ShoppingMallsUkraine

Thursday, May 15

The cost of building shopping malls in Ukraine has increased by 20% during the war.

The cost of building shopping malls in Ukraine has increased by 20% during the war. The construction of shopping malls is actively progressing in Ukraine. After 2022, 56 shopping malls have been launched or restored with almost one million square meters of retail space. By 2025, it i...

Wednesday, April 30

A shopping and hotel complex spanning over 4,500 square meters is set to open in a resort town in the Lviv region.

A shopping and hotel complex spanning over 4,500 square meters is set to open in a resort town in the Lviv region. The new Park complex, featuring more than 4,500 square meters of space, will be located in Truskavets. Plans include several restaurants, a large grocery market, a spa, clothing and other household go...

Wednesday, April 16

Last year, a Ukrainian developer put over 500,000 square meters of new retail space into operation.

Last year, a Ukrainian developer put over 500,000 square meters of new retail space into operation. The total volume of construction work completed in Ukraine in 2024 rose by 15.5% compared to the previous year, reaching ₴204.7B, against a 25% increase in 2023. The non-residential construction secto...

Friday, April 11

A new shopping mall is set to be built in the Lviv region, while JYSK enhances its stores’ efficiency.

A new shopping mall is set to be built in the Lviv region, while JYSK enhances its stores’ efficiency. In the Lviv region, near the entrance to the city of Vynnyky, plans are underway to construct a large shopping mall that will feature a supermarket, various shops, food outlets, a children’s pla...

Friday, April 4

Trends in the commercial real estate market in Kyiv.

Trends in the commercial real estate market in Kyiv. CBRE Ukraine’s research for the second half of 2024 shows that retail turnover in Ukraine increased by 13% year-on-year. However, consumers continue to face a challenging economic situation, and...

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...

Wednesday, January 29

A Ukrainian developer has summarized the work results on its shopping centers for 2024.

A Ukrainian developer has summarized the work results on its shopping centers for 2024. Budhouse Group shopping centers welcomed 22 million visitors last year, with attendance remaining unchanged compared to 2023. Attendance at the Nikolsky shopping center decreased due to extensive shel...

Thursday, December 19

Shopping malls from Rivne to Kharkiv are being renovated and attracting new tenants.

Shopping malls from Rivne to Kharkiv are being renovated and attracting new tenants. In Rivne, the Pokrovsky shopping center has been put into operation after closing for renovation in 2022. Among the anchors, a Thrash! supermarket, with an area of about 420 square meters, and an E-...

Tuesday, December 3

New mega shopping malls and stores are being built and opened in Ukraine.

New mega shopping malls and stores are being built and opened in Ukraine. Iryna Koval, Commercial Director of Building Development, which manages several retail real estate properties throughout Ukraine, said that their new facility in Chernivtsi, Bukovyna Mall, will be the...

Thursday, October 17

In Ukraine, visitors to shopping malls are increasing and new facilities are opening.

In Ukraine, visitors to shopping malls are increasing and new facilities are opening. In the first half of the year, the average number of visitors to shopping malls in Ukraine increased by 4% compared to last year. According to UTG, the number of visitors to shopping and entertainment...

Tuesday, October 1

Despite the war, restaurants, supermarkets, and malls featuring international and domestic brands continue to open in Ukraine.

Despite the war, restaurants, supermarkets, and malls featuring international and domestic brands continue to open in Ukraine. This weekend, the first stage of the Epicentr shopping center was launched in the village of Chabany, close to the capital. The two-story mall’s total area is more than 96,000 square meters. Lat...

Monday, September 9

In the first half of the year, Ukrainian retail improved its main indicators.

In the first half of the year, Ukrainian retail improved its main indicators. The index of retail well-being is gradually improving, and vacancy in shopping centers is decreasing, but no significant changes in attendance have yet been observed. The situation’s improvement occur...

Tuesday, June 18

The number of stores in Ukraine increased in the beginning of the year; retail follows internal migrants.

The number of stores in Ukraine increased in the beginning of the year; retail follows internal migrants. As Retail & Development Advisor stated, the number of stores operating in Ukraine in January-March 2024 exceeded 18,000, which is 4% more than in the first quarter of 2023. “The return of ou...

Tuesday, June 11

Epicentr continues to invest in Ukraine: The company will complete five shopping and entertainment centers and a logistics complex.

Epicentr continues to invest in Ukraine: The company will complete five shopping and entertainment centers and a logistics complex. The Epicentr K hypermarket chain plans to construct five shopping centers and a large logistics complex in Khmelnytskyi this year. The terms for putting these facilities into operation will depend on ...

Friday, April 12

The return of Spanish retailer Inditex to Ukraine could raise rental rates in shopping malls by 15%.

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, ...

Tuesday, April 2

Despite the war, Ukraine plans to open six new shopping centers with a total area of more than 180,000 square meters.

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...

Wednesday, March 27

The return of foreign brands to Ukraine has provoked an increase in rental rates for retail space by 8-10%.

The return of foreign brands to Ukraine has provoked an increase in rental rates for retail space by 8-10%. According to CBRE Ukraine, in 2023 four new retailers entered the Kyiv market – the Italian premium clothing brand EA7, American household electronics brand KitchenAid, Polish clothing brand Hal...

Thursday, March 21

The largest shopping center will be built in the Kyiv region.

The largest shopping center will be built in the Kyiv region. A new shopping and entertainment center, the Bucha Gallery, will be built in Bucha, Kyiv. It will be built on the site of the Epicentr hypermarket destroyed by the invaders, said the mayor of Bucha, A...

Tuesday, February 13

The number of shopping malls in the capital will soon increase by 50 new facilities.

The number of shopping malls in the capital will soon increase by 50 new facilities. In the coming years, 50 new shopping and entertainment centers may appear in Kyiv. To the existing shopping centers with 2.5 million square meters, in 2024-2025 developers plan to construct facilities...

Monday, December 18

One of the largest shopping malls in Kyiv will be put up for sale at a privatization auction in the second half of 2024.

One of the largest shopping malls in Kyiv will be put up for sale at a privatization auction in the second half of 2024. The State Property Fund of Ukraine (SPFU) conducted an Ocean Plaza shopping center inventory, including financial liabilities. This is one more step toward the sale of the shopping center, but going t...

Monday, February 27

Epicenter-K announces the construction of a new mall to replace one destroyed by the Russians.

Epicenter-K announces the construction of a new mall to replace one destroyed by the Russians. The Epicenter Group, specializing in home improvements and construction materials, will build a new Epicenter shopping and entertainment center with an area of about 100,000 square meters in the town ...

Thursday, November 25

Foot traffic in shopping malls is down by 30%.

Foot traffic in shopping malls is down by 30%. The drop in foot traffic at shopping and entertainment centers in Ukraine ranged from 20% to 30%, reported Interfax. The lower number of visitors is due to the introduction of quarantine restrictions,...

Monday, November 15

One of the largest shopping malls in Europe has opened in Kyiv. On November 12, the Respublika Park shopping mall opened with a total area of 300,000 square meters in Teremky. With a net usable space of 135,000 square meters, the mall is considered to be one of th...

Monday, January 18

In March, the mass vaccination of 2.5 million Ukrainians is to start

In March, the mass vaccination of 2.5 million Ukrainians is to start In March, the mass vaccination of 2.5 million Ukrainians is to start. Later in the spring, people will be able to buy vaccinations – a window for foreigners to get vaccinated here. Minister Stepanov t...

Starting tomorrow, all airline passengers traveling to the US, including US citizens, must provide a negative COVID-19 test taken within three days of travel

Starting tomorrow, all airline passengers traveling to the US, including US citizens, must provide a negative COVID-19 test taken within three days of travel Starting tomorrow, all airline passengers traveling to the US, including US citizens, must provide a negative COVID-19 test taken within three days of travel or documentation of recovery from COVID-19...

Russia’s Gazprom resumes construction of Nord Stream 2 this week, aiming to complete work in Danish waters by the end of May and in Germany waters by the end of June,

Russia’s Gazprom resumes construction of Nord Stream 2 this week, aiming to complete work in Danish waters by the end of May and in Germany waters by the end of June, Russia’s Gazprom resumes construction of Nord Stream 2 this week, aiming to complete work in Danish waters by the end of May and in Germany waters by the end of June, reported Bloomberg, citing an off...

Zurich Insurance Group

Zurich Insurance Group Zurich Insurance Group AG has become the latest European company to pull out of the controversial Russia-Germany pipeline project, bowing to US sanctions, reports Bloomberg in a separate story. Presum...

Foreign holdings of Ukrainian bonds ticked up 3.8% in the first two auctions of 2021

Foreign holdings of Ukrainian bonds ticked up 3.8% in the first two auctions of 2021 Foreign holdings of Ukrainian bonds ticked up 3.8% in the first two auctions of 2021, hitting UAH 87.6 billion, or $3.1 billion. Foreigners now hold 8.75% of the Ukrainian government bond market, acco...

Air traffic in and out of Kharkiv, Ukraine’s second largest city, dropped by 51% last year

Air traffic in and out of Kharkiv, Ukraine’s second largest city, dropped by 51% last year Air traffic in and out of Kharkiv, Ukraine’s second largest city, dropped by 51% last year, slightly better than the nationwide drop of 64%, reported the Center for Transportation Strategies. Worldwid...

Ukraine’s Armed Forces plan to order up to eight new An-74 multipurpose transport jets to start replacing its aging An-26 fleet, Minister for Strategic Industries Oleh Uruskiy

Ukraine’s Armed Forces plan to order up to eight new An-74 multipurpose transport jets to start replacing its aging An-26 fleet, Minister for Strategic Industries Oleh Uruskiy Ukraine’s Armed Forces plan to order up to eight new An-74 multipurpose transport jets to start replacing its aging An-26 fleet, Minister for Strategic Industries Oleh Uruskiy writes on Facebook. The ...

Epicenter K, Ukraine’s largest retailer, plans to invest $1.2 billion through the end of next year

Epicenter K, Ukraine’s largest retailer, plans to invest $1.2 billion through the end of next year Epicenter K, Ukraine’s largest retailer, plans to invest $1.2 billion through the end of next year, Petro Mykhailyshyn, Director General of the group, said Thursday at a press conference at Interfax-U...

Epicenter, Ukraine’s version of Home Depot, has 62 hypermarkets with a total area of

Epicenter, Ukraine’s version of Home Depot, has 62 hypermarkets with a total area of Epicenter, Ukraine’s version of Home Depot, has 62 hypermarkets with a total area of over 1 million square meters nationwide. Recently, the company has invested in farming and logistics. Mykhailyshy...

To reach Ukraine’s smaller cities, Epicenter is building up to 100 smaller format stores – retail spaces with 4-6,000 square meters

To reach Ukraine’s smaller cities, Epicenter is building up to 100 smaller format stores – retail spaces with 4-6,000 square meters To reach Ukraine’s smaller cities, Epicenter is building up to 100 smaller format stores – retail spaces with 4-6,000 square meters, Mikhailishin told Interfax-Ukraine in an interview. Aiming at the h...

Although attendance at shopping malls dropped by 26% yoy last year, overall retail sales were up 7.6% for the first 11 months of 2020

Although attendance at shopping malls dropped by 26% yoy last year, overall retail sales were up 7.6% for the first 11 months of 2020 Although attendance at shopping malls dropped by 26% yoy last year, overall retail sales were up 7.6% for the first 11 months of 2020, reports NAI Ukraine, the commercial real estate consulting compan...

Online orders through OLX Delivery, one of Ukraine’s largest internet shopping platforms, jumped for the for the period Dec. 9 to Jan 13

Online orders through OLX Delivery, one of Ukraine’s largest internet shopping platforms, jumped for the for the period Dec. 9 to Jan 13 Online orders through OLX Delivery, one of Ukraine’s largest internet shopping platforms, jumped for the for the period Dec. 9 to Jan 13, compared to last year, the company’s analytical service report...

Starting this week, service personnel in all stores, restaurants

Starting this week, service personnel in all stores, restaurants Starting this week, service personnel in all stores, restaurants, cafes, pharmacies, and gas stations, must first address customers in Ukrainian. Customers are not obligated to use Ukrainian and can c...

Facing complaints about coronavirus vaccine profiteering and delays, Ukraine’s Health Ministry signed a contract last week with Crown Agents, a British international development company

Facing complaints about coronavirus vaccine profiteering and delays, Ukraine’s Health Ministry signed a contract last week with Crown Agents, a British international development company Facing complaints about coronavirus vaccine profiteering and delays, Ukraine’s Health Ministry signed a contract last week with Crown Agents, a British international development company, to buy the Ch...

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