Development company White Star Real Estate is investing EUR 200 million in the creation of the Bucha Techno Garden industrial and logistics hub, according to Bucha Mayor Anatoliy Fedoruk.
“The first results from Rome. The American company White Star Real Estate has announced the launch of a large-scale investment project in the Bucha community. The total cost of the project, which will be implemented within the Bucha Techno Garden industrial park, is EUR200 million,” Fedoruk said on Telegram.
The corresponding memorandum was signed on July 10 in Rome between White Star Real Estate, the government agency UkraineInvest, and the Bucha City Council. The document confirms the parties’ intentions to implement an industrial and logistics hub in the Bucha community. The company plans to build it on its own 41-hectare plot of land. According to the mayor, this project opens up new opportunities for economic growth in the Bucha community: the creation of hundreds of jobs, the attraction of high-tech businesses, the development of infrastructure, and increased confidence from international investors.
White Star Real Estate is an international real estate company whose main activities are real estate acquisition and development, as well as asset and property management services. The company has been present in Central and Eastern Europe since 1997, completing more than 2.5 million square meters in over 50 development projects and currently managing more than 1.8 million square meters of commercial real estate. White Star Real Estate is currently active in the Czech Republic, Hungary, Poland, Romania, and Slovakia. White Star Real Estate (Ukraine) LLC was established in September 2023 with a registered capital of UAH 3.5 million and Brian Dale Patterson (USA) as its ultimate beneficiary.
