Real Estate

Thursday, May 15

Kyiv’s elite real estate market is beginning to recover after a prolonged downturn.

Kyiv’s elite real estate market is beginning to recover after a prolonged downturn. Since 2022, elite properties in Ukraine have undergone significant changes. The severe downturn at the onset of the war resulted in stagnation for several years. However, last year marked the first si...

Wednesday, May 14

The Minerals Deal: A Critical Step in Ukraine’s Path Towards Independence

The Minerals Deal: A Critical Step in Ukraine’s Path Towards Independence In his infamous 2021 essay, “On the Historical Unity of Russians and Ukrainians”, published just 7 months before the full-scale invasion, President Putin insisted that the “true sovereignty of Ukraine...

Tuesday, May 13

Prices for agricultural land in different regions of Ukraine vary by more than 900%.

Prices for agricultural land in different regions of Ukraine vary by more than 900%. At the end of April, the average cost of a hectare of land in Ukraine was ₴86,655 ($2,090), which is over ₴32,000 ($772) higher than a month earlier (+59%). This marks the highest figure since the beg...

Friday, May 9

The war has raised the cost of a square meter of housing in Ukraine by 100%.

The war has raised the cost of a square meter of housing in Ukraine by 100%. Over the three years of the war, the cost of housing construction in Ukraine has increased by an average of 90-115%, depending on the housing class, and it continues to grow. The reasons lie not only ...

Thursday, May 8

Ukraine real estate developers will launch several shopping malls in Kyiv.

Ukraine real estate developers will launch several shopping malls in Kyiv. Next year, A Development will open two shopping complexes in Kyiv: The White Lines shopping mall and the A-Station passage. The White Lines shopping mall will open in early 2026, covering an area of 2...

Monday, May 5

Ukraine’s construction industry is recovering despite the war.

Ukraine’s construction industry is recovering despite the war. According to Trading Economics, in 2025 Ukraine’s construction sector shows signs of recovery and growth, despite the challenges posed by the consequences of hostilities and economic instability...

Friday, May 2

The Ukrainian hotel market is experiencing a revival, with regions exceeding pre-war occupancy and prices.

The Ukrainian hotel market is experiencing a revival, with regions exceeding pre-war occupancy and prices. According to hotel analytics service HotelMatrix, in the first quarter of 2025 the average daily rate (ADR) for Ukrainian hotels in major tourist regions showed record growth. Hotel prices in Kyiv con...

Thursday, May 1

Ukraine’s agreement with the EIB on social housing is expected to be signed by the end of the year.

Ukraine’s agreement with the EIB on social housing is expected to be signed by the end of the year. The European Investment Bank (EIB) is already evaluating a pilot social housing project in Ukraine. The signing of the initial financing agreement for the project could happen as early as this year, s...

Ukraine’s construction market is divided into three zones, each with its own trend for 2025.

Ukraine’s construction market is divided into three zones, each with its own trend for 2025. Experts indicate that development plans in the eastern and eastern central regions are currently very restrained. New projects are rarely launched; most activity is on projects that were initiated bef...

Wednesday, April 30

What is happening in the Ukrainian real estate market in 2025, and what prospects will emerge after the war?

What is happening in the Ukrainian real estate market in 2025, and what prospects will emerge after the war? The Ukrainian real estate market is currently showing signs of stabilization and gradual recovery. In the primary market, prices continue to rise, driven not only by demand but also by an increase in ...

A shopping and hotel complex spanning over 4,500 square meters is set to open in a resort town in the Lviv region.

A shopping and hotel complex spanning over 4,500 square meters is set to open in a resort town in the Lviv region. The new Park complex, featuring more than 4,500 square meters of space, will be located in Truskavets. Plans include several restaurants, a large grocery market, a spa, clothing and other household go...

Tuesday, April 29

After altering the terms of the preferential mortgage program to favor developers, loan issuance fell by 33%.

After altering the terms of the preferential mortgage program to favor developers, loan issuance fell by 33%. In February 2025, Ukrainian banks issued 516 mortgage loans totaling ₴926M, which is 7% higher than the mortgage lending volume in January. However, this amount is a third less than in February of las...

Thursday, April 24

Last year, warehouse operators in Kyiv began to refocus on large-scale transactions.

Last year, warehouse operators in Kyiv began to refocus on large-scale transactions. This year, warehouse space in Kyiv will increase by a record amount, which will help increase vacancy in the tight logistics market. Last year, the total supply of warehouse area in the capital grew b...

Wednesday, April 23

This year, the number of hotel rooms in Ukraine will increase by 1,400 rooms.

This year, the number of hotel rooms in Ukraine will increase by 1,400 rooms. According to EY Ukraine, the largest hotels that are scheduled for commissioning in 2025 are located in the safer regions of western Ukraine. Specifically, the Ivano-Frankivsk region will see the most...

Wednesday, April 16

Last year, a Ukrainian developer put over 500,000 square meters of new retail space into operation.

Last year, a Ukrainian developer put over 500,000 square meters of new retail space into operation. The total volume of construction work completed in Ukraine in 2024 rose by 15.5% compared to the previous year, reaching ₴204.7B, against a 25% increase in 2023. The non-residential construction secto...

Friday, April 11

In the first quarter, prices in Ukraine’s secondary residential real estate market increased across all regions.

In the first quarter, prices in Ukraine’s secondary residential real estate market increased across all regions. According to LUN, a real estate search engine, Kyiv fell to third place behind Uzhhorod in the one-room apartment segment, where the average cost of a one-room apartment rose by 16% over six months, r...

Wednesday, April 2

Ukraine has lost about 13% of its housing stock due to the war; restoration efforts are underway.

Ukraine has lost about 13% of its housing stock due to the war; restoration efforts are underway. Following the full-scale invasion of Ukraine by the Russian Federation, approximately 13% of Ukraine’s housing stock was destroyed, as stated by Deputy Minister of Development Natalia Kozlovska....

Wednesday, March 26

Office rental prices in Kyiv continue to decline.

Office rental prices in Kyiv continue to decline. Rental rates in Kyiv’s business centers have been falling during the first months of 2025. This trend occurs amid increasing pressures on tenants. In August of last year, rent for class A facili...

Monday, March 24

Ukraine aims to earn ₴1B from leasing state land this year.

Ukraine aims to earn ₴1B from leasing state land this year. The State Land Bank has included 2,479 plots of land, valued at an estimated ₴1B ($23M), in a second pool, as reported by the State Property Fund. This represents 206,382 hectares of land across 23 re...

An American fund plans to build housing for displaced individuals in 20 Ukrainian communities.

An American fund plans to build housing for displaced individuals in 20 Ukrainian communities. The Charity Hansen Ukrainian Mission, established by American philanthropist Dell Loy Hansen, plans to construct 10,000 apartments for internally displaced individuals in 20 communities throughout Ukr...

Wednesday, March 19

Developers in Kyiv prefer to build business-class housing, while budget residential complexes are built in the suburbs.

Developers in Kyiv prefer to build business-class housing, while budget residential complexes are built in the suburbs. During the last three years of war, construction costs in Kyiv have increased by 16% annually, according to average annual indicators of the indirect cost of housing construction in Ukraine. It is not...

Tuesday, March 18

Plans for the construction of industrial facilities in Ukraine have surpassed pre-war levels.

Plans for the construction of industrial facilities in Ukraine have surpassed pre-war levels. Due to the full-scale war, industrial construction in Ukraine has predictably declined, with nearly 500 large and medium-sized enterprises seriously damaged or destroyed. However, in the relatively sa...

The pace of housing construction in Kyiv continues to lag behind pre-war levels, while the suburban market is more active.

The pace of housing construction in Kyiv continues to lag behind pre-war levels, while the suburban market is more active. Between 2011 and 2023, over 9.39 million square meters of housing were put into operation annually in Ukraine, according to UTG analysts. Each year, approximately 13.7% (1.35 million square meters) we...

Monday, March 17

Last year, Ukrainian developers started the construction of 70,000 apartments. Where was housing construction most active?

Last year, Ukrainian developers started the construction of 70,000 apartments. Where was housing construction most active? The number of apartments in residential buildings at the initial stage of construction in Ukraine in 2024 was just 70,000. The ranking of regions where the most housing is being built is as follows: K...

Sunday, March 16

The international order is shifting dramatically under Trump – what does it mean for Ukraine?

The international order is shifting dramatically under Trump – what does it mean for Ukraine? Ukraine Business Network (UBN Network) and Ukraine Business News (UBN) held a live event titled “War & Investments” in Kyiv on March 14. The main topic of discussion was Ukraine’s outl...

Monday, March 10

In 2025, 250,000 square meters of new warehouse space will be launched in Kyiv.

In 2025, 250,000 square meters of new warehouse space will be launched in Kyiv. The volume of new supply planned for the capital’s warehouse real estate market in 2025 is 250,000 square meters. Last year, the volume of new supply increased by 79,000 square meters. Of the to...

Wednesday, March 5

The vacancy rate at Kyiv’s shopping malls decreased slightly last year.

The vacancy rate at Kyiv’s shopping malls decreased slightly last year. According to analysts’ estimates, the share of vacant space in Kyiv’s shopping malls in 2024 was 13.1%, down from 16.3% the previous year. The highest vacancy rates are primarily concentra...

Monday, March 3

Ukrainian developers have increased housing construction volume.

Ukrainian developers have increased housing construction volume. According to 2024’s results, housing construction in Ukraine rose by 21.1% compared to 2023, reaching 9.759 million square meters, according to the State Statistics Service. Meanwhile, 51% of to...

Wednesday, February 26

In Kyiv’s business centers, leasing activity has returned to pre-war levels.

In Kyiv’s business centers, leasing activity has returned to pre-war levels. The most troubled commercial real estate market has begun to recover in the war’s third year. The average vacancy rate in Kyiv’s business centers has dropped by 2.7% since the start of the...

Thursday, February 13

Ukrainians have shifted their investment preferences from housing to land.

Ukrainians have shifted their investment preferences from housing to land. In 2024, notaries certified 452,217 real estate purchase and sale agreements, 12% more than the previous year but 28% less than before the full-scale Russian invasion. Analysts noted that 60% of all a...

For the first time since the start of the war, a private Western fund has bought Ukrainian real estate.

For the first time since the start of the war, a private Western fund has bought Ukrainian real estate. Dutch real estate fund Arcona Property Fund (APF) has purchased a land plot in the center of Kyiv from a British company, Secure Property Investment and Development (SPDI). This deal is the first purc...

The OKKO Group has started building the first hotels at the GORO Mountain Resort.

The OKKO Group has started building the first hotels at the GORO Mountain Resort. Construction of the OKKO Group’s first hotel complex has begun at the GORO Mountain Resort. The first complex consists of three hotels with 415 rooms. The total area is 48,000 square meters, of ...

Tuesday, February 11

Renting warehouse storage will become more expensive in 2025.

Renting warehouse storage will become more expensive in 2025. With limited construction and high demand for warehouse space, Ukraine has experienced a rise in rental rates for the second consecutive year. Last year, rates for the most sought-after Class A facili...

Monday, February 10

A record number of warehouses will be built in Ukraine in 2025.

A record number of warehouses will be built in Ukraine in 2025. Ukrainian developers plan to commission a record number of warehouses – about 500,000 square meters in 2025. The warehouse real estate market has suffered considerable losses during the almost three y...

Thursday, February 6

Ukrainians are actively buying real estate in Turkey; only Russians and Iranians have bought more.

Ukrainians are actively buying real estate in Turkey; only Russians and Iranians have bought more. Last year, Ukrainians purchased over 1,600 real estate properties in Turkey and became the third largest foreign buyer after the Russian Federation and Iran, according to data from the Turkish Statist...

Tuesday, February 4

What is the current price for land in Ukraine, and how has it changed since the Land Market opened in 2021?

What is the current price for land in Ukraine, and how has it changed since the Land Market opened in 2021? According to industry experts, the price of land at the beginning of trade in Ukraine’s agricultural land market in 2021 was ₴32,972 per hectare, roughly €1,000 at the 2021 exchange rate. Despit...

What is driving Ukraine’s housing market?

What is driving Ukraine’s housing market? The Confederation of Builders of Ukraine reported that thanks to eOselya, the state preferential mortgage program, housing sales in the country have increased. According to developers, during the last...

Monday, February 3

Alterra Group invests $8.5M to expand its logistics center due to increased demand.

Alterra Group invests $8.5M to expand its logistics center due to increased demand. Alterra Group, specializing in developing and managing commercial real estate, has invested $8.5M in expanding the Joule logistics center (Svyatopetrivske, Kyiv region) from 8,000 to 20,000 square fee...

Friday, January 31

Russians are purchasing real estate in the EU, primarily in France.

Russians are purchasing real estate in the EU, primarily in France. The number of real estate transactions by Russian citizens in the EU has remained steady over the year, reported Intermark Global. Additionally, the share of European countries in the total volume of ...

Thursday, January 30

The government will create mechanisms to stimulate housing construction in Ukraine.

The government will create mechanisms to stimulate housing construction in Ukraine. Prime Minister Denys Shmyhal has tasked relevant state structures with developing effective methods to promote housing construction in light of the destruction and damage to 10% of Ukraine’s hou...

Tuesday, January 28

Most housing units built during the war are in the west, but the highest sales were in the center and south of Ukraine.

Most housing units built during the war are in the west, but the highest sales were in the center and south of Ukraine. According to the National Bank, the largest number of housing purchase and sale agreements on the secondary market for 10 months of last year was concluded in the Dnipropetrovsk region – 12% of the to...

Friday, January 24

How much real estate have Ukrainians bought in Poland during the war?

How much real estate have Ukrainians bought in Poland during the war? During the war, Ukrainian citizens in Poland have became one of the most active buyers of real estate among foreigners. Analysts point to the many Polish residential and commercial properties that Ukr...

Thursday, January 23

A Ukrainian developer starts construction of a new hotel that will have almost 500 apartments in the west of Ukraine.

A Ukrainian developer starts construction of a new hotel that will have almost 500 apartments in the west of Ukraine. Ukrainian real estate developer Perfect Group has begun construction of the Velmy apart-hotel in Polyanytsia, in the Ivano-Frankivsk region. The goal of the Velmy project is to change the standards of...

Tuesday, January 21

In which regions of Ukraine is housing becoming more expensive?

In which regions of Ukraine is housing becoming more expensive? Over the past six months, the most expensive housing in the primary market has been in Kropyvnytskyi – by 8% to $1,070 per square meter. Last year, three new residential complexes were built in the ci...

Friday, January 17

Farmers from Ukraine have started buying and renting land in Poland: how much does a hectare cost?

Farmers from Ukraine have started buying and renting land in Poland: how much does a hectare cost? Because of the favorable conditions for farming, demand for land in Poland is growing among Ukrainian farmers. Land prices in Poland vary significantly depending on the region, purpose, and other fact...

Thursday, January 16

Experts provide a forecast for the Ukrainian mortgage market in 2025.

Experts provide a forecast for the Ukrainian mortgage market in 2025. Ukrainian banks predict that, with favorable economic and military conditions in 2025, about 40% of all mortgage loans issued under the eOselya program may be used in the primary housing market. The p...

The NBU says buying a home has become more profitable, but Ukrainians are shying away from risk because of the war.

The NBU says buying a home has become more profitable, but Ukrainians are shying away from risk because of the war. Currently, price conditions in the real estate market are more favorable than before the full-scale invasion, but due to war risks, Ukrainians are not ready to invest in housing, the national bank sai...

Wednesday, January 15

Analysts sum up the Ukrainian real estate market’s annual results:

Analysts sum up the Ukrainian real estate market’s annual results: In 2024, 181 new buildings were put into operation in Ukraine. The largest number of completed objects is in the Kyiv and Lviv regions (excluding Kyiv). The average cost per square meter in dollars is...

Tuesday, January 14

Ukrainian warehouse real estate market trends at the end of the third year of war:

Ukrainian warehouse real estate market trends at the end of the third year of war: The commissioning of new facilities and high development activity – 200,000 square meters of warehouses are being built, and the low vacancy rate indicates the competitiveness and prospects of the war...

Monday, January 13

Head of Piraeus Bank in Ukraine Has Been Elected Chairman of the FLIFI.

Head of Piraeus Bank in Ukraine Has Been Elected Chairman of the FLIFI. CEO of Piraeus Bank in Ukraine, Yannis Kyriakopoulos, has been elected Chairman of the Forum of Leading International Financial Institutions (FLIFI), which operates under the umbrella of the American ...

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