Ukrainian RE Fund in the Works

Concorde Capital, a Ukrainian equity broker and investment banker, has announced a strategic alliance with Colliers International to launch a $100 million dedicated Ukrainian real estate fund.The Colliers-Concorde (Ukraine) Real Estate Fund has a targeted portfolio size of $200 million and will focus on development projects in the office, retail, logistics, and residential sectors of Ukraine's real estate market, Concorde said. Concorde will act as the management company for the fund through its affiliate asset management company, Concorde Investors Ltd. "The combination of a pro-business government, heightened foreign investor interest, and a severe shortage of quality property in most sectors of the Ukrainian real estate market make this a perfect time for the Ukrainian market," said Steven Cheshire, a partner in Concorde Investors. The companies can be found online at http://www.con-cap.com and http://www.colliers.com.