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The next big thing: Risks fail to dampen market

By Daniel Thomas

Published: February 27 2008 01:26 | Last updated: February 27 2008 01:26

Over a late night dinner between some of the most active international property investors and developers 18 months ago, there was one country that everyone agreed would be the next big investment market: Ukraine.

The numbers just added up, they agreed, it would be the “next Poland”. The large and increasingly affluent population clearly need offices and retail outlets, while its location with Russia to one side, and Poland, Romania and Hungary on the other, seemed neatly positioned for industrial requirements. Strategically, it is at the crossroads between Europe and Asia.

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