kyiv

Friday, April 11

In the first quarter, prices in Ukraine’s secondary residential real estate market increased across all regions.

In the first quarter, prices in Ukraine’s secondary residential real estate market increased across all regions. According to LUN, a real estate search engine, Kyiv fell to third place behind Uzhhorod in the one-room apartment segment, where the average cost of a one-room apartment rose by 16% over six months, r...

Friday, March 28

A Finnish company invests €7.3M in production and warehouse distribution facilities in the Kyiv region.

A Finnish company invests €7.3M in production and warehouse distribution facilities in the Kyiv region. Finnish fast-food chain Hesburger has opened a burger patty production facility, along with a warehouse and distribution center in Boryspil, Kyiv region. The project’s total investment has reach...

Thursday, March 20

Vollert, the German giant, is getting ready to build factories in Ukraine.

Vollert, the German giant, is getting ready to build factories in Ukraine. A German industrial consortium led by Vollert Anlagenbau GmbH is launching a network of high-tech factories dedicated to producing prefabricated reinforced concrete structures in Ukraine. These advanc...

Tuesday, March 18

The pace of housing construction in Kyiv continues to lag behind pre-war levels, while the suburban market is more active.

The pace of housing construction in Kyiv continues to lag behind pre-war levels, while the suburban market is more active. Between 2011 and 2023, over 9.39 million square meters of housing were put into operation annually in Ukraine, according to UTG analysts. Each year, approximately 13.7% (1.35 million square meters) we...

Monday, March 17

Last year, Ukrainian developers started the construction of 70,000 apartments. Where was housing construction most active?

Last year, Ukrainian developers started the construction of 70,000 apartments. Where was housing construction most active? The number of apartments in residential buildings at the initial stage of construction in Ukraine in 2024 was just 70,000. The ranking of regions where the most housing is being built is as follows: K...

Monday, March 10

In 2025, 250,000 square meters of new warehouse space will be launched in Kyiv.

In 2025, 250,000 square meters of new warehouse space will be launched in Kyiv. The volume of new supply planned for the capital’s warehouse real estate market in 2025 is 250,000 square meters. Last year, the volume of new supply increased by 79,000 square meters. Of the to...

Thursday, March 6

Ukraine recorded a 35% increase in capital investments over the past year.

Ukraine recorded a 35% increase in capital investments over the past year. Last year’s capital investment totaled ₴534.4B, reflecting a 35.1% rise compared to 2023, according to the State Statistics Service. Most investments came from internal funds belonging to enterp...

Wednesday, March 5

The vacancy rate at Kyiv’s shopping malls decreased slightly last year.

The vacancy rate at Kyiv’s shopping malls decreased slightly last year. According to analysts’ estimates, the share of vacant space in Kyiv’s shopping malls in 2024 was 13.1%, down from 16.3% the previous year. The highest vacancy rates are primarily concentra...

Monday, March 3

Ukrainian developers have increased housing construction volume.

Ukrainian developers have increased housing construction volume. According to 2024’s results, housing construction in Ukraine rose by 21.1% compared to 2023, reaching 9.759 million square meters, according to the State Statistics Service. Meanwhile, 51% of to...

Thursday, February 13

For the first time since the start of the war, a private Western fund has bought Ukrainian real estate.

For the first time since the start of the war, a private Western fund has bought Ukrainian real estate. Dutch real estate fund Arcona Property Fund (APF) has purchased a land plot in the center of Kyiv from a British company, Secure Property Investment and Development (SPDI). This deal is the first purc...

Wednesday, January 15

Analysts sum up the Ukrainian real estate market’s annual results:

Analysts sum up the Ukrainian real estate market’s annual results: In 2024, 181 new buildings were put into operation in Ukraine. The largest number of completed objects is in the Kyiv and Lviv regions (excluding Kyiv). The average cost per square meter in dollars is...

Wednesday, January 8

Lending under the eOselya preferential mortgage program increased by 65% in 2024.

Lending under the eOselya preferential mortgage program increased by 65% in 2024. In 2024, more than 8,500 families took advantage of the preferential mortgage program eOselya, and the total volume of issued loans reached ₴14.6B, 45% more in number and 65% more in amount compared t...

Local budget revenue exceeded UAH 450B last year; which regions’ revenue grew the most?

Local budget revenue exceeded UAH 450B last year; which regions’ revenue grew the most? General fund revenues of regional budgets (excluding inter-budgetary transfers) in 2024 amounted to UAH 451B, which is 2.1%, or UAH 9.1B, more than in 2023. It is noted that since October 2023, local ...

Thursday, December 5

Twice as many new residential complexes are being built in the Lviv region than in Kyiv.

Twice as many new residential complexes are being built in the Lviv region than in Kyiv. During the war, the undisputed leader in construction activity in Ukraine has been he Lviv region, where 35% of new buildings are being built. In the almost three years since the war began, constructi...

Ukrainian retailers opened 2,279 stores in the first 10 months of the year.

Ukrainian retailers opened 2,279 stores in the first 10 months of the year. As of November 2024, 22,557 retail outlets in eight main retail sectors operated under the brands of the 110 members of the Ukrainian Retailers Association. The number of stores increased by 2,279 in ...

Friday, November 22

Housing is becoming more expensive in Ukraine; developers have started new projects.

Housing is becoming more expensive in Ukraine; developers have started new projects. In the third quarter of 2024, prices for residential real estate in Ukraine, compared to the same period in 2023, increased by an average of 11.7%. Prices for apartments on the primary market increase...

How have relocated Ukrainian businesses affected their new regions financially?

How have relocated Ukrainian businesses affected their new regions financially? Since the beginning of the full-scale war in Ukraine, an enterprise relocation program has existed. For the regions where these companies have moved, this means additional jobs and tax revenue. Accord...

Wednesday, November 20

Ukraine’s western regions have the most investment activity in the construction sector.

Ukraine’s western regions have the most investment activity in the construction sector. In 2024, the Western regions continued their leadership in the Ukrainian construction market in terms of investment flows, the amount of new housing construction, and price growth. For almost three ye...

Thursday, November 14

How has Ukraine’s real estate market overcome three years of war?

How has Ukraine’s real estate market overcome three years of war? According to LUN Development Director Olena Unanyan, in the pre-war year 2021 there was an active post-COVID period when the prices were rising, developers were actively launching projects, and apartm...

Wednesday, November 13

In the business centers of Lviv, rental rates have fallen sharply; in Kyiv, prices are holding.

In the business centers of Lviv, rental rates have fallen sharply; in Kyiv, prices are holding. Business centers in Lviv are going through difficult times in the third year of the war, and vacancy rates have increased to 34%. Falling rental demand has led to a 21% drop in prices year-on-year to ...

Tuesday, November 12

A Ukrainian investment company will soon start construction of a glass factory in the Kyiv region.

A Ukrainian investment company will soon start construction of a glass factory in the Kyiv region. The EFI Group plans to build the glass factory in the spring of 2025. “This is a very complex project; we have been working on it for two years. I hope that by the end of the year we will be abl...

Tuesday, October 29

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

Over the last two years, small-scale privatization has replenished the Ukrainian budget by almost ₴10B.

Over the last two years, small-scale privatization has replenished the Ukrainian budget by almost ₴10B. In the two years since the restoration of small-scale privatization, the State Property Fund has held 839 successful online auctions, which have provided ₴6.65B in direct revenue to Ukraine. As specif...

Thursday, October 24

Which regions of Ukraine provide the greatest tourism profits?

Which regions of Ukraine provide the greatest tourism profits? In the first half of 2024, the tourism sector achieved a net income of ₴5.8B, almost 29% (in nominal terms) higher than the results for the same period in 2023. According to experts, such an increase ...

Thursday, October 17

Three industrial parks receive over ₴171M in state funding for infrastructure development.

Three industrial parks receive over ₴171M in state funding for infrastructure development. ₴171.4M in state funding within the framework of the Made in Ukraine program has been allocated to three industrial parks. The support will go to the Bila Tserkva 2 (Kyiv region), VinIndustry (Vinnyt...

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-...

Thursday, September 26

Ukrainians are taking out mortgages more actively: Banks are issuing ₴1.2B monthly in loans.

Ukrainians are taking out mortgages more actively: Banks are issuing ₴1.2B monthly in loans. Ukrainian banks issued 694 mortgage loans for a total amount of ₴1.2B in July, which is ₴200M ($5M) more than in June, the National Bank reports. The volume of consumer mortgage loans issued in July 2...

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...

Wednesday, September 18

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...

Thursday, August 1

Russia executes its largest drone attack on Ukraine.

Russia executes its largest drone attack on Ukraine. The Armed Forces of Ukraine report that on the night and morning of July 31, the Russian occupiers launched one of their most massive drone attacks on Ukraine since the start of the full-scale war. Th...

Friday, July 5

Ukraine is building only 20% of the declared 1 GW energy maneuvering capacity.

Ukraine is building only 20% of the declared 1 GW energy maneuvering capacity. Energy experts have estimated that currently, Ukrainian cities are building at most 20% of the 1 GW of maneuvering energy capacity recently announced by Ukraine’s president. Currently, about 150...

Wednesday, June 26

Kyiv plans to build two TPP plants to generate energy from burning garbage.

Kyiv plans to build two TPP plants to generate energy from burning garbage. Petro Panteleev, deputy head of the Kyiv city administration, said: “We must use all the ways and opportunities that will allow us to produce energy. This is what the Concept of Energy Sustainab...

Wednesday, January 24

On January 23, Russia attacked several Ukrainian cities, killing 7 and injuring 77.

On January 23, Russia attacked several Ukrainian cities, killing 7 and injuring 77. Moscow launched rocket attacks on Kyiv, Kharkiv, and Pavlograd, targeting civilian infrastructure. Seven deaths and at least 77 injuries were reported in these cities. In particular, 22 victims were i...

Wednesday, May 11

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 ...

Tuesday, April 26

Kyiv cafes and restaurants are gradually resuming their work.

Kyiv cafes and restaurants are gradually resuming their work. Kyiv cafes and restaurants are gradually resuming their work.

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, April 13

Demining work is being performed in seven regions of Ukraine.

Demining work is being performed in seven regions of Ukraine. As of April 12, 168 settlements in the Zhytomyr, Zaporizhia, Kyiv, Mykolaiv, Sumy, Kharkiv, and Chernihiv regions have been demined, said Deputy Head of the Office of the President Kyrylo Tymoshenko....

Friday, February 11

Kyiv is among TOP-3 cities with the largest traffic jams in the world.

Kyiv is among TOP-3 cities with the largest traffic jams in the world. In 2021, Kyiv moved to third place from seventh among 400 cities in the world in the intensity of traffic jams, reported analytical company TomTom. On average, Kyiv residents travel 56% longer than t...

Tuesday, December 14

Kyiv’s Golden Gate District voted one is the best in the world.

Kyiv’s Golden Gate District voted one is the best in the world. The announcement was made by the UK publisher of Time Out London. “The Golden Gate (Zoloti Vorota) district in Kyiv is one of the coolest districts in the world. Having reached 16th place in the ratin...

Wednesday, September 9

Facing weak investor demand, the Finance Ministry sold on Tuesday only one third the volume of hryvnia bonds as at last week’s auction, and at slightly higher yields

Facing weak investor demand, the Finance Ministry sold on Tuesday only one third the volume of hryvnia bonds as at last week’s auction, and at slightly higher yields Facing weak investor demand, the Finance Ministry sold on Tuesday only one third the volume of hryvnia bonds as at last week’s auction, and at slightly higher yields. In yesterday’s auction, the gover...

Fitch, the ratings agency that most closely follows Ukraine, reaffirmed its ‘B’ rating for Ukraine last Friday

Fitch, the ratings agency that most closely follows Ukraine, reaffirmed its ‘B’ rating for Ukraine last Friday Fitch, the ratings agency that most closely follows Ukraine, reaffirmed its ‘B’ rating for Ukraine last Friday, with a stable outlook. Japan’s R&I upgraded Ukraine’s sovereign rating last week by ...

Concorde Capital’s

Concorde Capital’s Concorde Capital’s Alexander Paraschiy writes: Looking at the balance of possible positive and negative triggers for Ukraine’s rating, we see a low chance for Ukraine to get any better rating in the n...

A new Eurobond placement would come on the heels of two large deals

A new Eurobond placement would come on the heels of two large deals A new Eurobond placement would come on the heels of two large deals:

Ukraine’s international reserves grew to $29 billion in August, the highest level in eight years

Ukraine’s international reserves grew to $29 billion in August, the highest level in eight years Ukraine’s international reserves grew to $29 billion in August, the highest level in eight years, reports the National Bank of Ukraine. Boosting reserves, foreign travel by Ukrainians was down sharply...

Ukraine is on track with the IMF,

Ukraine is on track with the IMF, Ukraine is on track with the IMF, Finance Minister Serhiy Marchenko said Monday on Inter TV’s Details of the Week program. He said: “We are in a dialogue with the IMF, and hope to receive the next tra...

Timothy Ash retorts from London: “

Timothy Ash retorts from London: “ Timothy Ash retorts from London: “The danger with this official line that things are fine on the IMF front is that politicians are lulled into a false sense of security, when the reality is that this ...

Domestic air flights were down the least of air travel in August, down only 17% yoy to 2,519

Domestic air flights were down the least of air travel in August, down only 17% yoy to 2,519 Domestic air flights were down the least of air travel in August, down only 17% yoy to 2,519, reports UkSATSE, Ukraine’s air traffic control agency. By contrast – international flights to and fr...

By 2023, several key regional airports will be reopened under the ‘Big Construction’ program

By 2023, several key regional airports will be reopened under the ‘Big Construction’ program By 2023, several key regional airports will be reopened under the ‘Big Construction’ program, President Zelenskiy promised last week on a visit to Poltava airport. “We will add all airports to the pro...

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