I wrote a number of relatively optimistic articles on the Kyiv real estate investment market earlier this year (here & here) and was quite enthusiastic about the high yields.

I’ve been monitoring a real estate investment fund in Kyiv for a while as its positioning is quite unique in Europe. It claims it can reach gross yields of 18% without the use of leverage, by buying in a market that is down 75% from peak.

real estate investment kyiv ukraine

A Kyiv real estate focused investment fund

The Kiev Real Estate Recovery (KRER) investment fund is managed by a Canadian, John Suggitt, who has been active in Ukrainian private equity and real estate for 20 years.

Does 18% gross yields sound too good to be true? Or is it simply an undiscovered investment gem targeting a niche market in Europe?

Watch the discussion John and I have to form your own opinion. I asked many of the questions that needed to be asked, and dug into the numbers.

– Why Ukraine?
– Why a Real Estate investment in Ukraine?
– Why a Real Estate investment in Kyiv?
– A major catalyst: the mortgage market 
– Impact of Covid on the real estate investment market in Kyiv
– Legal pitfalls when investing in real estate in Kyiv, Ukraine
– Case study 1 with yield calculation
– Key risk: the Ukrainian Hryvnia
– Case study 2 with yield calculation
– Case study 3 with yield calculation and Kiev Real Estate Recovery Fund 2 (KRER 2)
– Which auditor & fund structure
– Dividends of 10%
– Amounts raised
– Skin in the game

Watch the conversation John & I have here on investing in Kyiv real estate. Feel free to leave a comment and subscribe to the Youtube channel.

You can also sign up to John’s free Ukrainian real estate market updates here.

Click on the picture to be taken to the Youtube video

This is what I do at The Wandering Investor

I travel around the world, and find unique internationalization and diversification options.

To a World of Opportunities,

The Wandering Investor

UPDATE March 2021: I did a market visit in Ukraine and met John in person: Highest Real Estate yields in Europe – Ukraine – $1250 per m2 with 19% yields in Kyiv

Other articles on Ukraine:

Available services in Ukraine:

If you want to read more such articles on other real estate markets in the world, go to the bottom of my International Real Estate Services page.

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