In the first half of the year, Ukrainian retail improved its main indicators.

The index of retail well-being is gradually improving, and vacancy in shopping centers is decreasing, but no significant changes in attendance have yet been observed. The situation’s improvement occurs despite an increase in forced downtime in shopping centers due to air raid alarms. In the first half of the year, this indicator doubled the value from the same period last year, reaching its maximum observed to this point. Overall shopping center attendance was 479 people per day per 1,000 square meters, and for Kyiv, this indicator was 602 people, and for the regions, 427.

Vacancy decreased to 7.9% thanks to the return of international retailers. In the west of the country, it approached 0% due to internal migration. The average rental rate for liquid vacant lots is $28 per square meter, excluding VAT.

In the first half of the year, no new shopping centers were opened, keeping the total volume of competitive retail space offered at 1.59 million square meters. In the regions, by the end of 2024-2025, investors plan to put about 176,000 square meters of retail space into operation.