Business news from Ukraine

Number of operating stores in Ukraine has slightly increased at beginning of year

17 June , 2024  

The number of operating stores in Ukraine in January-March 2024 exceeded 18 thousand, which is 4% higher than in the first quarter of 2023, said Oleg Klopov, commercial real estate manager of Retail&Development Advisor (RDA) consulting company, at RAU Expo 2024 in Kiev.

“Separately, we should note the return of our partners – international brands. In RECs, where they have restored their work, the growth of traffic in general by 10% was noted. If we talk about regional development, the leader in the fashion category was Sinsay, which opened 38 stores during the war, 35 of which – outside Kiev,” he said.

Speaking about the geography of development of networks, Klopov noted that “the greatest activity of retail chains coincides with the concentration of internally displaced persons.”

At the same time, in the country as a whole, rental rates increased over the year – in shopping centers by 10%, in street retail – up to 20%.

“The growth occurs mainly for locations up to 200 square meters, i.e. such locations, which can afford small chains, actively developing in the regions”, – explained Klopov.

Retail & Development Advisor is a Ukrainian consulting company providing a full range of services in the sphere of retail, office and logistics real estate. real estate. It was founded in 2013. It offers services of development of architectural concept, brokerage in retail, office and logistics real estate, real estate management, outsourcing of RC development/leasing department, market analytics, etc. He has experience of successful cooperation with international and domestic operators such as: Yves Rocher, Metro, New Yorker, LC Waikiki, Adidas, JYSK, Colin’s, Vodafone, Terranova, Crocs, Miniso, EVA, Allo, KOLO, Rozetka, Ukrzoloto, Golden Age Prostor, “Luxoptika”, Intertop, etc.

 

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