The return of Spanish retailer Inditex to Ukraine could raise rental rates in shopping malls by 15%. UTG Director Evgenia Loktionova, at the “How do shopping centers change during the war?” conference, said that the return of brands from the Spanish group Inditex to Ukraine – Zara, ... #Inditex #RentalRates #RentalUkraine #ShoppingCentersUkraine #ShoppingMallsUkraine #zara
Despite the war, Ukraine plans to open six new shopping centers with a total area of more than 180,000 square meters. The Ukraine Shopping Center, with a total area of 20,434 square meters, will open in Uzhgorod in December 2024. At the end of the year, the 5,600-square-meter Rosvygivsky shopping center is also expec... #CommercialRealEstate #Construction #ShoppingCentersUkraine #ShoppingMallsUkraine
Despite the ongoing war, Ukrainian retail is recovering. The retail sentiment index, which is calculated monthly by the Ukrainian Council of Shopping Centers, shows that the shopping and entertainment center market in Ukraine has recovered by about 66%. ... #retailUkraine #ShoppingCentersUkraine #ShoppingMallTraffic #UkraineEconomy
Turnover at Ukrainian shopping malls is increasing, and foot traffic has exceeded pre-war indicators. The largest Ukrainian shopping and entertainment centers noted a significant increase in turnover in hryvnia, by 40%-100% compared to last year, and foot traffic, which has exceeded pre-war indicators... #RespublikaPark #ShoppingCentersUkraine #ShoppingMallTraffic #UkraineEconomy
Ukraine’s largest non-food retailer will open its new shopping center near Kyiv in spring 2024. The Epicentr network will open its own shopping and entertainment center with rental spaces and a children’s entertainment center at the site of the Nova Liniya hypermarket near Kyiv, the compan... #EpicentrK #OleksandrHereha #ShoppingCentersUkraine #UkraineRetailers #VictoriaZelenska
Ukrainians can become owners of the state’s share of the Ocean Plaza shopping center. Inzhur Ocean, a joint investment fund, was created to buy out the state’s share of 66.65% of Ukraine’s largest shopping mall, Ocean Plaza. On October 19, the National Securities and Stock Market Commi... #OceanPlaza #PrivatizationUkraine #ShoppingCentersUkraine #StatePropertyFund
The largest shopping center will be opened in Ukraine since the war began. On August 25 in Ivano-Frankivsk, the second stage of the Veles shopping center is scheduled to open. The center’s total area is 43,000 square meters, with 25,000 square meters of leasable space,... #ShoppingCentersUkraine #Veles
Kyiv’s commercial real estate vacancy will increase. At the Ukrainian population’s current income and spending levels, the vacancy rate in Kyiv’s shopping malls may reach 17% by the end of 2024, UTG reported. It is noted that the vacancy rat... #CommercialRealEstate #KyivRealEstate #ShoppingCentersUkraine
More than 20% of the capital’s shopping center capacity is empty. The weighted average vacancy rate in Kyiv’s shopping centers continues to grow. In March 2023 it reached 21.5%, almost double the figure of 11.5% in the same period last year. According to UTG, the co... #CommercialRealEstate #RealEstateVacancy #ShoppingCentersUkraine
Seven Ukrainian shopping centers are preparing to open in 2023. The commercial real estate market did not cease development during the war, and the opening of seven shopping centers has been announced in 2023, said the director of the UTG, Evgenia Loktionova. Acco... #businessinukraine #CommercialRealEstate #ShoppingCentersUkraine
The Ukrainian commercial real estate market has recovered by 70%. The retail real estate sentiment index (RWBI), after a sharp drop in February and March 2022 to 16.7, recovered in September to 28.3, the Ukrainian Council of Shopping Centers reported. It is noted th... #CommercialRealEstate #ShoppingCentersUkraine
Epicenter sales of construction materials decreased, but food and clothes sales increased. Epicenter’s sales dynamics in its chain of stores during the first month of the war decreased by 30% compared to last year, however, several product categories showed growth. According to the company... #EpicentrK #OleksandrHereha #ShoppingCentersUkraine
