The Ukrainian retail industry together with the rest of the country is going through one of the most alarming stages in its history. Shopping malls are increasingly becoming targets for enemy fire. It is difficult to estimate the financial losses caused by the Russian army as the situation is constantly changing. According to the Ukrainian Council of Shopping Centres (UCSC) the losses incurred by the shopping mall industry as a result of the aggression amount to $9.8 billion. This calculation includes direct and indirect losses, writes Katy Klyueva in an article prepared by the Ukrainian Real Estate Club for Property Forum.

Challenging times are still going on, thus investment market participants are closely following the impact of the turmoil in Europe on the economy and its long‑lasting consequences. In spite of the record-high inflation as well as continuously raised interest rates, the Polish investment market keeps track with 32 investment deals closed in Q2 2022, exceeding €1.2 billion, Avison Young reports.

In 2022, Expo Real is organizing a networking and information pavilion with 132 sqm dedicated to Ukraine, its cities, real estate players and projects.

The resources of the PRS sector in Poland are growing. Last year, almost one in five apartments was built for institutional lease, which also had a significant impact on developers' results. According to Walter Herz, in 2021, investments in portfolios of residential for rent in Poland amounted to approximately €725 million. There are already almost 8,000 units on the Polish market offered in the PRS segment and other several tens of thousands of apartments under construction.

After declines in Polish non-residential construction in 2020 and 2021, PAB-PCR&F Institute, the Polish member of Euroconstruct, forecasts a growth of over 3% annually in 2022-2024.

Currently, the primary residential real estate market in Ukraine is experiencing an increase in the cost of construction as the cost of materials and labour have increased several times. A large part of domestic producers of building materials cannot work because they have suffered losses of production capacity. Import substitution, which should fill the shortage of materials, is often not a solution because of the high costs and logistics problems. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.

Due to the significant development of the e-commerce sector inquiries have risen rapidly for smaller units in city logistics centers in 15 CEE countries, Colliers International reports. 

GTC has published its latest ESG report, summarizing the Group’s activity for the previous year. The 2021 report presents industry-unique data on GTC’s engagement in sustainable development, responsible construction and asset management, collaboration with local communities and responding to stakeholders’ expectations. The report highlights that 88% of GTC's portfolio is environmentally certified and the success of GTC Group’s “green” eurobonds in 2021.

Pražská energetika (PRE), the Czech energy company, prepares massive investments in renewable energy sources. The company wants to decimate the capacity to reach 300 megawatts from its own "green" power plants by 2030. Therefore, the company has already planned several projects for the next three years, the Czech daily Seznamzpravy.cz reports.

The logistic real estate market of Ukraine has been seriously damaged during the military aggression on the part of the Russian Federation. Warehouses are subjected to targeted attacks, as they are regarded by the aggressor as strategic objects, providing logistics, delivery of food and essential goods. On the territory of the Kyiv region, warehouse and logistics complexes with a total area of about 382,000 square meters were destroyed, writes Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.