Ukraine’s real estate market shows signs of recovery, and the number of deals increased by 30%. The residential real estate market is adapting to wartime conditions, and transactions have increased by a third over the year, the Association of Residential Real Estate Developers RED Community repo... #ConstructioninUkraine #HousingInUkraine #RealEstateUkraine #SecondaryMarket
Ukrainians have increased investment in business-class real estate. With the beginning of autumn, deals on purchasing business-class apartments with an average price of $2,000 per square meter have increased in the primary real estate market, said the top manager of t... #BusinessClassRealEstate #DIMgroup #HousingMarketUkraine #RealEstateUkraine
Here is how the Ukraine real estate market has changed after 1.5 years of war. As for housing rent, at the end of September the number of vacant properties continues to decrease. Since the beginning of the year, the number of advertisements in the Kyiv region has fallen by 47%. ... #LunUkraine #RealEstate #RealEstateUkraine #RentingHousingUkraine
Foreigners invest in the Ukrainian real estate market. Yuriy Pita, president of the Association of Real Estate Specialists, said foreigners are increasingly buying housing in Ukraine. These are mainly citizens of Canada, Israel, and Spain. According to hi... #ApartmentUkraine #HousingMarketUkraine #RealEstateInvestments #RealEstateUkraine
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
The Ukrainian housing rental market has revived, and prices have increased. According to market analysts, for the first time in three years the rental market felt August’s impact, which is considered a hot real estate season due to the approach of the school year. Citie... #ApartmentUkraine #RealEstateUkraine #RentalHousing
Prices on the primary real estate market in the Ukrainian capital have returned to pre-war levels. In half a year, prices decreased by 4% compared to the beginning of the year to $1,955 per square meter, according to research from the City One Development company. During the first year of the war, ... #KyivApartments #RealEstatePrices #RealEstateUkraine
In six months, housing rent prices in Ukraine rose by 9%. The average monthly rent for a 1-room apartment in June 2023 was UAH 6,230 ($174). Since the beginning of the year, the price has increased by 9.3%, which is twice as high as the official 6-month infl... #InflationinUkraine #pricesinUkraine #RealEstateUkraine #RentalHousing #RentingHousingUkraine
Damages to Ukrainian housing already amount to more than $54B. As of the end of May 2023, the amount of direct damage caused to Ukraine’s housing stock as a result of the full-scale war is more than $54B. According to research by KSE, this is more than a third of... #HousingDamagesUkraine #RealEstateUkraine #UkraineDamages #WarinUkraine
Almost half of Ukrainian real estate companies will enter foreign markets this year. According to a survey from URE Club, 21.6% of real estate companies plan to open an office abroad in 2023, and 43.1% plan to implement foreign projects. About 19.6% of the companies surveyed could not... #ForeignMarketsForUkraine #RealEstateCompanies #RealEstateUkraine
Ukrainian Real Estate developers have put 25,000 dwellings on the market in 2023. According to the State Statistics Service, 1.94 million square meters were commissioned for residential housing from January to March. These figues compare favorably to the results from the first quar... #ApartmentUkraine #HousingMarketUkraine #RealEstateUkraine
Residential and commercial construction in Ukraine collapsed last year. In 2022, construction enterprises of Ukraine completed 55.9% less projects by volume compared to 2021, the last pre-war year, according to state statistical data. The completed work volume amounted to... #ConstructioninUkraine #RealEstateUkraine
In Kyiv, the street retail facilities vacancy rate decreased to 5% . In the capital of Ukraine, the vacancy rate of street retail facilities decreased to 5%, reports the Ukrainian Trade Guild (UTG). The number of free spaces in shops in the city center has decreased ... #KyivRetail #RealEstateKyiv #RealEstateUkraine
Rental prices in the capital of Ukraine have dropped. Prices for renting apartments in Kyiv decreased by 56% from February 24 to the beginning of July, according to the Bird rental app. According to its analytics, as of July 12, the median rental price f... #KyivRental #RealEstateKyiv #RealEstateUkraine
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 ... #KyivConstruction #RealEstateUkraine #UkraineDevelopment
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... #ConstructioninUkraine #ConstructionKyiv #RealEstateKyiv #RealEstateUkraine
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... #Construction #RealEstate #RealEstateUkraine #UkraineConstruction
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
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%.... #KyivRealEstate #officeRealEstate #RealEstateUkraine
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... #KyivApartments #RealEstateUkraine #RentKyiv #RentRatesKyiv
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... #KyivRealEstate #RealEstateUkraine
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... #PricesforRealEstate #RealEstateKyiv #RealEstateUkraine
The worsening COVID-19 pandemic may hit Ukraine’s real estate market. “Demand may decline by about 20% on the primary housing market in the largest cities of Ukraine”, said President of Real Estate Association, Yuriy Pita. “From the second half of September to Oct... #CovidAffectsRealEstate #RealEstateTrendUkraine #RealEstateUkraine
Demand for the purchase of new apartments in Kyiv has grown by 15 %, with a focus on the buy for rent market reported Interfax. The average yield is 10%, and the period of return for the purchase of residential property is 8-12 years, depending on the quality of the pr... #KyivApartments #RealEstateKyiv #RealEstateUkraine
Occupancy of co-working space rises to 75%. The Ukrainian coworking and flexible office market is returning to pre-quarantine levels. The average occupancy rate of locations is up to 75%, according to a study by CBRE. The pre-quarantine occupan... #Coworkingspace #Coworkingspaceukraine #RealEstateUkraine
Housing prices continue to grow. 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 o... #HousePricingUkraine #RealEstateUkraine
The Lease of new office space in Kyiv in the first half of this year was 60,000 square meters, 66% higher than in the first half of 2020 , 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 cen... #Officerentukraine #RealEstateUkraine
Houses in suburbs within 20 km of Kyiv City have increased in price by 10-15% this year, 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 ... #HousemarketUkraine #HousessalesUkraine #HousingMarketUkraine #RealEstateUkraine #SuburbsHousingUkraine
Demand for apartments across Ukraine has returned to pre-pandemic levels, 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 impr... #DemandforApartmentsUkraine #HousingDemandUkraine #RealEstateUkraine
The governments heavily promoted “Mortgage at 7%” program is not having an impact on housing sales, 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 sa... #HousingsalesUkraine #MortgageProgram #RealEstateUkraine
To speed up demolition of the 1950s-era Khrushchovky, 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 ha... #DemolitionofBuildingsUkraine #RealEstateUkraine #RebuildingUkraine
Prices of new apartments in Ukraine could increase by 25% this year, 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... #Pricesforsquaremeetergoup #RealEstatePrices2021 #RealEstateUkraine
Ukrainian housing prices increased by 10% during the first half of this 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 agai... #RealEstateUkraine #UkraineRealEstatePrices
Commissioning of housing increased by 20.5% during the first quarter, 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. #RealEstateUkraine #UkrainenewHousing
Apartment prices in Kyiv could nearly double – to $2,000 per square meter — by the end of 2023, 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 C... #ApartmentUkraine #HousingMarketUkraine #KovalskaGroup #RealEstateUkraine
Estonian shareholders of Arricano Real Estate Plc registered in Cyprus, the management company and developer of a number of shopping and entertainment in Ukraine, have demanded $750 million in compensation for what they say is the illegal seizure of Sky Mall in Kyiv. “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 peri... #ArricanoRealEstate #RealEstateUkraine #SkyMallKyiv
The e-commerce boom pushed Kyiv warehouse vacancy rates down from 30% to 2%, according to a new report 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 sat... #ecommerceboom #RealEstateUkraine
Retailers from neighboring Poland and Turkey aggressively court Ukrainian consumers , 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: ... #RealEstate #RealEstateUkraine #UTG #UTGrealestate #UTGukraine
Kyiv’s office vacancy rate doubled last year, to 11%, 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 meter... #RealEstateUkraine #RealEstateVacancy
Rents are softening during the April lockdown, with discounts up to 30% expected, 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 accelera... #RealEstateUkraine #RentRatesUkraine
