Blockbuster Mall reduced vacancy by 20% and increased revenue by 25% in 2025, according to the mall’s press service.
“During 2025, new retail outlets with a total area of 14,459 square meters were opened, which was one of the factors contributing to the reduction in vacancy rates. Throughout 2025, our team focused on strengthening key categories and relocating brands to areas with higher commercial efficiency. As a result, we reduced vacancy rates by 20% compared to 2024,” said Blockbuster Mall CEO Dmytro Lashyn.
As of early 2026, Blockbuster Mall already cooperates with more than 150 retailers. In particular, two major international players launched in August 2025: Half Price opened the largest store in Ukraine with an area of over 2,269 square meters, and CCC strengthened its offering in the footwear and accessories category. Last fall, Blockbuster Mall launched an experiment with Ukraine’s first vegetarian KFC.
The company plans to commission approximately 17,500 sq. m of retail space in 2026. Among those already announced is the opening of Antoshka with an area of 1,577 sq. m.
“I will not say anything about IKEA at this time—they remain an important tenant for us and the Ukrainian market in general, but at this time, any details regarding the brand’s future decisions can only be announced after official statements from IKEA itself. At the same time, Blockbuster Mall maintains a working dialogue and has grounds for positive expectations regarding the development of cooperation,” Lashin said.
In general, according to him, the structure of tenants is changing: if previously the team focused on mass-market brands, now it is focusing on “mid-range+” brands.
Last year, there was steady growth in traffic (reaching +35% in peak months compared to the same periods in 2024) and turnover – by 25% overall compared to 2024. Lashin said that in 2025, there were periods of decline in revenue for the Epicenter construction supermarket, although it remains one of Blockbuster Mall’s key anchor tenants and accounts for about 17% of total turnover.
According to him, last year’s festivals had a significant impact on the shopping center’s performance. For example, the B-Mall Fest 2025 charity music festival attracted more than 120,000 visitors over three days, November 28-30, and Atlas sold nearly 72,000 tickets this year.
“During the festival days, the shopping center’s traffic increased by 30%, conversion in the fashion and beauty categories by 10-20%, and the food zone had twice as much revenue,” the CEO of Blockbuster Mall gave as an example.
Among the trends for 2026, he named the development of omnichannel retailing, format flexibility, the growth of the “mid-range+” segment, and the consumer’s focus on experience rather than goods.
“We in Ukraine are developing retail during the war, and after a 90% collapse in the first weeks of the invasion, we have already reached pre-war levels. And this is not about optimism, but about our ability to adapt. Yes, we work with a much shorter planning horizon, and while European retailers plan for 5-10 years, our horizon is 6-12 months. 2025 has shown that even in wartime, Ukrainians want to live a full life: they go to festivals, buy quality goods, and support brands. Our task as a shopping center is to create the right conditions and infrastructure for this,” said Lashin.
The total area of the Blockbuster Mall shopping center is 450,000 square meters, with a leasable area of about 150,000 square meters. The opening of the shopping center’s anchor tenant, the Silpo supermarket, took place on November 20, 2019. The shopping center has over 150 stores, a cinema, a food market and entertainment area, the GALAXY indoor family park, and Ukraine’s largest skate park and roller rink, Turbo X Spot. The shopping center also has the largest shelter in the country (certified by the State Emergency Service).
According to open registries, the beneficiaries of Investbud Garant LLC (the formal owner of Blockbuster Mall) are Oleksandr Spektor and Maryna Dorokhina.
