Real Estate

Friday, June 10

Kyiv’s largest property developer resumes work with only 5% of its workers.

Kyiv’s largest property developer resumes work with only 5% of its workers. Kyivmiskbud (KMB) Holding Company resumed work on June 1 on some construction sites, bringing back up to 500 people out of the 10,000 who were previously employed, as stated by President of KMB Igor ...

Monday, June 6

Ukraine continues to work on building a network of industrial parks.

Ukraine continues to work on building a network of industrial parks. The government has registered the Maramures Industrial Park in the Zakarpattia region and the L-TOWN Industrial Park in the Kyiv region, announced the Ministry of Economy. The first will develop the w...

Thursday, June 2

Real estate prices in new developments are rising across the country.

Real estate prices in new developments are rising across the country. Prices for apartments in new buildings are growing in hryvnia and dollar equivalence compared to pre-war levels, reported real estate portal LUN.ua. In Kyiv, work resumed on 23% (43) of construction...

Friday, May 27

A new IT town will be built in the Lviv region.

A new IT town will be built in the Lviv region. The construction of an IT town for representatives of creative industries has been planned in the Lviv region, said President of the International Technology Transfer Association (ITTA) Artem Honchare...

MacPaw invests $1M in the development of the Promprylad innovation center.

MacPaw invests $1M in the development of the Promprylad innovation center. The Ukrainian company MacPaw has become the largest investor in the Promprylad project in Ivano-Frankivsk. During the war, the company invested $1M in the center’s development, increasing the to...

Thursday, May 26

Ukrainian developers have started to resume residential construction work.

Ukrainian developers have started to resume residential construction work. According to the LUN.ua portal, 92% of residential complexes in the Cherkasy region resumed work on construction sites. As of the end of May, construction remains completely frozen in the Sumy, Kiro...

Thursday, May 19

The EU has proposed a new mechanism for the reconstruction of Ukraine.

The EU has proposed a new mechanism for the reconstruction of Ukraine. The European Commission has proposed a new mechanism called Rebuild Ukraine as the main tool to support Ukraine’s post-war reconstruction, announced the EU press service. The Ukrainian authoriti...

Ukraine has resumed its state property lease program.

Ukraine has resumed its state property lease program. The government has renewed the state property leasing program, providing benefits and discounts during martial law, reported the Ukraine State Property Fund. The adopted procedure also provides tenan...

Thursday, May 12

The Guarantee Fund has resumed the sale of liquidated bank assets.

The Guarantee Fund has resumed the sale of liquidated bank assets. The Deposit Guarantee Fund has resumed the sale of assets of liquidated banks. Soon, information about the first lots will be entered into the Prozorro Sales platform. “Real estate properties t...

Wednesday, May 11

Small and medium-sized businesses in Ukraine have lost $85B.

Small and medium-sized businesses in Ukraine have lost $85B. Small and medium-sized enterprises (SMEs) have suffered direct losses of $64-85B in the 75 days since the war began, stated the Advanter Group. SMEs have a total funding need of $54B, with 87% of com...

The capital of Ukraine needs €70M to repair the damage from the Russian bombings.

The capital of Ukraine needs €70M to repair the damage from the Russian bombings. More than €70M will be required to rebuild Kyiv from the effects of the Russian war against Ukraine, said the Mayor of Kyiv Vitaliy Klitschko. He noted that this estimate considers Russia’s military ...

Monday, May 9

The construction of 427 residential buildings has resumed in the last month.

The construction of 427 residential buildings has resumed in the last month. According to the real estate portal LUN.ua, 80% of the buildings under construction are located in Vinnytsia, Volyn, Ivano-Frankivsk, Lviv, Ternopil, Khmelnytsky, Cherkasy, Chernivtsi, and Zakarpatti...

Thursday, April 14

Demand for apartments in new buildings is showing signs of slow recovery.

Demand for apartments in new buildings is showing signs of slow recovery. The real estate market in Ukraine is taking the first steps toward recovery. People started investing in apartments in newly constructed buildings after 2 months without any sales or transactions. Ac...

Wednesday, February 16

President Hotel privatization has a starting price of UAH 390M.

President Hotel privatization has a starting price of UAH 390M. The President Hotel privatization adviser estimated the starting price of the asset at almost UAH 390M ($14M). The valuation was carried out taking into account the independent valuation of the asset,...

Tuesday, February 15

Bogdan Motors has been put up for sale for UAH 76M.

Bogdan Motors has been put up for sale for UAH 76M. The debtor’s property was put up for auction and includes warehouses, shops, and unfinished buildings in Cherkasy and Lutsk. The starting price of the property complex is UAH 76M ($2.7M). In 202...

Friday, February 11

The State Property Fund has sold the Stadnytsia distillery.

The State Property Fund has sold the Stadnytsia distillery. The State Property Fund of Ukraine (SPFU) will sell the Stadnytsia distillery and storage facility, a subsidiary of the State Enterprise Ukrspirt, reported SPFU. The auction will take place on March 4...

Wednesday, February 9

Implementation of most new real estate projects will be put on hold.

Implementation of most new real estate projects will be put on hold. Construction of most recent projects in different real estate segments will be paused against the background of external threats, said co-founder of INSPI Development Volodymyr Sementsov. According t...

Friday, February 4

The Azov Shipyard has been put up for auction for UAH 211M.

The Azov Shipyard has been put up for auction for UAH 211M. The State Property Fund of Ukraine has put up for online auction the Azov Shipyard state enterprise located in Mariupol at a starting price of UAH 211.4M, reported Ukrrudprom. The privatization packag...

Thursday, February 3

The State Property Fund has put five distilleries up for sale.

The State Property Fund has put five distilleries up for sale. The State Property Fund has announced five online privatization auctions of distilleries, to take place between February 25 and March 4. The total starting price for all auctions is over UAH140M. The ...

Friday, January 28

Kyiv’s office real estate market shows signs of recovery,

Kyiv’s office real estate market shows signs of recovery, announced Colliers, a consulting company. Despite the volume of new office space supply, there was a stable average vacancy rate in the A and B class business centers at the end of 2021 – 11.5%....

Friday, January 21

The Kyiv median rental price per square meter increased by 4%.

The Kyiv median rental price per square meter increased by 4%. The median cost of renting a square meter of residential real estate in Kyiv in December 2021 was $10, and the median rental property rate in Kyiv is $485. According to portal Address.ua, the median r...

Wednesday, January 19

The Kovel Educational Colony will be privatized on January 27.

The Kovel Educational Colony will be privatized on January 27. The Kovel Educational Colony was put up for auction, which will take place on January 27. The colony lot consists of 33 real estate objects exhibited for privatization, located on a land plot of 4.86 ...

Monday, January 17

The State Property Fund (SPFU) sells Borshchiv distillery.

The State Property Fund (SPFU) sells Borshchiv distillery. On January 27, the State Property Fund will put up the Borshchiv distillery (Ukrspirt) for auction with a starting price of UAH 28.1M ($1.01M). The asset includes 32 real estate objects and contains 7...

Friday, January 14

The court seized 100% of the shares of the Bolshevik plant.

The court seized 100% of the shares of the Bolshevik plant. An investigating judge has seized 100% of shares of the First Kyiv Machine-Building Plant (“Bolshevik”). The Bureau stated that investigators are currently establishing all the circumstanc...

Illichivsk plant of reinforced concrete structures is now for sale for UAH 80 M.

Illichivsk plant of reinforced concrete structures is now for sale for UAH 80 M. The National Bank of Ukraine is currently selling the Illichivsk Plant of Reinforced Concrete Structures at UAH 80.2 M ($ 2.9 M). The company sits on a land plot measured at 16.9 hectares with buildin...

Thursday, January 13

Three significant privatizations are expected in 2022.

Three significant privatizations are expected in 2022. The President’s Office expects to see the privatization of three large enterprises: The United Mining and Chemical Company (OGHC); The Centrenergo, and The Odesa Port Plant, in 2022. The privati...

Wednesday, January 12

Ukraine budget received UAH 1.62 B from the lease of state property.

Ukraine budget received UAH 1.62 B from the lease of state property. Revenues from the lease of state property to the budget in 2021 amounted to a record of UAH 1.62 B ($ 59 M), reported The State Property Fund (SPFU). According to the head of SPFU, Dmytro Sennychenko,...

Tuesday, January 11

Ukreximbank is selling assets of the Zaporizhzhya Cable Plant.

Ukreximbank is selling assets of the Zaporizhzhya Cable Plant. The property of the Zaporizhzhya Cable Plant, which was used as collateral for bad loans, is being sold at auction. The auction will take place on the OpenMarket site (SE “SETAM” of the Mi...

Odesa coffee plant is up for sale at a Dutch auction.

Odesa coffee plant is up for sale at a Dutch auction. Oschadbank will sell a coffee plant in the Odessa region at a Dutch auction for the first time. The State Savings Bank has put the right of monetary claim for sale under a loan agreement with Ukrkava ...

An industrial park with five productions will be created in the Kharkiv region of Ukraine.

An industrial park with five productions will be created in the Kharkiv region of Ukraine. An industrial park with five chemical facilities and a garbage sorting line will be set up in the Kharkiv region, this was announced by the Kharkiv Regional State Administration. Valkiv City Council i...

UFuture will build five plants in the territory of the industrial park in Bila Tserkva.

UFuture will build five plants in the territory of the industrial park in Bila Tserkva. The holding company UFuture, owned by a businessman named Vasily Khmelnitsky, announced a change in its configuration and completion of the first phase of the industrial park in Bila Tserkva. Accordin...

Wednesday, January 5

SPFU sells Odessa Champagne Factory.

SPFU sells Odessa Champagne Factory. The State Property Fund of Ukraine (SPFU) is putting the Odesa Champagne Factory up for sale at a starting price of UAH 87.4 M ($3.22 M). The wine factory with cellars was built to hold 2 M bottles of...

The taxation of real estate transactions has changed.

The taxation of real estate transactions has changed. Previously, income from the sale of one property per year was not taxed, and the sale of the second and subsequent properties were taxed at a rate of 5%. The new tax law #5600 should close this possib...

The average price of 1 square meter in Kyiv is UAH 35,000.

The average price of 1 square meter in Kyiv is UAH 35,000. In January, the average price of 1 square meter in new residential complexes in Kyiv was UAH 35,000 ($1280). According to market research portal LUN.ua, the average price of 1 square meter is: economy...

Thursday, December 30

The Ukraina Hotel has been transferred to the Ministry of Infrastructure.

The Ukraina Hotel has been transferred to the Ministry of Infrastructure. President Volodymyr Zelensky has signed a decree transferring the ownership of the hotel which is located on Independence Square in Kyiv. The hotel had been previously owned by the State Tax Service. ...

Monday, December 27

One of the largest construction companies plans to triple its investments.

One of the largest construction companies plans to triple its investments. In 2022, the Kovalska Industrial and Construction Group plans to invest UAH 2.4 bln ($88 mln) in developing industrial assets. Kovalska is investing UAH 1.2 bln ($ 44 mln) in production in the Lviv re...

Thursday, December 23

Shmygal instructed to intensify 2022 the privatization and corporatization of state assets.

Shmygal instructed to intensify 2022 the privatization and corporatization of state assets. Prime Minister Denis Shmygal has set a task for the Ministry of Economy to strengthen reforms in the privatization and corporatization of state assets next year. “Last year, we started the proce...

The average price per square meter in new buildings is increased by 25.7% in Kyiv.

The average price per square meter in new buildings is increased by 25.7% in Kyiv. During the period January-November 2021, the price increased by 21% to 43,200 UAH per square meter. In USD the price increased by 25.7% to $1,588, said the founder of proptech-company M4U, Volodymyr D...

Wednesday, December 22

Ukraine has issued more than 1,200 building permits in three months.

Ukraine has issued more than 1,200 building permits in three months. The State Inspectorate for Architecture and Urban Planning of Ukraine has issued more than 1,200 building permits in the three months since its launch, reported ukrinform. Currently, 99% of customer r...

Tuesday, December 21

The international network IWG will open the first Regus Serviced Office facility in Dnipro in May 2022.

The international network IWG will open the first Regus Serviced Office facility in Dnipro in May 2022. According to the Director of IWG-Ukraine, Yulia Litvinenko, “We have seen a real boom of startups in this region and received constant requests for location here”. The new Regus will be in the heart o...

The online auction for the privatization of the Irpin Correctional Center will take place on December 21.

The online auction for the privatization of the Irpin Correctional Center will take place on December 21. The asset is located in Kotsyubynske, Kyiv region, and has a starting price of UAH 220.2 mln ($8.1 mln). The auction is scheduled to be held today reported State Property Fund.

Epicenter Opens the IQ Office in the Khmelnytsky region.

Epicenter Opens the IQ Office in the Khmelnytsky region. The total area is 6.300 square meters, and it is located in Gorodok in the Khmelnytskyi region. The total investment in the project was UAH 350 mln ($12.8 mln). “The IQ office will be a magnet for goo...

Friday, December 17

Turkish-based Bosphorus Development has entered the Ukrainian Market.

Turkish-based Bosphorus Development has entered the Ukrainian Market. The company will begin constructing its first project in Kyiv at the beginning of 2022. A multifunctional residential complex in the center of Kyiv with retail and social facilities, announced the fou...

Thursday, December 16

The land is for sale at Prozorro.Sales.

The land is for sale at Prozorro.Sales. On December 17, 2021, the Individual Deposit Guarantee Fund will hold an auction to sell commercial real estate in the central part of Kyiv, which belongs to a Land Capital Bank. The funds from the Pr...

Wednesday, December 15

“The most attractive industries for investment in Ukraine

“The most attractive industries for investment in Ukraine are mechanical engineering, energy, information technology, agriculture, and construction”, said the Minister of Economy, Yulia Svyridenko who was speaking with the Regional Director of the World Bank...

Qatari’s Al Rayyan Tourism invests in the modernization of the Ukraine Hotel.

Qatari’s Al Rayyan Tourism invests in the modernization of the Ukraine Hotel. The Ministry of Infrastructure has signed a memorandum with Qatari investor Al Rayyan Tourism Investment to attract investment, develop tourism and hotel infrastructure. The plans include construction...

Tuesday, December 14

Ukrainian Projects will participate at MIPIM 2022.

Ukrainian Projects will participate at MIPIM 2022. Projects will be representing the country at MIPIM in Cannes France in March next year. MIPIM is the world’s leading real estate event, and the second-largest festival after the Cannes film festival i...

Kyiv apartment rental app Bird launched in London, UK.

Kyiv apartment rental app Bird launched in London, UK. Bird, an iOS app for long-term apartment rentals in Kyiv, is an experimental product of the company LUN, which appeared in the App Store in December 2018. Its main features are a detailed 3D map, whic...

Thursday, December 9

The European Bank for Reconstruction and Development (EBRD) will invest $50 mln to develop industrial and logistics real estate in Ukraine.

The European Bank for Reconstruction and Development (EBRD) will invest $50 mln to develop industrial and logistics real estate in Ukraine. The EBRD will finance Dragon Capital Investments Ltd in its development and management of industrial and logistics real estate. The decision to allocate funding to the EBRD Board of Directors will be ...

Tuesday, December 7

State Property Fund has invited investors to take part in the OGHK privatization auction

State Property Fund has invited investors to take part in the OGHK privatization auction . Potential investors have until December 9, 2021, to apply to participate in the auction to privatize 100% of the shares of United Mining and Chemical Company (OGHK), which will take place on Decembe...

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