Austrian real estate firm Akron has started the development of the 46,000-m[sup]2[/sup] Baltic Logistics Park in Kiev. The property is located 13 km from Kiev city and will include around 3,000 m[sup]2[/sup] of office accomodation. Akron, which was advised by Colliers International Ukraine, said that 80% of the financing will be provided by an Austrian bank. 'We’re expecting the strong growth in the market to persist,' said Stefan Ausch, partner of the Akron Group.