Real Estate

Tuesday, September 17

Odesa is actively working on the creation of two multi-disciplinary industrial parks.

Odesa is actively working on the creation of two multi-disciplinary industrial parks. Despite the full-scale war, Odesa city authorities are actively working to create two industrial parks, said the mayor of Odesa, Gennady Trukhanov. The first park (Odesa Innovation Park) will be locat...

The share of housing purchased through the subsidized mortgage program will double by the end of the year.

The share of housing purchased through the subsidized mortgage program will double by the end of the year. According to forecasts, penetration of the primary market by the popular preferential mortgage program eOselya will increase significantly in 2024. According to bankers, the share of housing on the pr...

Wednesday, September 11

Kyiv commissioned 23,400 sq m of warehouse capacity this year, and another 205,000 sq m will be added.

Kyiv commissioned 23,400 sq m of warehouse capacity this year, and another 205,000 sq m will be added. The capital’s warehouse real estate market expanded by 23,400 square meters in January-June 2024 after the launch of the first phase of the Dudarkiv logistics complex, reported CBRE. In the seco...

Wednesday, September 4

Companies have become more active in the land market, which is increasing prices.

Companies have become more active in the land market, which is increasing prices. The volume of concluded purchase and sale agreements in the Ukrainian agricultural land market in July 2024 increased by 10.2% and by 4.3% in terms of the area of land in circulation compared to Jun...

Owning a home is hard to afford even in wealthy countries: Prices are skyrocketing.

Owning a home is hard to afford even in wealthy countries: Prices are skyrocketing. Half of the respondents from the countries of the Organization for Economic Cooperation and Development (OECD), which unites 38 countries with high individual income and a high human development index...

Investing in Ukrainian real estate is more profitable than in EU countries: Prices will increase by 100% after the war.

Investing in Ukrainian real estate is more profitable than in EU countries: Prices will increase by 100% after the war. The top manager of developer Intergal-Bud, Anna Laevska, noted that currently in Ukraine, prices for premium-class apartments are on the same level as prices for economy-class housing in Hungary or Ge...

Friday, August 30

Ukrainian developers are diversifying their risk and building more in Europe and Asia.

Ukrainian developers are diversifying their risk and building more in Europe and Asia. Due to the war, Ukrainian developers have intensified their foreign construction projects against the backdrop of a slowdown in Ukraine’s primary housing market. In 2022-2023, about 100 million ...

Tuesday, August 27

Primary real estate in Ukraine will increase in price by 5-10% by the end of the year.

Primary real estate in Ukraine will increase in price by 5-10% by the end of the year. According to the real estate developer Intergal-Bud, an upward price trend returned to Ukraine’s primary real estate market in July. Currently, prices are slightly higher than at the beginning o...

Thursday, August 22

Warehouse rents have increased by 25% during the year due to a shortage of space and the hryvnia’s devaluation.

Warehouse rents have increased by 25% during the year due to a shortage of space and the hryvnia’s devaluation. Top manager of Dragon Capital Property Management Dmytro Kalinichev said that in 2024 rental rates for warehouse real estate in Ukraine increased significantly – and in dollar terms reached the level ...

Wednesday, August 21

Vacancy in the capital’s shopping centers fell to 15% but may increase to 17%. What is the reason?

Vacancy in the capital’s shopping centers fell to 15% but may increase to 17%. What is the reason? Vacancy in Kyiv’s shopping and entertainment centers decreased from 16.3% last year to 15.2% at the end of the first half of 2024, UTG notes. At the same time, experts pointed to a tendency towa...

Monday, August 19

Two new business centers were opened in Kyiv. What is happening with demand and rental prices?

Two new business centers were opened in Kyiv. What is happening with demand and rental prices? In the first half of the year, 29,300 square meters of new office space were put into operation in Kyiv, according to a study by CBRE Ukraine. This total consists of two B-class business centers, Heri...

Ukraine’s real estate still attracts foreign investors despite the war. What are they buying?

Ukraine’s real estate still attracts foreign investors despite the war. What are they buying? The real estate market has shrunk significantly, but some foreigners are studying it carefully and are ready to invest in real estate in Kyiv, said the real estate management company Act Service. It i...

How do Ukrainians buy housing on the primary market?

How do Ukrainians buy housing on the primary market? More than 65% of all housing sales on the primary market are carried out with the help of installment programs, about 30% are sold for the full price, and 5% with the help of mortgages – the state pro...

Two industrial parks will attract more than ₴2.3B in investment, and a Finnish company will launch building materials production.

Two industrial parks will attract more than ₴2.3B in investment, and a Finnish company will launch building materials production. Ukraine has registered two new industrial parks, creating 1,350 jobs: Sokyryany Industry HAB in Western Ukraine and KIT in Bucha (Kyiv Oblast). KIT will attract ₴1.75B in investment and specialize in ...

Friday, August 9

What is happening in the Ukrainian office real estate market in the third year of the war?

What is happening in the Ukrainian office real estate market in the third year of the war? The market for office space continues to decline, continuing the trend that began after the beginning of the pandemic in 2020. The supply of new locations in the market is growing, and demand is decre...

Thursday, August 8

Rental activity in the warehouse market increased by 13%.

Rental activity in the warehouse market increased by 13%. Rental activity in Ukraine’s warehouse real estate market in January-June increased by 13% compared to the same period last year and amounted to about 70,000 square meters, according to CBRE. De...

Wednesday, August 7

Ukraine will now allow foreign companies to build large facilities in Ukraine without additional licenses.

Ukraine will now allow foreign companies to build large facilities in Ukraine without additional licenses. The Cabinet of Ministers amended a resolution, opening the possibility for representative offices of foreign companies and organizations in Ukraine to engage in the construction of large facilities. T...

Tuesday, August 6

The land market has become more active in Ukraine; how have prices for agricultural land changed?

The land market has become more active in Ukraine; how have prices for agricultural land changed? There were 27,300 purchase agreements for Ukrainian agricultural land in the second quarter of the year, with a total area of 60,800 hectares (+6.3% and +3.3%, respectively, compared to the first qu...

The capital of Transcarpathia has become the housing construction leader among Ukrainian cities.

The capital of Transcarpathia has become the housing construction leader among Ukrainian cities. Uzhhorod is currently the leader among Ukrainian cities in housing construction, followed by Ivano-Frankivsk and Lviv. Bucha and Irpin in the Kyiv region round out the top five cities, said the Presid...

Friday, August 2

Land auction participants have earned more than ₴1B.

Land auction participants have earned more than ₴1B. The price of land increased by more than 50% in 2024 in land auctions conducted using the state’s electronic trading system, Prozorro. Gross sales from these auctions total more than ₴1B since the beg...

Wednesday, July 31

Up to 20% of Ukraine’s construction market is comprised of commercial real estate restoration projects,

Up to 20% of Ukraine’s construction market is comprised of commercial real estate restoration projects, said Andriy Ozeychuk, director of the engineering and construction company, Rauta. “Despite the risks of war, the owners of most of the destroyed commercial properties are investing in their rec...

Tuesday, July 30

Ukraine’s social housing fund can finish the construction of hundreds of unfinished buildings across the country.

Ukraine’s social housing fund can finish the construction of hundreds of unfinished buildings across the country. The head of the specialized committee of the parliament, Olena Shulyak, noted that one focus of the social housing fund can be long-term unfinished buildings – houses that have not been completed for ...

Friday, July 12

New housing in Ukraine will become more expensive: Experts name the reasons.

New housing in Ukraine will become more expensive: Experts name the reasons. According to Gazda, a Ukrainian construction company, the price of residential objects that will begin construction in the second quarter is set at the level of ₴45-47 per $1. The price per square met...

Tuesday, July 9

Half a million hectares were sold in three years. How much is the land worth?

Half a million hectares were sold in three years. How much is the land worth? After the opening of Ukraine’s land market, 567,322 hectares of agricultural land were sold. In total, 253,416 land plots were sold at an average price of ₴41,000 ($1,007 at the current exchange...

Monday, July 1

Construction in Ukraine grew by 40%, and investors are ready to invest $500M in the industry.

Construction in Ukraine grew by 40%, and investors are ready to invest $500M in the industry. In the first quarter, the volume of construction work increased by 40.3% year-on-year, according to the State Statistics Service. Growth in January was 18.1%; in February, it accelerated to 20.7%; in ...

In Ukraine, the price of land increased by 8.2% in May, which is a new record.

In Ukraine, the price of land increased by 8.2% in May, which is a new record. Agricultural land purchases and sale prices in May increased significantly compared to April and are currently the highest in the history of Ukraine’s land market: the weighted average price per...

Thursday, June 27

The EIB is preparing a pilot project to finance social housing construction in Ukraine and will provide €400M.

The EIB is preparing a pilot project to finance social housing construction in Ukraine and will provide €400M. According to EIB representative Grzegorz Gajda, the initiative will be accompanied by an EU grant contribution. “As part of the project, social housing will be developed in several cities in Ukr...

Foreign investors entering Ukraine’s reconstruction market will bring their own specialists; this will increase the cost of projects.

Foreign investors entering Ukraine’s reconstruction market will bring their own specialists; this will increase the cost of projects. The Ukrainian construction industry suffers from a shortage of personnel, so developers have started to raise salaries. Experts note that “attracting migrants was and still is standard practice,...

Tuesday, June 25

In the first quarter, real estate developers started construction on a record low number of new buildings.

In the first quarter, real estate developers started construction on a record low number of new buildings. In Ukraine during the first quarter of 2024, real estate developers started constructing only 9,900 new apartments, reported the State Statistics Service. The rate of new construction is lower than ev...

What is happening in Ukraine’s primary housing market, and what risks are putting pressure on the state mortgage program?

What is happening in Ukraine’s primary housing market, and what risks are putting pressure on the state mortgage program? In the primary housing market, a developer’s financial ability to complete construction on time and wartime circumstances are associated with high risk. And these credit risks fall entirely on t...

Thursday, June 20

The NBU has characterized the Ukrainian real estate market’s main trends and warn of a possible shortage of new housing.

The NBU has characterized the Ukrainian real estate market’s main trends and warn of a possible shortage of new housing. Prices for residential real estate are rising in Ukraine, although demand for it is still low, the National Bank reported. The number of completed deals is much smaller than before the full-scale war....

Friday, June 14

Ukraine’s demand for housing in new buildings reaches only 35% of the pre-war level.

Ukraine’s demand for housing in new buildings reaches only 35% of the pre-war level. The demand for housing in new construction in Ukraine is approximately 35% of the pre-war level, but in some western regions, it has increased by 50%, according to the GAZDA construction company. It i...

The DFC will help Ukraine to develop an affordable housing market.

The DFC will help Ukraine to develop an affordable housing market. The Ministry of Economy, the American International Development Finance Corporation (DFC), and Citibank signed a memorandum on the development of the mortgage lending market in Ukraine. The Minister o...

Thursday, May 30

Ukraine unveils the Land Bank project, allowing farmers to lease state lands through auctions.

Ukraine unveils the Land Bank project, allowing farmers to lease state lands through auctions. The State Property Fund (SPFU) presented its Land Bank project, which allows farmers to lease state land transparently and competitively through Prozorro.Sales online auctions. The starting price for ...

Tuesday, May 28

What happened in Ukraine’s land market in April?

What happened in Ukraine’s land market in April? Analysts from the KSE Agrocenter notes that Ukraine’s agricultural land market continued to grow in April 2024. Purchase and sale agreement volumes were the largest since the beginning of the full-sca...

Friday, May 24

How will land prices in Ukraine grow?

How will land prices in Ukraine grow? The growth in Ukraine’s agricultural land prices over the next five years will be no more than 100%, according to Dmytro Skornyakov, CEO of HarvEast. “As long as land in Ukraine is a means of pr...

Wednesday, May 22

The State Property Fund announces a new strategy for the use of state lands.

The State Property Fund announces a new strategy for the use of state lands. The Ukrainian state owns about 800,000 hectares of land, and almost half of it is currently at the disposal of the State Property Fund of Ukraine (SPFU). Currently, the fund has ownership of 386,000 h...

Tuesday, May 21

Ukraine is transforming the housing market, relying on the EU’s experience.

Ukraine is transforming the housing market, relying on the EU’s experience. Ukraine wants to provide tax incentives for social housing operators and develop an effective mechanism for establishing rental rates, said the head of the Parliamentary Committee on Urban Planning, O...

Monday, May 20

An American company seeks to invest in the Lviv region and build affordable housing.

An American company seeks to invest in the Lviv region and build affordable housing. The American investment company Chicago Atlantic Trident will consider investing in the construction of affordable housing and industry in the Lviv region, said the head of the OVA, Maksym Kozytskyi. ...

Thursday, May 16

The housing rental market has slowed amid news from the front.

The housing rental market has slowed amid news from the front. According to the DIM.RIA marketplace, due to the uncertain situation at the front, the rental market and the purchase and sale of apartments are currently in limbo. Rental market offers have fallen si...

Wednesday, May 15

Kyiv real estate developer has kept every Ukrainian project alive and is investing hundreds of millions of dollars.

Kyiv real estate developer has kept every Ukrainian project alive and is investing hundreds of millions of dollars. Arricano Real Estate plc continues to invest in restoring the Sunny Gallery shopping center in Kryvyi Rih and constructing the Lukianivka shopping center in Kyiv, Arricano’s top manager Margus K...

Tuesday, May 14

A Ukrainian startup selling new real estate in the US is capturing the market at high speed.

A Ukrainian startup selling new real estate in the US is capturing the market at high speed. Ukrainian PropTech startup NewHomesMate, headquartered in Austin, Texas (US), launched a platform for finding and buying new real estate in the US in 2020. The startup was founded by Bohdan Hnatkovsky...

Wednesday, May 8

Real estate in the capital region fell by 7% amid uncertainty.

Real estate in the capital region fell by 7% amid uncertainty. The situation at the front affects the supply and demand for housing. In particular, the number of available properties has increased in Kyiv, but buyers are in no rush to acquire them. As a result, p...

Friday, May 3

Ukraine is working on new housing modernization and studying the EU’s experience.

Ukraine is working on new housing modernization and studying the EU’s experience. The Ukrainian Parliament is studying the possibility of using European experience to solve the problem of its outdated housing stock – in particular, small-scale Khrushchevka apartment housing, ...

Thursday, May 2

Experts record an increase in home purchases made over time.

Experts record an increase in home purchases made over time. The share of home purchase agreements on installment terms reached 95% in March 2024, while the figure was 85% a year ago and 70% in the pre-war period, analysts from the DIM group of companies report...

The construction business in Ukraine has the most optimistic expectations.

The construction business in Ukraine has the most optimistic expectations. According to a NBU survey, builders’ expectations are primarily related to the significant budget funding announced by the state for the restoration of infrastructure. Also, builders are counting on i...

Tuesday, April 30

Kyiv will have a large-scale shortage of apartments in new buildings.

Kyiv will have a large-scale shortage of apartments in new buildings. According to developers, there is no shortage of new housing in Ukraine yet, but the prerequisites for its appearance are being formed, especially in Kyiv, where almost no new projects have appeared s...

Friday, April 26

Lviv has become the leader in housing prices, not only in new buildings but also in the suburban real estate sector.

Lviv has become the leader in housing prices, not only in new buildings but also in the suburban real estate sector. The average cost per square meter of single-family dwellings has still not reached pre-war levels, but prices are actively growing in the western regions of Ukraine. In Kyiv and the region as of April...

Tuesday, April 23

The EIB has developed a program for the green restoration of damaged buildings in Ukraine with a budget of €230M.

The EIB has developed a program for the green restoration of damaged buildings in Ukraine with a budget of €230M. “The program of energy-efficient restoration has been fully calculated, its budget is €230M, of which the pilot phase is €30M. We will work comprehensively with entire houses,” EIB representative Oksa...

Thursday, April 18

Instead of buying, businesses are selling agricultural land in Ukraine.

Instead of buying, businesses are selling agricultural land in Ukraine. Ukrainian companies sold at least 1,283 hectares as of March 18, 2024. Since the beginning of 2024, at least 342 land plots have been sold. Since the land market was opened for legal entities, despite...

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