Real estate renovation: how to increase the profitability and value of the object | Ukraine. Kiev.

Real estate renovation: how to increase the profitability and value of the object

Real estate renovation is a procedure with non-liquid or less profitable objects, aimed at increasing the profitability and value of the property.

Renovation has become a significant trend for all major cities in the world. Industrial and manufacturing objects with vast territories are gaining new life and attracting more and more attention.

Over the past three years, in the global non-residential real estate market, the volume of new commercial properties has decreased. On the contrary, previously unprofitable objects after the renovation are in a stable demand. Europe and America have been going this way for a long time. For example in Paris, there are 3.5 million m2, and in London 3.4 million m2 of areas that have undergone a renovation process. As a result, with less investment than for new objects’ building, renovated objects have more favorable conditions in the market.

Renovation of real estate can satisfy the demand for commercial real estate in a relatively short period of time and with minimal investment.

Judging by the development of the real estate market in the world and in particular in Ukraine, it is obvious that the future belongs to new real estate formats!

«Management Bureau» today - is your tomorrow»

Get a consultation

We will call you back in the next few hours