THE ROLE OF DEVELOPMENT COMPANIES IN THE REAL ESTATE MARKET OF UKRAINE

Анотація

The article studies the place and role of development companies in the domestic real estate market, in particular, identifies the main functions of development companies and peculiarities of organization of production activities of this participant in the real estate market. Despite the relatively recent emergence of such a new participant in the real estate market, many more problematic issues remain unresolved today related to the organization of development activities in the domestic real estate market, the definition of mechanisms for financial support for the implementation of development projects, and the creation of a regulatory framework for regulating development activities. It is worth paying attention to the comparative characteristics of development activities in Ukraine and abroad in order to identify the main problems of the development of professional development in Ukraine, as well as to conduct a thorough analysis of the factors that negatively affect the activities of development companies in the Ukrainian real estate market, in particular, it concerns the minimization of investment risks of development companies. Given the trend of increasing the number of development firms in the real estate market of Ukraine, the classification of types of developers is generalized and the characteristic features of their activities are determined. Developers as integral participants of the modern real estate market in Ukraine can perform a wide range of functional duties and act as an investor, organizer of a construction or investment project or an intermediary, while actively interacting with other participants in the microenvironment. The current state and prospects of development activity in the real estate market and further development of the real estate market of Ukraine are analyzed. Of course, the real estate market, like other industries in Ukraine, has undergone a significant reduction due to the rapid decline in demand, due to the beginning of a full-scale military invasion and the difficult economic situation in Ukraine. In general, today there is a positive trend in the real estate market, the previously launched construction and investment projects are gradually ending, which necessitates a quick response to all changes in the current real estate market and requires coordination of organizational, legal and information support for the activities of development companies in the real estate market of Ukraine.

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