The volume of completed construction work in Ukraine has increased by 37.1%. According to the first half of 2024’s results, the index of completed construction works in Ukraine increased by 37.1% compared to the same period in 2023. According to the State Statistics Serv... #BuildingUkraine #ConstructionUkraine #RealEstateUkraine #UkraineEconomy #UkraineRecovery
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... #ConstructionUkraine #RealEstateUkraine #REukraine
Ukraine increased its cement production by 25% against the background of its looming reconstruction needs. According to the results from January-June, enterprises of the Ukrcement association increased their cement production by 24.4% compared to the same period in 2023 – up to 3.799 million tons, the asso... #BuildingMaterials #CementProduction #ConstructionUkraine #UkraineReconstruction #Ukrcement
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... #CommercialRealEstate #ConstructionUkraine #investments #RentalUkraine #WarehouseMarket
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... #CommercialRealEstate #ConstructionUkraine #Rauta #UkraineReconstruction
Ukraine suffers from a shortage of building materials; industry professionals offer ways to solve the problem. The CEO of Konstruktiv, a company distributor of building materials, Volodymyr Horoshchuk, said that due to the war and the need for reconstruction, the company faces a critical question: Where can th... #Azovstal #BuildingMaterials #ConstructionUkraine #Knauf #UkraineReconstruction
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... #ApartmentUkraine #ConstructionUkraine #HousingConstruction #RealEstateMarketUkraine
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 ... #CityOneDevelopment #ConstructionUkraine #CRH #InvestmentsinUkraine #Kingspan #ReconstructionUkraine
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,... #ConstructionUkraine #ForeignInvestor #labormigrants #UkraineLaborMarket #UkraineRecovery
What has been happening in Ukraine’s hotel real estate market during the war? The rate of new hotel construction in Ukraine is higher today than in the pre-war years, but this activity is observed in only a few regions. The Ukrainian Association of Hotels and Resorts (UHRA) not... #ConstructionUkraine #HotelsUkraine #NewhotelsinUkraine #RealEstateUkraine #ResortHotels #TourismUkraine
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... #BusinessExpectation #businessinukraine #ConstructionUkraine #nbu #UkraineBusinessActivity #UkraineEconomy
Last year, Ukraine’s construction volume increased by 22.6%. According to 2023’s results, the volume of construction works in Ukraine increased by 22.6% in real terms, according to data from the State Statistics Service. The greatest growth was recorded in infr... #CommercialRealEstate #ConstructionUkraine #HousingConstruction #RealEstateUkraine
The cost of construction in Ukraine has increased by 20% over the year. This will increase prices in 2024, Greenville Kyiv top manager Susanna Karakhanyan said. However, according to her, the growth will be small because developers are trying to maintain demand. So, for e... #ConstructionUkraine #HousingConstruction #HousingsalesUkraine #RealEstateUkraine
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... #ConstructionUkraine #DeCostaGroup #HousingConstruction #IntergalBud #RealEstateUkraine
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... #ConstructionUkraine #HousingConstruction #RealEstateUkraine
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... #ConstructionUkraine #UkraineEconomy #UkraineReconstruction #UkraineRecovery
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... #ConstructionUkraine #HousingMarketUkraine #RealEstateUkraine #UkraineReconstruction #UkraineWarDamages
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... #ConstructionUkraine #HousingConstruction #RealEstate #RealEstateUkraine
The manufacturer of construction goods continues to invest in factory modernization and production expansion in Ukraine. In 2023, construction picked up significantly in Ukraine, and some of its segments have reached pre-war levels, said Vasyl Dudnyk, general director of the Henkel Bautechnik (Ukraine) company. “U... #ConstructionMaterialsUkraine #ConstructionUkraine #HenkelBautechnik #VasylDudnyk
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... #ConstructionUkraine #HousingConstruction #infrastructureUkraine #RoadConstruction #UkraineReconstruction
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... #BosphorusDevelopment #ConstructionUkraine #InvestmentsinUkraine #MaximaResidence #MehmetSaçaklıoğlu
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... #ConstructionMaterialsUkraine #ConstructionUkraine #ConstructionWaste #OlenaShulyak #UkraineReconstruction
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... #ConstructionUkraine #InvestmentsinUkraine #IvanPereghinets #RealEstateUkraine
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 ... #ConstructionUkraine #HousingInUkraine #RealEstateUkraine
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... #ConstructionUkraine #MustafaNayem #OleksandrKubrakov
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... #ConstructionUkraine #RealEstateDevelopment #RealEstateUkraine
The growth of the Construction industry in Ukraine slowed down. According to the State Statistics Service, the volume of construction output in January–July was valued at ₴76.8 bln ($2.88 bln), compared with the same period of the previous year. Illustrating a slo... #ConstructionTrendsinUkraine #ConstructionUkraine #UkraineRealestate
Construction costs are increasing twice as fast as inflation, up by 19.5% in June, compared to June 2020, reports the State Statistics Service. Since the start of the year, prices for construction and installation are up by 15%. The biggest increase is for engineering – up 25.5%. La... #ConstructionCostsukraine #ConstructionUkraine #ResidentialConstruction
In Donetsk, the state highway agency is rebuilding 12 bridges and the access road to the front line city of Avdiivka. In a multi-year project, Ukravtodor is rebuilding this summer the 625 km stretch of the M-14 between Odesa and Mariupol. This east-west road links the ports of the Azov and Black Seas, giving exporter... #BigConstruction #BridgesConstruction #ConstructionUkraine #Zelenskyy
Construction companies reported positive expectations for the first time since September 2019 on the back of a seasonal rebound in activity and rising investment demand for housing construction. The sector’s index finally moved above its equilibrium level in April, to 51.5, up from 40.6 in Mar... #ConstructioninUkraine2021 #ConstructionUkraine
