Monarch Real Estate Company has close ties to FIABCI as the owner, Mr. Telman Abbasov is also the President of FIABCI-Ukraine. He and his staff, headed up by FIABCI Secretary General, Victoria Banker, are working on Europe’s first attempt at creating an MLS by bringing together some 300 affiliates throughout Eastern Europe in a consortium to share listings and encourage referrals. They have recently listed several fine properties including a prime piece of property in the Crimea, the heart of summer vacation opportunities, where values are known to be returned in within as few as five years.