Demand for rental housing in the capital in August increased by 30-40% compared to the previous month, for the purchase of residential real estate by 45%, the press service of the Park Lane real estate agency reported.
“We are seeing a significant increase in demand, as pent-up demand has formed over the past six months, which is now being realized. Autumn has always been an active season, and this year, despite the circumstances, we see activity in the market,” explains Victoria Barabash, CEO of Park Lane Academy of Sciences, the words of which are given in the press release.
According to her, demand is affected by the return to the capital of those who previously temporarily left Kyiv due to Russia’s military invasion of Ukraine.
“The number of calls and transactions in the rental market has reached pre-war levels,” Barabash said.
Demand in the rental market is observed mainly for apartments in different districts of the capital costing 10-20 thousand UAH. The most popular are 1-3-room apartments with an area of 45-70 sq. m.
“Requests of tenants have not changed significantly compared to the pre-war period. The greatest interest is still in apartments in new buildings, most often with their own territory, parking. Also, a certain percentage of tenants are interested in apartments in early construction houses. However, the main selection criterion is high-quality repairs and comfort of living,” Barabash clarifies.
If we talk about buying a home, the most active demand is for 1-3-room renovated apartments. About 70%, as at the end of 2021, falls on housing in new buildings. Most buyers are interested in Pechersky, Solomensky, Shevchenkovsky, Goloseevsky, Darnitsky districts, according to a press release.
“We are seeing an increase in demand, an increase in the number of applications, starting from the beginning of August. Regarding the level of discounts, they are exclusively individual and depend on the situation of the owner and his willingness to discount,” Barabash states.
In her opinion, the dynamics of demand makes it possible to talk about optimistic forecasts for the market and the activity of the autumn season.
The Park Lane real estate agency was registered in Ukraine in 2006 and is part of the First Realty Group corporation.
The international reserves of Ukraine as of September 1, 2022, according to preliminary data, amounted to $25 billion 436 million (in equivalent), which is 13.6% more than at the beginning of June ($22.757 billion), according to data from the National Bank of Ukraine, published in Tuesday.
“As of September 1, 2022, Ukraine’s international reserves, according to preliminary data, amounted to $ 25.436 billion. In August, they grew by 13.6% due to the receipt of a significant amount of international assistance against the backdrop of the country’s moderate debt payments in foreign currency and smaller interventions by the National Bank to sell foreign currency “, the controller explained.
As reported, in June, the fall in reserves amounted to 1.6%, or $371.5 million.
The regulator clarified that net international reserves in August increased by 26.6%, or $3 billion 342 million, to $15.917 billion, while in July they fell by 2.9%, or $377 million (to $12.575 billion).
According to the National Bank, in August the dynamics of international reserves was affected by assistance from foreign partners and operations to manage public debt. In particular, foreign exchange receipts to the accounts of the Ukrainian government with the NBU in August amounted to $4.788 billion, including from the United States – $3 billion, from the EU – $1 billion, from Canada – $349.3 million, from Italy – $205.6 million, from the placement domestic government bonds – $99.6 million, from other creditors – $87.4 million.
The total volume of board payments for servicing and repaying state debt in foreign currency amounted to $171.9 million, including $165.4 million directed to repay debt to international creditors, $6.5 million – to service government bonds.
In addition, Ukraine transferred $221.1 million to the IMF.
International reserves were also affected by NBU operations on the interbank market. In particular, they sold $1.641 billion on the foreign exchange market and bought $311.7 million into reserves, due to which the balance of interventions was negative and amounted to $1.33 billion.
It is indicated that the sale of foreign currency by the Central Bank decreased due to the adjustment of the official exchange rate to UAH 36.57/$.
In addition, the reserves were affected by the revaluation of financial instruments, in particular, their decrease by $16.4 million.
“The current volume of international reserves provides financing for four months of future imports, which is enough to meet the obligations of Ukraine and the current operations of the government and the National Bank,” the bank said.
As reported, at the beginning of 2022, Ukraine’s international reserves amounted to $30.941 billion, net international reserves (NIR) – $20.767 billion.
At the request of the prosecutors of the Podolsk district prosecutor’s office in Kyiv, asphalt concrete plants belonging to Belarusian companies were arrested and transferred to the management of ARMA, the Kyiv city prosecutor’s office reports.
A message posted on the prosecutor’s telegram channel on Monday indicated that the value of the transferred assets was about UAH 120 million.
“The investigation established that a number of companies specializing in various types of road works operate in Kyiv, as well as in the Zhytomyr and Nikolaev regions. The Republic of Belarus is the ultimate beneficial owner of these companies,” the prosecutor’s office of the capital informs.
The report notes that as part of the investigation, the activities of these companies are being studied with a view to misappropriating state budget funds allocated for the construction, reconstruction and repair of roads, followed by legalization of funds and withdrawal abroad. Also, as indicated in the message of the prosecutor’s office, possible financing of actions with the aim of seizing state power, changing the boundaries of the territory or the state border of Ukraine is being checked.
“During the investigation, three asphalt concrete plants, which are located in Kyiv, Zhytomyr and Mykolaiv regions and belong to the mentioned companies, were arrested and transferred to the management of the National Agency of Ukraine for the identification, search and management of assets obtained from corruption and other crimes,” the source informs. prosecutor’s office.
Pre-trial investigation in criminal proceedings is carried out based on the materials of the Central Office of the SBU.
asphalt concrete plants, Belarusian companies, Kyiv prosecutor's, АРМА
Stock indices of the largest countries in the Asia-Pacific region (APR) do not show a single dynamics during trading on Tuesday.
The Japanese Nikkei 225 rose by 0.02% by 08:35 Moscow time.
Consumer spending in Japan rose 3.4% year-on-year in July, official statistics show. Analysts on average predicted an increase of 4.2%.
The growth leaders among the components of the index are shares of the chemical Unitika Ltd., which add 7.5%, the leaders of the fall are the papers of the electricity distribution company Tokyo Electric Power Co. Holdings Inc. (-four%).
Asia’s largest clothing retailer Fast Retailing is up 0.1%, automaker Nissan Motor Co. – decrease by 0.75%.
The Chinese Shanghai Composite index added 1.11% by 08:40 Moscow time, while the Hong Kong Hang Seng fell by 0.16%.
The People’s Bank of China (PBOC, the country’s central bank) intends to lower the required reserve ratio (RRR) for banks by 200 points, to 6%, starting from September 15, the regulator said. The decision was made against the backdrop of the fall of the Chinese yuan to its lowest value in two years, writes Trading Economics.
The leaders of the decline are the shares of car dealer Zhongsheng Group Holdings Ltd. (-4.9%), Alibaba Health Information Technology Ltd., which provides services for the collection and use of medical data, (-4.3%) and one of the largest bottled water producers in China, Nongfu Spring Co. Ltd. (-2.6%).
The South Korean Kospi index rose by 0.12% by 08:35 Moscow time.
Shares of one of the world’s largest manufacturers of chips and consumer electronics Samsung Electronics Co. fell by 0.18%, while automaker Hyundai Motor – rose by 0.25%.
The Australian S&P/ASX 200 is down 0.36% since the market opened.
The Reserve Bank of Australia (RBA) raised its key rate by 50 basis points for the fourth time in a row amid efforts to fight inflation, while warning of its readiness to continue tightening monetary policy.
The key rate was raised on Tuesday to 2.35% from 1.85%. Since May, the regulator has increased it by a total of 225 basis points – the highest rate of monetary tightening in almost 30 years, writes MarketWatch.
Consumer confidence in Australia rose 1.3% last week, hitting its highest since early June, according to ANZ Bank’s weekly survey.
Meanwhile, Australia’s current account surplus widened to A$18.3 billion in the second quarter from A$2.8 billion in the same period a year earlier, official statistics showed.
The market value of the world’s largest mining companies BHP and Rio Tinto decreased by 1% and 1.1%, respectively. Rio Tinto has entered into a binding agreement with Turquoise Hill Resources Ltd. about the acquisition of the remaining shares of the copper producer, which it does not already own, Rio Tinto said in a statement.
Kyiv plans to create a Municipal Bank and apply for the withdrawal of the insolvent Sich Bank from the market, Deputy Head of the Kyiv City Military Administration Mykola Povoroznik said.
“The city invests in the bank in order to create on its basis the Municipal Bank of Kyiv for further transformation into a universal financial instrument of the city. The municipal bank is the best and most reliable instrument for project financing and work with international financial organizations by foreign investors-partners to finance the work to restore the infrastructure of the city and the economy as a whole,” Povoroznik was quoted by the press service of the department in a message on the website of the administration.
He noted that the purchase of the Sich bank would make it possible to acquire a financial institution for less money and not wait one and a half to two years to create a new bank.
“For the city, buying an existing bank and turning it into a Municipal bank, as well as maintaining it, will cost a year less than what is currently spent on service fees at other banks,” the deputy head added.
In addition, such a decision will allow saving jobs and fulfilling obligations to the bank’s customers in full, the message says.
Average salary of staff employees (UAH)
State employment center
