XXI Century Investments Public develops Kiev office

Ukrainian XXI Century Investments Public is to develop an office centre at Melnykova street in Kiev, next to its Kvadrat Lukaynivka shopping mall. The Ukrainian real estate company reached a lease agreement with local authorities for a 0.23 hectare site where it will develop its 25,000 m[sup]2[/sup] office complex. The investment will come to about $37.5 mln. Construction is planned to start in the second quarter of 2008, with opening scheduled for the fourth quarter of 2009, the company said.

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