Case Studies
Shchorsa Tower
Kiev, Ukraine
In December 2009, Amstar Europe acquired the controlling interest in a partially completed high-rise condominium project in the city center of Kiev. The project was acquired from a deeply distressed Ukrainian development company. Current plans anticipate 110 luxury residences and a 2012 delivery to coincide with the recovery in Ukraine’s residential real estate market.
Virtually no other western-quality high-rise buildings are under construction in Kiev. Amstar Europe plans to deliver the first new apartment units to a market with a compelling supply-demand imbalance.