Inzhur LLC, the first and only Ukrainian REIT, was created to enable individuals to invest in small, medium, and large scale commercial real estate projects throughout the country. Since its inception in 2022, Inzhur has demonstrated resilience, social responsibility, and faith in the future of Ukraine.
Despite the many difficulties resulting from Russia’s 2022 invasion, Inzhur continues to attract domestic investments, develop new business opportunities, and support the country’s economy.
REIT.com recently spoke with Andriy Zhurzhiy, founder and CEO of Inzhur, from his office in Kyiv.
How did you manage to create a thriving investment company in a war zone with such seemingly terrible odds against success?
Inzhur’s initial success was due to a combination of factors. The infrastructural and economic chaos of the first stage of Russia’s invasion was devastating. Even today, general uncertainty and anxiety can exist in just the simple act of day-to-day living for many of us here in Ukraine.
It is a very human quality for people to want to regain control of their lives and finances when chaos and uncertainty abound. By establishing a local and democratized investment opportunity at Inzhur, specifically for the people of Ukraine, our investors have turned their hopes to working together on a brand-new opportunity—a chance for Ukraine to rebuild through investing in our country’s real estate.
Short-term, the investment model seems to meet our investors’ current needs to continue to invest in, and believe in, Ukraine. But it also appeals to people’s future hopes that one day the war will end, Ukrainian prosperity will be restored, and stability will once again prevail.
We truly believe an added incentive for our investors is the fact that the entire Inzhur team lives and works in Ukraine. We also know exactly what retail investors want, what their capabilities are, what they care about, and what conditions may seem reliable to them—even in the face of a full-scale war and uncertainty.
Inzhur continues to provide investment opportunities in properties with decent dividends. We provide absolute transparency every step of the way for our investors. It takes a lot of effort to ensure this as trust can be one of the first casualties in war.
We also incorporate our investors as part of our team by crowdsourcing our collective intelligence in order to optimize performance. The fact that even in the midst of an invasion, a new investment sector and market can grow and flourish, well, it says a lot about our faith and resilience as people and a country.
Which sectors generate the highest returns for Inzhur investors and why do they perform so well?
It’s the service and retail sectors that really stand out, with supermarkets and fast-food restaurants in particular performing well right now. In both cases, a significant part of the success is due to the anchor tenants of these facilities. Those tenants include, Fozzy Group, one of the largest commercial and industrial groups in Ukraine, and McDonald’s Corp. McDonald’s outlets are consistently in demand and profitable, which is why REIT income from them always remains at a strong and consistent level.
Inzhur also has the Inzhur Ocean and Inzhur Zhytniy funds. The assets of these two platforms do not technically belong to the funds yet, but they will be acquired by our funds in public auctions soon. These assets are already profitable for their investors due to temporary investments in government bonds. Bonds tend to be the most reliable securities in a country at war, because they are backed by government securities, and they also provide monthly dividends of up to 16% per year to the co-owners of the funds.
#Ukraines #Inzhur #Sees #Real #Estate #Investment #Opportunity #Rebuild #Nation