estate markets in their countries.
Currently apartments in Ukraine are increasingly used as investment tools – in order not to lose savings, as well as to rent apartments and receive investment income, very often as a substitute for low pensions. Investment in real estate became […]
General economic situation in Ukraine To summarize analyses produced by the National Bank of Ukraine: In December 2020, despite the destruction of the epidemic situation and lockdowns in some countries, prices on commodity markets, especially for oil and natural gas […]
The terms used in the appraisal process are those defined in the Ukrainian National Standard No. 1 “General Principles and Bases of Appraisal”; these definitions are consistent with IVS-2020: Market value – the estimated amount for which an asset or […]
Foreign investment in Ukraine has been constrained by the inability of investors to obtain accurate, reliable and useful valuation reports for businesses, property and assets that were prepared by internationally-certified appraisers. This situation has negatively affected investment of both equity […]
The year 2021 will be a true ‘buyers-market’ for real estate in Kyiv as offer prices for the sale of residential and commercial real estate in general continue to decline. Much vacant property was purchased for cash at peak market […]
Overview Revaluation of assets for financial reporting in compliance with IFRS (International Financial Reporting Standards) is an important market for European appraisers. As USGAAP continues to converge to IFRS, it is expected that revaluation of assets for financial reporting will […]
APRIL 4, 2015Author:Paul R. ThomasPresident of IRE Ukraine LLC An audit report for the Public Joint Stock Company “National Joint Stock Company NAFTOGAZ of Ukraine” and its subsidiaries (referred to as “The Group”) for the years ended 31 December 2012 […]
AUGUST 1, 2018Author:Paul R. ThomasPresident of IRE Ukraine LLC Coal piles are seen at a warehouse of the Trypillian thermal power plant, owned by Ukrainian state-run energy company Centrenergo, in Kyiv region, Ukraine November 23, 2017. Centrenergo is one of […]
The Ukrainian government adopted a new law entitled “The Law on Privatization of State and Municipal Property No. 2269-19”. This law reduces existing categories of assets (e.g. buildings, land) and equity (company ownership) from seven to two: so-called “small objects” […]
IRE Partner Paul Thomas, Adjunct Professor of Economics and Innovation, Ukrainian-American Concordia University, Kyiv.
The Case of the Zaporizhia Aluminum Industrial Complex JUNE 21, 2017Author:Paul R. ThomasPresident of IRE Ukraine LLC The Ukrainian Government has never crafted a privatization strategy whereby the ultimate objective from the sale of assets or companies is to create […]
The most important challenge facing Kyiv today is to change the way in which government works DECEMBER 11, 2015 Author: Paul R. Thomas President of IRE Ukraine LLC The most important challenge facing Kyiv today is to change the way […]