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... #KyivOfficeLease #OfficeLeaseKyiv #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... #Kyiv’sofficevacancy #RealEstateUkraine
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