State of the Ukrainian real estate market 2024: risks and opportunities for post-war urban recovery

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roseline371274
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State of the Ukrainian real estate market 2024: risks and opportunities for post-war urban recovery

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Article 143 of the Code of Civil Procedure of Ukraine provides that procedural coercive measures are procedural actions taken by the court in cases specified by this Code in order to induce relevant persons to comply with the rules established in court, perform procedural duties in good faith, stop abuse of rights and prevent the creation of unlawful obstacles to the administration of justice.

CONCLUSION: In accordance with Part Three of Article 44 of the Code of Civil special database Procedure of Ukraine, if the submission of a complaint, statement, or motion is recognized as an abuse of procedural rights, the court, taking into account the circumstances of the case , has the right to leave the complaint , statement, or motion without consideration or to return it .



How did the war affect the real estate market in Ukraine and what awaits it in the future?

Russia's full-scale invasion of Ukraine in 2022 radically changed the real estate market.

The direct impact of the war on the country has been physical damage to real estate, which has led to a decrease in its value. Over the past two years of war, Ukraine's real estate market has already suffered losses of $59 billion. And this is only the residential part. By mid-2023, Russia had destroyed 664 cultural heritage sites. Indirect consequences include the conditions that have formed for the market in connection with the war.

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