In the East European region, the aggregated construction outlook for next year has remained positive, only the trajectory has changed a little, according to the winter report of the Eastern European Construction Forecasting Association (EECFA). 

The European Bank for Reconstruction and Development (EBRD) and the European Commission are supporting Ukraine's housing recovery with a €100 million loan facility to develop a scalable affordable housing platform. The financing will help deliver safe and sustainable housing for internally displaced persons and other vulnerable groups, addressing one of the country's most pressing social needs.

After nearly four years of large-scale invasion, Ukraine faces growing challenges in its recovery, the URE Club writes in an article for Property Forum.. According to the updated Rapid Damage and Needs Assessment (RDNA-4) released in February 2025, the total needs for reconstruction and rehabilitation for the next ten years amount to $524 billion.

Ukraine’s retail and office real estate markets demonstrated stability and selective growth in the first half of 2025, adapting to wartime conditions and shifting consumer behaviour. The URE Club took a closer look at the changes that took place in H1 2025 in an article for Property Forum.

Despite the escalation on the front lines and increased shelling of civilian infrastructure in peaceful cities since the beginning of summer, the Ukrainian construction market has seen an increase in the number of new projects launched and completed in the first half of the year. The Ukrainian Real Estate Club has summarised the situation for Property Forum.

While the Southeast European region is projected to maintain its 2024 activity levels, reduced optimism in Eastern Europe is largely attributed to a worsened forecast for Turkey, finds the latest report of the Eastern European Construction Forecasting Association (EECFA).  

Since the onset of Russia’s full-scale invasion, Ukraine has experienced profound demographic and economic shifts. One of the most significant developments has been the increasing strategic importance of the country’s western regions—Lviv, Ivano-Frankivsk, and Zakarpattia—as safe havens for internally displaced persons (IDPs), as well as new focal points for business relocation and investment. The Ukrainian Real Estate Club has summarised the situation for Property Forum.

The Ukrainian housing sector continues to face significant challenges due to the ongoing conflict. However, the Government of Ukraine is actively implementing various initiatives to support citizens affected by the war. As of early April, over 100,000 homes have been restored, as announced by Oleksiy Kuleba, Vice Prime Minister for Recovery and Minister of Community and Territorial Development, during a meeting of the Ukrainian Donor Platform in Kyiv. The Ukrainian Real Estate Club has summarised the situation for Property Forum.

The industrial parks sector in Ukraine continued its dynamic growth trajectory in 2024, building on the momentum established in 2022-2023. Virtually all private or municipal stakeholders demonstrated significant progress, with qualitative advancements across the board. The year 2025 is poised to accelerate this development further, the Ukrainian Real Estate Club reports.

Since the onset of the full-scale invasion, the proportion of imports on Ukrainian construction sites has remained relatively stable, with any monetary growth primarily attributable to fluctuations in exchange rates. The Ukrainian Real Estate Club has convened insights from representatives of various development companies to conduct a thorough analysis of the current share of imports, the evolution of procurement strategies, and the materials and components that predominantly remain imported.