Real Estate

Wednesday, November 6

The co-owner of a Ukrainian supermarket chain enters the real estate development business.

The co-owner of a Ukrainian supermarket chain enters the real estate development business. BGV Group Management, an investment company and co-owner of one of the largest retail chains in Ukraine, ATB, has partnered with SAGA Development, a Ukrainian developer with a two million square meter...

The lease of 1,200 hectares of state farmland brought ₴35M to Ukraine’s coffers.

The lease of 1,200 hectares of state farmland brought ₴35M to Ukraine’s coffers. The main takeaway from the first month of auctions by the Land Bank is ₴34.7M including VAT paid to the budget and 19 concluded agreements with winners from six regions. As a result of these auctions,...

Tuesday, November 5

Land prices for individuals have increased by 10% since the commercial land market opened.

Land prices for individuals have increased by 10% since the commercial land market opened. In a new analytical review of the land market by the KSE, it is reported that after the opening of Ukraine’s agricultural land market for companies, prices for transactions involving individuals have ...

Friday, November 1

Hotel Ukraine has a new owner, while the Bilhorod-Dnistrovskyy port still belongs to the state.

Hotel Ukraine has a new owner, while the Bilhorod-Dnistrovskyy port still belongs to the state. The winner of the auction for the privatization of the Hotel Ukraine paid ₴2.5B and ₴502M in VAT, delivering more than ₴3B to Ukraine’s coffers. With that, according to the Ministry of Economy, ...

Thursday, October 31

What will happen Ukraine’s agricultural land prices?

What will happen Ukraine’s agricultural land prices? Despite the war, prices for agricultural land in Ukraine continue to grow, according to market experts. Weighted average prices have been gradually increasing by up to 10% since the beginning of the y...

Wednesday, October 30

Russia has destroyed about 60 million square meters of housing in Ukraine; outdated housing legislation will be updated.

Russia has destroyed about 60 million square meters of housing in Ukraine; outdated housing legislation will be updated. Since the beginning of Russia’s full-scale invasion of Ukraine, about 60 million square meters of housing have been destroyed or significantly damaged, reported the head of the Parliamentary Com...

Tuesday, October 29

German businesses contemplate their options as the suspension of military reservations threatens companies working in Ukraine.

German businesses contemplate their options as the suspension of military reservations threatens companies working in Ukraine. The suspension of the reservation of Ukrainian workers, despite the millions of dollars invested by German companies to support Ukraine’s economy during the war, threatens the business community...

The price of real estate on the primary market is rising despite low demand.

The price of real estate on the primary market is rising despite low demand. The key problem of the primary real estate market is the drop in demand: Ukrainians postpone the purchase of housing until victory if there is no extreme need for it. Also, buyers now prefer the secon...

Friday, October 25

Ukrainians bought 7,700 apartments in Poland last year, although Polish real estate is 200% more expensive than in Ukraine.

Ukrainians bought 7,700 apartments in Poland last year, although Polish real estate is 200% more expensive than in Ukraine. According to the Polish Central Bank, last year Ukrainians bought real estate in Poland with a total area of almost 380,000 square meters. This is despite the fact that in Poland, due to a real esta...

Thursday, October 17

In Ukraine, visitors to shopping malls are increasing and new facilities are opening.

In Ukraine, visitors to shopping malls are increasing and new facilities are opening. In the first half of the year, the average number of visitors to shopping malls in Ukraine increased by 4% compared to last year. According to UTG, the number of visitors to shopping and entertainment...

Tuesday, October 15

Ukrainians invest in newly built real estate in anticipation of rising prices.

Ukrainians invest in newly built real estate in anticipation of rising prices. Considering that in 2025 the expected inflation rate will be almost 10%, and the dollar exchange rate will reach ₴45/$1, the cost of new construction next year may increase by at least 10-15% in hryvn...

Monday, October 14

Analysts summarize September’s results for Ukraine’s real estate market.

Analysts summarize September’s results for Ukraine’s real estate market. According to the experts, two new buildings in the Lviv region and one in the Kyiv region were commissioned in September. The average cost per square meter in dollar equivalent increased by 1-6%, depe...

Wednesday, October 9

In one of Ukraine’s regions, land prices have risen to record levels during the war.

In one of Ukraine’s regions, land prices have risen to record levels during the war. Land prices have always depended not only on its quality but also on the plot’s geographical location. Before the war, the most expensive land in Ukraine was in the central region. However, with...

Thursday, October 3

Real estate developers in Ukraine opened sales in almost 500 new residential complexes during the war.

Real estate developers in Ukraine opened sales in almost 500 new residential complexes during the war. Primary housing market dynamics are currently showing growth after their collapse in the first year of the war when the pace of construction fell by an average of 65%. Since the beginning of the full-...

The number of hotels, motels, and hostels in Ukraine is growing.

The number of hotels, motels, and hostels in Ukraine is growing. According to research by the Ribas Hotels Group, the country’s tourism industry is actively recovering despite the challenges associated with the war, the COVID-19 pandemic, and the annexation o...

Wednesday, October 2

Housing purchases through mortgages can comprise 45% of Ukraine’s primary market.

Housing purchases through mortgages can comprise 45% of Ukraine’s primary market. Given stable financing for the state’s preferential lending program, eOselya, the share of mortgage sales on the primary market will increase to 40-45%, experts from the DIM group of companies p...

Wednesday, September 25

A new industrial park with dozens of factories will be open in Prykarpattia.

A new industrial park with dozens of factories will be open in Prykarpattia. The Minister of Economy reported that the Cabinet of Ministers has registered the new Kalush Production industrial park in Kalush, Ivano-Frankivsk region. The park’s production capacity includes...

Tuesday, September 24

Ukrainian real estate developer is launching two new projects in Kyiv.

Ukrainian real estate developer is launching two new projects in Kyiv. Construction company Intergal-Bud announced the launch of two new projects with a total area of about 190,000 square meters that will break ground by the end of 2024, said Anna Laevska, Intergal-Bud...

Monday, September 23

How will the real estate market react to the hryvnia’s further fall?

How will the real estate market react to the hryvnia’s further fall? Until the end of the year, bankers forecast exchange rate fluctuations in the current corridor of ₴41.3-42 per $1. This coincides with the exchange rate calculations laid down in the state budget (₴42...

Friday, September 20

Summer shelling halved the demand for housing in new buildings.

Summer shelling halved the demand for housing in new buildings. In August, the demand for apartments in new buildings fell by an average of 40-50% compared to July, according to industry experts. However, after the restoration of uninterrupted power supply, intere...

Wednesday, September 18

Leasing of Ukraine’s state lands next year will generate ₴8B for the budget.

Leasing of Ukraine’s state lands next year will generate ₴8B for the budget. Through the Land Bank’s implementation, Ukraine will receive several billion hryvnias from the lease of state lands next year, which will contribute to the country’s economic development, ...

The volume of new housing construction in Ukraine fell by 8%.

The volume of new housing construction in Ukraine fell by 8%. According to the State Statistics Service, the total area of residential buildings for which construction permits were issued (new construction) decreased by 7.7% in January-June 2024 compared to th...

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,...

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