Developer Von der Heyden Group eyes Ukrainian market

Published by

Christian Keszthelyi

6 years ago

(source: Pexels/rawpixel)

Malta-based developer Von der Heyden Group will enter the Ukrainian market by planning to invest $50m-100m (€44.2m-88.4m) in projects in Kyiv and Lviv in the next three years, according to a press statement by the company.

The group is planning to invest in the construction of offices and hotels, teaming up with local market players, “after the due diligence of various assets is completed,” the press statement says.

“We expect two new projects in Ukraine this year and are entering the fifth market outside of Germany, Poland, Spain, and Malta. This will contribute to the further growth and development of the country,” said Sven von der Heyden, the head of the group.

Von der Heyden Group has been present in the European real estate market since 1989 in four areas: investment in real estate, development, the international hotel group IBB Hotel Collection, as well as alternative investments.

Christian Keszthelyi

Christian used to be the editor of Business Malta, the predecessor of Malta Business Weekly’s online platform. As an avid journalist and writer, he believes that good content has a great flow that seamlessly guides the reader from the beginning to the end. He knows that words have immense power, and ruthlessly edits his own copy when chasing perfection (although he knows an article is never ready.)