Construction financing funds have not justified





24.12.2013 00:00
Articles about real estate | Construction financing funds have not justified Builders offer to return to the practice of direct contracts with private investors. Construction financing funds , as a tool , which should guarantee people invest in apartments under construction , to no avail . About this IAP "Capital estate" said Yuri Serbin , vice - president of the Confederation of Builders of Ukraine (CCU ) .

" Today we all have seen that funds construction financing ( CFF ) to no avail , because 83% of unfinished , even statistics Securities Commission related to the FSF . When they were created , it was such a motivation , they say developers - it is swindlers and serious financial companies, especially those that relate to the banks will be able , in case of financial problems from the developer , to finish at their own expense . But the result , this mechanism would not, on the contrary , "- said Yuri Serbin . Thus, the expert proposes to proceed to conclude direct contracts for investment and equity between the developer and investors. " If there is no intermediary between the buyer and the developer , it will reduce the price by 5 % for the final consumer .

But of course, it should be governed by the relevant laws , which have yet to develop the Verkhovna Rada ", - added Serbin . Previously lawyers also spoke in favor of the usefulness of the practice of direct investment contracts between developers and investors.
Content tags: Property Legislation
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