The Ukrainian retail market is showing resilience despite objective negative factors (unstable consumer demand, declining purchasing power) and is gradually approaching 2021 levels. In the first half of 2024, the market saw both negative and positive trends. Among the first, CBRE Ukraine analysts mention a drop in the consumer confidence index. According to a study by Info Sapiens, as of the end of June 2024, this indicator in Ukraine decreased by 8 points, reaching 64.5. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.

On 15-16 May, the Ukrainian Construction Congress was held in Kyiv, with the key topic of rebuilding Ukraine in a barrier-free and inclusive manner. As part of the concept of rebuilding Ukraine, the Steel Dream Bakhmut concept plan was presented. Iryna Nastych summarised the concept in an article prepared by the Ukrainian Real Estate Club for Property Forum.

The first project of the charitable foundation Housing For IDPs - the Socialization Centre for IDPs for 19 families - will be opened in the Irpin community at the beginning of the year.

According to the State Employment Service, as of September 1, 2023, the number of vacancies in the construction industry exceeded the number of registered unemployed. Representatives of the largest developers in the capital speak of a shortage of workers. Olga Solovei summarised what is happening in the labour market in the construction sector of Ukraine in an article prepared by the Ukrainian Real Estate Club for Property Forum.

Since the beginning of the full-scale invasion, Kyiv’s primary residential market has stalled for some time with the number of transactions in 2022 significantly decreasing. In 2023, however, most developers are observing positive trends and slow but steady growth. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.

After the extremely difficult year of 2022, the Ukranian retail market has finally managed to improve its performance. Having talked to key market players about trends, tendencies and forecasts, Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.

In March-April 2023, the Ukrainian Real Estate Club conducted a survey of almost 100 representatives of Ukrainian companies that continue to operate in the market and do business during the war. Of course, all market participants, regardless of their region of operation, felt the negative economic consequences. Despite this, the market is rather optimistic and proactive, as evidenced by the survey results, Olga Solovei (URE Club) reports for Property Forum.

The scale of the destruction suffered by Ukraine as a result of the war is difficult to comprehend. The housing stock has been severely damaged, with Ernst & Young's research indicating that the scale of damage to Ukrainian real estate exceeds the volume of all new housing commissioned over the past seven years. No wonder that speaking about the Ukraine Recovery Program, Prime Minister Denys Shmyhal noted that it will be the largest reconstruction project since World War II. The Ukrainian Real Estate Club and Property Times summarised what is known about the program in an article prepared for Property Forum.

The full-scale invasion of Ukraine has led to huge destruction, the volume of construction waste has reached a critical level and continues to increase. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.

Ukraine’s logistics real estate segment has suffered significant losses and destruction since the beginning of the full-scale invasion. Russia targeted warehouses and about 500 thousand square meters of warehouse space was destroyed during the attack on the capital in the Kyiv region. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum.