ARTICLES LABELLED WITH TAG Ukraine

News How are resi developers in Ukraine doing during the war?
13
Jul
2022

How are resi developers in Ukraine doing during the war?

by Property Forum
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.
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News EIB presents new funding tool to support rebuilding Ukraine
04
Jul
2022

EIB presents new funding tool to support rebuilding Ukraine

by Property Forum
The Vice-President of the European Investment Bank (EIB) Teresa Czerwińska and the acting Managing Director of EIB Global, Markus Berndt, spoke at the Ukraine Recovery Conference in Lugano and shared the EIB’s views on Ukraine’s recovery. They reaffirmed the EU Bank's steadfast position on the importance and urgency of investing in Ukraine's European future, even as fighting continues across the country. Emphasising its support for the recovery plan presented at the conference, the EIB offered a new instrument, the EU-Ukraine Gateway Trust Fund. This financing instrument could support Ukraine’s early and long-term recovery and the country’s journey towards EU membership.
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News How’s Ukraine’s warehouse market functioning during the war?
03
Jul
2022

How’s Ukraine’s warehouse market functioning during the war?

by Property Forum
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.
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News Regional construction market outlooks turn negative
30
Jun
2022

Regional construction market outlooks turn negative

by Property Forum
Previous optimism over the prospect of the construction market in the Southeast European region is gone, the Eastern European Construction Forecasting Association (EECFA) reports. The current forecast is foreshadowing almost no growth until 2023 and contraction in 2024. The main reason behind is the worsening climate for construction due to the consequences of the Russian invasion of Ukraine.
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News How’s Ukraine’s office market functioning during the war?
03
Jun
2022

How’s Ukraine’s office market functioning during the war?

by Property Forum
Unlike logistics and retail assets, office buildings received less damage from the war in Ukraine, but it is still impossible to calculate the exact number of losses or destroyed office space. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.
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News Shortage of staff and materials limits resumption of constructions in Kyiv
19
May
2022

Shortage of staff and materials limits resumption of constructions in Kyiv

by Property Forum
After the beginning of the Russian invasion of Ukraine, real estate developers in Kyiv stopped working on construction sites and focused on defence processes. They handed over their equipment and materials for the construction of protective structures, created volunteer organizations, etc. By now, after the de-occupation of the settlements around the capital and the relative stabilization of the situation in Kyiv, some developers began to resume work on construction sites. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.
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News Ukrainians are ready to rebuild their country – Real estate developers will play a critical role
10
May
2022

Ukrainians are ready to rebuild their country – Real estate developers will play a critical role

by Property Forum
The war launched by Russia on February 24th is still going on in Ukraine. Infrastructure facilities are being damaged every day. The cost of damages that experts share changes daily. According to the Centre for Economic Policy Research, the total expenses for reconstruction will range from $220 billion to $540 billion, writes Anna Nestulia, Principal at Invest in Projects for Property Forum.
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News War in Ukraine to impact profit margins in Poland's construction sector
25
Apr
2022

War in Ukraine to impact profit margins in Poland's construction sector

by Property Forum
The latest report from research firm Spectis indicates that following a strong start to the year, the outlook for the construction sector over the coming months of 2022 is now less bright. The expected slowdown can be indirectly caused by the ongoing war in Ukraine, which only aggravates the problems the market has been facing previously, such as soaring prices of raw materials, building materials, and energy sources or the shortage of labour.
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News War in Ukraine pushes costs on Romania's construction market
11
Apr
2022

War in Ukraine pushes costs on Romania's construction market

by Property Forum
Romania’s trade relations with Ukraine, Russia and Belarus are limited, but the country has been importing raw materials from these countries that are used in the local construction market, according to an analysis by the Eastern European Construction Forecasting Association (EECFA). 
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News NEPI Rockcastle rolls out humanitarian campaign for Ukraine
23
Mar
2022

NEPI Rockcastle rolls out humanitarian campaign for Ukraine

by Property Forum
Property group NEPI Rockcastle has launched the “Donate for the Ukrainian people” campaign, conducted through SPOT, the mobile loyalty application of the company.  
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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