Real Estate

Wednesday, December 27

Real estate developers are reorienting their businesses to the regions.

Real estate developers are reorienting their businesses to the regions. According to the director of Intergal-Bud, the company had a sales boom in Chernivtsi in 2022. In 2023, the company raised prices for apartments in its facilities in Chernivtsi, and sales plans were e...

Tuesday, December 26

In Ukraine, three more industrial parks have been registered with a total investment of about ₴1B.

In Ukraine, three more industrial parks have been registered with a total investment of about ₴1B. The Krasyliv Technoport Park, which will specialize in metalworking and manufacturing metal products, was added to the industrial park register. Polish, German, and Turkish investors plan to invest at...

The NBU obeserves recovery in the Ukrainian real estate market; companies are building and commissioning new housing.

The NBU obeserves recovery in the Ukrainian real estate market; companies are building and commissioning new housing. The real estate market is slowly recovering – demand is picking up, primarily in the secondary market. At the same time, the demand for rental properties has increased, and the volume of subsidi...

Tuesday, December 19

New housing construction in Ukraine decreased by 39%.

New housing construction in Ukraine decreased by 39%. According to the State Statistics Service, the total area of residential buildings for which construction permits have been issued (new construction) decreased by 39% in the nine months of the year co...

Monday, December 18

Banks have broken a mortgage record since the beginning of the war.

Banks have broken a mortgage record since the beginning of the war. Ukrainian banks issued 826 mortgage loans worth ₴1.3 billion in October, 1.6% more by the number of loans and 6.8% more in amount than in September, according to a monthly survey of banks. “The ...

Friday, December 15

The volume of completed construction works increased by almost 21% this year.

The volume of completed construction works increased by almost 21% this year. The index of completed construction works in Ukraine increased by 20.4% in January-September compared to last year. The volume of completed construction works during this period in monetary terms reac...

Wednesday, December 13

Industry analysts sum up 2023’s results from the Ukrainian real estate market.

Industry analysts sum up 2023’s results from the Ukrainian real estate market. With the end of winter blackouts, interest in buying apartments in 2023 is stable and at 70-80% of pre-war indicators. The prices of apartments on the secondary market in regions far from the front ar...

Construction of the largest industrial park in western Ukraine is starting in Lviv.

Construction of the largest industrial park in western Ukraine is starting in Lviv. Lviv authorities have signed land lease agreements in the Sygnivka industrial zone with the Formatsia Sygnivka management company, which is part of the Alterra Group. The first buildings, with an area...

Thursday, December 7

Builders reveal market trends in Ukraine during the war.

Builders reveal market trends in Ukraine during the war. As reported by the engineering and construction company Rauta, the total losses in the industry amount to more than $150B, with the largest losses suffered by the housing sphere, including stock ($56B...

Tuesday, December 5

A Ukrainian investment company will build three new hotels in the Carpathians and Vinnytsia.

A Ukrainian investment company will build three new hotels in the Carpathians and Vinnytsia. Hotel operator Ribas Hotels Group, together with Ama Family Resort, is starting three new projects in Polyanytsia (Bukovel), Yablunytsia (Ivano-Frankivsk region), and Vinnytsia. A seven-story, five-st...

The popularity of turnkey apartments in Ukraine is growing in the primary housing market.

The popularity of turnkey apartments in Ukraine is growing in the primary housing market. According to the developers, the share of apartments that are ready to be lived in the primary real estate market now reaches 50%. Before the war, this indicator was at the 30% level. Anna Laevska, co...

Friday, December 1

Another stage of land market reform in Ukraine will start in a month: the government provides its price forecast.

Another stage of land market reform in Ukraine will start in a month: the government provides its price forecast. Beginning January 1, 2024, legal entities, i.e., holdings that currently rent land, will be able to buy agricultural land. However, the Minister of Agrarian Policy, Mykola Solsky, believes that the pr...

Thursday, November 30

In Ukraine, the commissioning of housing increased by 13% over the year.

In Ukraine, the commissioning of housing increased by 13% over the year. Housing commissioning in Ukraine increased by 13% in the first nine months of the year compared to the corresponding period last year – up to 5.45 million square meters, reported the State Stati...

Wednesday, November 29

Ukraine’s agrarians oppose further reform of the land market.

Ukraine’s agrarians oppose further reform of the land market. Agrarians called on the parliament to postpone increased land sale limits starting January 1, 2024. The sale of land to big business should be suspended for the duration of the war and two years after...

Saturday, November 25

War & Business: The Ukraine Business Network has been launched.

War & Business: The Ukraine Business Network has been launched. Tucked away amid the sloping hills of Kyiv, a select group of business investors, representatives, and entrepreneurs gathered at the Parkoviy Congress Center to gain insight into investment prospects ...

Friday, November 24

How prices for apartments in Ukraine have changed over a year?

How prices for apartments in Ukraine have changed over a year? In Kyiv, an average one-room apartment costs $87,374 (+8.7% compared to last year). However, analysts say you can find a one-room apartment for $60,000-$65,000 in a concrete panel building, or Khrushc...

Wednesday, November 22

The State Property Fund presents a plan to transfer state agricultural lands to Ukraine’s Land Bank.

The State Property Fund presents a plan to transfer state agricultural lands to Ukraine’s Land Bank. According to the SPFU, state lands will be consolidated in several stages. First, agricultural land of state-owned enterprises already in the bankruptcy procedure at the liquidation stage will be tran...

Wednesday, November 15

Prices for apartments in one of Ukraine’s “peaceful” cities have soared by 20%.

Prices for apartments in one of Ukraine’s “peaceful” cities have soared by 20%. In Uzhgorod, the average price of a one-room apartment reached about $60,000. Real estate prices here have increased by an average of 20% in dollar terms. The main reason for this is that there are ra...

Friday, November 3

How land prices in Ukraine have changed during the second year of the full-scale war.

How land prices in Ukraine have changed during the second year of the full-scale war. The weighted average price of land in Ukraine increased by 10.4% in the first nine months of the year – up to ₴38,500 ($1,070) per hectare, according to the corresponding report of the KSE. It i...

Friday, October 27

Ukraine’s real estate market shows signs of recovery, and the number of deals increased by 30%.

Ukraine’s real estate market shows signs of recovery, and the number of deals increased by 30%. The residential real estate market is adapting to wartime conditions, and transactions have increased by a third over the year, the Association of Residential Real Estate Developers RED Community repo...

Tuesday, October 17

The mortgage lending market has picked up in Ukraine.

The mortgage lending market has picked up in Ukraine. In August, Ukrainian banking institutions issued 626 mortgage loans for a total amount of ₴900.9M, the NBU reported. In August, the volume of loans granted to consumers increased by 2.6% compared to J...

In half a year, the volume of completed construction works in Ukraine grew by 18.4% to ₴53.2B.

In half a year, the volume of completed construction works in Ukraine grew by 18.4% to ₴53.2B. The driver of the construction sector’s growth in the first half of the year was engineering structures, where the increase in construction was 34% in annual terms, and non-residential construct...

Wednesday, October 11

Office real estate in Kyiv has a high vacancy rate.

Office real estate in Kyiv has a high vacancy rate. According to Colliers Ukraine company, a record number of vacant offices was recorded in Kyiv this year. Before the start of the war, at the end of 2021, the vacancy was almost 12%, at the end of 2022...

Ukrainians have increased investment in business-class real estate.

Ukrainians have increased investment in business-class real estate. With the beginning of autumn, deals on purchasing business-class apartments with an average price of $2,000 per square meter have increased in the primary real estate market, said the top manager of t...

Tuesday, October 10

Here is how the Ukraine real estate market has changed after 1.5 years of war.

Here is how the Ukraine real estate market has changed after 1.5 years of war. As for housing rent, at the end of September the number of vacant properties continues to decrease. Since the beginning of the year, the number of advertisements in the Kyiv region has fallen by 47%. ...

Thursday, October 5

Damage to Ukraine’s infrastructure has exceeded $151B.

Damage to Ukraine’s infrastructure has exceeded $151B. As of September 1, direct, documented damage to Ukraine’s infrastructure resulting from Russia’s full-scale invasion increased by $700M to $151.2B, according to a KSE report. At the beginn...

Wednesday, October 4

Khmelnytskyi spends €35M to resume the reconstruction of a landfill and the construction of a waste processing complex.

Khmelnytskyi spends €35M to resume the reconstruction of a landfill and the construction of a waste processing complex. Currently, tender procedures are being conducted in both directions, said Deputy Mayor of Khmelnytskyi Mykola Vavryshchuk. “We have three participants: a Polish, a Greek-Turkish, and an American...

Monday, October 2

The UBC Group is building a second line of refrigeration equipment production in Vinnytsia.

The UBC Group is building a second line of refrigeration equipment production in Vinnytsia. The plant’s area will be 5,000 square meters, and construction is planned to be completed in 2024. In addition, the company put into operation a 600 kW solar power plant at the Green Cool facili...

Friday, September 29

Turkish company Bosphorus Development invests in construction in Kyiv despite the war.

Turkish company Bosphorus Development invests in construction in Kyiv despite the war. The company’s first project in Ukraine is a residential complex, Maxima Residence, Bosphorus Development founder Mehmet V. Saçaklıoğlu said. He specified that work on the project began a few mon...

Friday, September 22

Since the opening of the land market in Ukraine, more than 365,000 hectares have been sold.

Since the opening of the land market in Ukraine, more than 365,000 hectares have been sold. According to Opendatabot, 203,000 hectares were sold in the first eight months of the market’s operation before the full-scale invasion began. A drop in activity was recorded in the last few mon...

International institutions are involved in the reconstruction of Ukraine’s housing sector, and the country has the capacity to produce 80% of the necessary building materials.

International institutions are involved in the reconstruction of Ukraine’s housing sector, and the country has the capacity to produce 80% of the necessary building materials. According to Olena Shulyak, head of the Parliamentary Committee on Urban Planning, the World Bank is considering working with a compensation mechanism for destroyed housing. The UNITED24 platform has ...

Wednesday, September 20

Reconstruction of Ukraine will take place according to EU standards.

Reconstruction of Ukraine will take place according to EU standards. This includes, in particular, that construction materials produced by Ukrainian manufacturers must comply with EU standards and characteristics, said Olena Shulyak, head of the parliamentary committee...

Tuesday, September 19

In July, Ukrainian banks increased the issuance of mortgages by 14.6%.

In July, Ukrainian banks increased the issuance of mortgages by 14.6%. In particular, 604 mortgage loans for UAH 878.1M were issued in July, the National Bank reported. Compared to June, the volume of loans approved increased by 16.4%, the number – by 14.6%. The ke...

Foreigners invest in the Ukrainian real estate market.

Foreigners invest in the Ukrainian real estate market. Yuriy Pita, president of the Association of Real Estate Specialists, said foreigners are increasingly buying housing in Ukraine. These are mainly citizens of Canada, Israel, and Spain. According to hi...

Wednesday, September 13

Construction has strong investment potential, accounting for 2.3% of Ukraine’s GDP.

Construction has strong investment potential, accounting for 2.3% of Ukraine’s GDP. Ukraine’s share of construction in its 2018 GDP was 2.3%, half of the world’s average, said the director of the Scientific and Technical Center of the Academy of Construction of Ukraine, Ivan Pe...

Thursday, September 7

Ukraine will receive $232M for emergency housing repairs under the World Bank’s HOPE project.

Ukraine will receive $232M for emergency housing repairs under the World Bank’s HOPE project. On September 5, a corresponding agreement was signed between the Ministry of Finance of Ukraine and the World Bank within the Housing Repair for People’s Empowerment – HOPE project with a ...

Wednesday, September 6

The EBRD will issue a €182M loan to repair the main export artery from Ukraine to Poland.

The EBRD will issue a €182M loan to repair the main export artery from Ukraine to Poland. The EBRD will redirect a €182M loan to the State Agency for Reconstruction and Development of Infrastructure of Ukraine to repair the section of the M-09 road from Lviv to Rava-Ruska on the Ukrainian-...

Friday, September 1

Ukrainians will receive $232M from the World Bank for urgent home repairs.

Ukrainians will receive $232M from the World Bank for urgent home repairs. These funds will reimburse the costs of repairs for 98,000 individual houses and 8,000 families in 160 apartment buildings from five regions that were affected by the Russian Federation’s invasi...

Ukrainian builders are increasing the number of buildings put into operation.

Ukrainian builders are increasing the number of buildings put into operation. The indicator increased 1.4 times over a half year compared to the same period in 2022, up to 3.59 million square meters. According to the State Statistics Service, in 2023 2.03 million square meters ...

Tuesday, August 29

The Ukrainian housing rental market has revived, and prices have increased.

The Ukrainian housing rental market has revived, and prices have increased. According to market analysts, for the first time in three years the rental market felt August’s impact, which is considered a hot real estate season due to the approach of the school year. Citie...

Wednesday, August 23

The largest shopping center will be opened in Ukraine since the war began.

The largest shopping center will be opened in Ukraine since the war began. On August 25 in Ivano-Frankivsk, the second stage of the Veles shopping center is scheduled to open. The center’s total area is 43,000 square meters, with 25,000 square meters of leasable space,...

Tuesday, August 22

Ukraine’s logistics infrastructure is on the verge of collapse: 25% of bridges are in critical condition.

Ukraine’s logistics infrastructure is on the verge of collapse: 25% of bridges are in critical condition. According to the Ministry of Infrastructure of Ukraine, 24% of Ukrainian bridges are completely or partially unusable. The main issues a specialized commission had to resolve are the condition of Ukra...

Ukrainians can control state spending on the construction and reconstruction of Ukraine.

Ukrainians can control state spending on the construction and reconstruction of Ukraine. The government will be publishing information on estimated documentation on the Unified State Electronic System’s portal regarding construction, Minister of Infrastructure Oleksandr Kubrakov sai...

Vinnytsia will build a UAH 3B agro-food industrial park.

Vinnytsia will build a UAH 3B agro-food industrial park. According to investor Borys Shestopalov, Volia Agri-Food Park Vinnytsia will become the core of Ukrainian Volia Food Valley’s future ecosystem. It is noted that this project will provide interna...

Friday, August 18

The Austrian investor in the Respublika Park shopping center plans to participate in reconstructing Ukraine.

The Austrian investor in the Respublika Park shopping center plans to participate in reconstructing Ukraine. According to the Austrian company’s director, Vasyl Tolstunov, Trafin is currently working on several new investment projects for implementation in Ukraine. The company wants to expand its comme...

Kyiv’s commercial real estate vacancy will increase.

Kyiv’s commercial real estate vacancy will increase. At the Ukrainian population’s current income and spending levels, the vacancy rate in Kyiv’s shopping malls may reach 17% by the end of 2024, UTG reported. It is noted that the vacancy rat...

Wednesday, August 16

Recovery in the construction industry: investments for reconstruction began to arrive.

Recovery in the construction industry: investments for reconstruction began to arrive. This summer, the Center for Economic Strategy reports that the Ukrainian construction business has become significantly more active for the first time since the beginning of the full-scale Russian inv...

Thursday, August 10

Prices on the primary real estate market in the Ukrainian capital have returned to pre-war levels.

Prices on the primary real estate market in the Ukrainian capital have returned to pre-war levels. In half a year, prices decreased by 4% compared to the beginning of the year to $1,955 per square meter, according to research from the City One Development company. During the first year of the war, ...

Tuesday, August 8

South Korea is preparing to participate in Ukraine’s reconstruction.

South Korea is preparing to participate in Ukraine’s reconstruction. In preparation for this, the country allowed thirty businessmen to visit Ukraine to approve possible reconstruction projects, reports Yonhap. Many Korean companies are expected to visit the country to...

Friday, August 4

The cost of construction in Ukraine has risen sharply.

The cost of construction in Ukraine has risen sharply. In the first half of 2023, the price of a square meter in Kyiv’s residential complexes increased by almost a quarter, depending on the demand level for specific units, and the prices were driven...

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