RealEstateUkraine

The cost of housing in the primary market is expected to grow by 5-10% and in the secondary market by up to 7% by the end of 2021, the President of the Realtors Association Yuriy Pita says.  The cost of new apartments in the largest cities of Ukraine – Kyiv, Dnipro, Lviv, Odesa, and Kharkiv – has risen by 18-20% since the beginning of the year. In other regional centers, including Vinnytsia, Ivano-Frankivsk, and Rivne, the price on the primary

, reported Colliers International Ukraine. Of this new takeup, 64% went to IT companies, Oleksandr Nosachenko, the Managing Director of Colliers (Interfax-Ukraine). So far this year, five business centers, with a total area of 71,000 square meters, opened in Kyiv. In the second half, eight business centers are planned for commissioning in Kyiv, with a total area of 130,000 square meters.

 says Yuriy Pitu, the President of the Realtors Association of Ukraine. Over the two-year construction cycle, prices can increase by 40-50%, he tells UNIAN. He adds: “The popularity of private estates or housing in apartment buildings depends on the location, the convenience of transport links with Kyiv, the quality of construction.”

reports Viktoria Volkovska, Director General of the Finance and Investment Association, a group of 41 construction finance funds. A poll by the group found that 77% want to buy a new apartment to improve their living situation. The rest are looking for an investment. Yuriy Zavialych, director Lviv’s Intersvit, tells Interfax-Ukraine: “In early 2021, due to a prolonged quarantine period and a drop in income, we noted shrinkage in real demand. Now the real estate market is showing a tendency

Volkovska said of the Association’s online survey of 41 construction finance managers. Of the group, 54% said they have not noticed any impact. Looking ahead, 38% said they hoped it will spark more sales. So far, the program has largely financed dacha sales, largely because buyers can use their primary residences as collateral. For buyers who receive their pay ‘in envelopes’, bank mortgages are impossible or too expensive.  In a new National Bank of Ukraine survey, bank managers predict an

the five-story concrete panel apartment buildings, the government plans to lower the barrier of consent of residents to demolition to 75%, from 100% today. A renovation program adopted 15 years ago has stalled, reports Gordon. Olena Shulyak, Deputy Chairman of the relevant Rada Committee, says: “You can never get 100 percent consent from all tenants for resettlement. It’s simply impossible.”

as predicted by the National Association of Realtors. During the first half of this year, hryvnia prices increased by 15-18%. In the resale market, apartments may increase by 12% this year. Yuriy Pita,  Association President, tells UNIAN that these factors drive prices up: Ukraine’s 9.5% inflation rate; a 14% increase in construction costs for the first half of this year; and a 6% drop in construction work for January-May, compared to  last year.

reports 1+1 TV’s Tyzhden. In Dnipro prices rose 21% and in Khmelnytsky by 22%. Analysts cite several factors for the buying pressure: low supply, low interest rates, the hryvnia’s 5% appreciation against the dollar, and restrictions on foreign travel due to coronavirus.

compared to January-March 2020, the State Statistics Service reports. Of the 2.3 million square meters, 70% was in urban areas. Kyiv city accounted for 6%, or 145,000 square meters.

 predicts Serhiy Pylypenko, general director of Kovalska construction and construction materials company. Driving prices up 15-20% this year will be the rising cost of building materials, he told the Confederation of Builders conference, “Post-Quarantine Development” Wednesday in Kyiv. The world runup in iron and steel prices are pushing local prices up by 30-40%, he said.

 “According to the press service of Arricano, after filing the notification, the parties have six months to settle the dispute before arbitration. If the parties fail to agree within the specified period, Estonian investors will apply to international investment arbitration against Ukraine” Interfax-Ukraine has reported.

 by Cushman & Wakefield, the real estate consultancy. Although 85,000 square meters of new space were commissioned last year, rates have increased to $5.5 per square meter. “It is not enough to satisfy existing occupier demand,” said the report. This year, an additional 60,000 square meters are pipeline for 2021.

, introducing their brands and opening stores, said Konstantin Oliynyk, UTG (Interfax-Ukraine). Brands from Poland include:  LPP, Sinsay, CROPP, House, MOHITO, Reserved. Turkish retail brands include: DeFacto, LC Waikiki, and FLO.

the highest level since 2014. In turn, rents fell by 10 to 20%, reported the Kyiv Post. Faced with uncertainty in the pandemic year, CBRE Ukraine said that developers offered only 125,000 square meters of new office space — half the initial plan. This year, Cushman & Wakefield has predicted that 160,000 square meters in new office space will come on the market in Kyiv. Total current supply is 2 million square meters.

said Yuri Pita, President of the Association of Realtors of Ukraine, (Interfax-Ukraine). Assuming the coronavirus pandemic ebbs in May, rents will stabilize. However, he adds: “In the face of accelerating inflation, the cost of rent can increase by an average of 5-7%.”