Page 69 - UKRRptAug22

Truck traffic to Poland at the Korczowa – Krakovets border crossing has increased by 51%. During the first month of operation at the updated Krakivets - Korchova checkpoint on the Ukraine and Poland border, the average daily number of trucks that left Ukraine increased by 51%, up to 423 trucks, announced the Minister of Infrastructure, Oleksandr Kubrakov. These results were achieved due to the implementation of the Open Border project. Its launch was agreed upon by the presidents of Ukraine and Poland and advised by Polish-Ukrainian intergovernmental consultations. The government plans to extend the Open Border to other checkpoints. Among the priorities is the busiest point on the Ukrainian-Polish border, Yagodin - Dorogusk.
9.1.4 Construction & Real estate sector news
Prices for new apartments in Ukraine have risen since the beginning of the year. In January-July 2022, the price of a square meter of newly constructed housing increased by 11%, and by 8% on the secondary market, reported the OLX real estate platform. In January, the average price for second-hand apartments in Ukraine were UAH 17,600 sq/m ($470), and in July, this amount was already UAH 19,000 sq/m ($510) If you plan to invest in an apartment in a new building, the average price per square meter is 25,400 UAH sq/m ($685) which is UAH 2,500 ($68) more than at the beginning of the year before the war. According to the OLX portal, the cheapest apartments in new buildings in July are offered in the Ivano-Frankivsk region with UAH 17,800 sq/m ($480). Affordable prices are also in Khmelnytskyi, UAH 18,800 sq/m ($508), and the Sumy region with UAH 19,500 sq/m ($528). The highest prices for new apartments were recorded in Kyivska ($820), Lvivska ($905), and Dnipropetrovsk ($908) regions.
Since the war, the value of the real estate has increased by 11%. In July, the price per square meter on the secondary market grew by 8%, and on the primary market by 11%. In January, the average price on the secondary market in Ukraine was UAH 17,643/ m2, in July, it was UAH 19,070/ m2. The average price per square meter in a new building is UAH 25,464/m2, which is UAH 2,500 more than before the war, according to OLX Real Estate. On the primary market, the cheapest real estate is in Sumy Oblast, UAH 13,002/ m2, Dnipro Oblast (UAH 16,358/ m2 and Ivano-Frankivsk Oblast (UAH 16,411/m2). The most expensive prices are in Kyiv, UAH 34,740 sq/m2), Lviv UAH 27,463/ m2 and Vinnytsia, UAH 24,753/ m2.
In Kyiv, the street retail facilities vacancy rate decreased to 5%. In the capital of Ukraine, the vacancy rate of street retail facilities decreased to 5%, reports the Ukrainian Trade Guild (UTG). The number of free spaces in shops in the city center has decreased from 11% to 5%. On the contrary, this indicator in shopping malls increased from 10% to 20%, and sometimes as high as 28%. According to the trade guild, this is because the ownership of free-standing stores have become contractual. Tenants have taken advantage of the situation to locate their shops on central streets with long-term contracts and low rents. In addition, the popularity of street retail format stores has increased significantly among visitors. Due to war and the threat of shelling and missile strikes, people want to be able to evacuate quickly and get to shelter. This causes a negative occupancy impact on malls, due to which retailers seek to relocate to the city's streets.
69 UKRAINE Country Report XXXX 2018 www.intellinews.com