Orange adrenaline

The Ukrainian property market has been profoundly influenced by the \'Orange Revolution\' and by Viktor Jushchenko\'s team assuming the reins of power.  There is a serious shortage of office buildings, shopping centres, warehouses and housing in Kyiv and other cities, but their development is hitting a forest of barriersThe office marketThe Kyiv office market is reminiscent of Warsaw\'s golden era in the 1990s, when demand outstripped supply and landlords signed long-term leasing contracts for enormous rents - at least by today\'s standards.According to data supplied by DTZ, by end of 2005, Kyiv city accommodated in the order of 445,000 sqm, 93,000 sqm of which was delivered last year as mostly B-class buildings. This was not much when you take into consideration that in  throughout 2005 alone contracts were signed for the tenancy or purchase of around 99,000 sqm of space, far from satisfying demand. Analysts of DTZ\'s Kyiv office feel that companies are \'frustrated\' with the absen