Kyiv’s residential building boom is over – or at least taking a breather.
Thursday, August 30, 2018
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Kyiv’s residential building boom is over – or at least taking a breather. In the first half of this year, 334,000 square meters of new apartments were commissioned — 64% below the level of the same period last year, according to statistics released by the State Statistics Service. In Kyiv region, commissioning of new housing was down 28%, to 594,000 square meters. The drop came after “last year’s big construction boom,” Lev Partskhaladze, deputy minister of Regional Development, Construction and Housing writes on Facebook.