Business news from Ukraine

Ukrainian Space Agency suggested that meteorite fell near Kiev in evening

The Main Special Control Center of the State Space Agency of Ukraine called the flash over Kiev on Wednesday night a “high-energy acoustic event” and suggested that a meteorite had fallen.
“On April 19, 2023 at 21:57 Kiev time by infrasound means of the SCSC on the territory of Ukraine recorded a high-energy acoustic event. The calculated place of the epicenter of the explosion is in the Kiev region,” – said in a message on the page of the Center in Facebook.
Scientists suggested that the event is associated with the entry of a space body in the dense layers of the atmosphere. The Center added that the information is being clarified.

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Kiev city administration cannot yet accurately explain cause of bright flash in sky in Kiev last night

The Kiev City Military Administration (KCMA) explained yesterday’s report about the probable fall of an American satellite by seeking to calm residents and guests of the capital agitated by a bright glow of incomprehensible origin.
“A very bright glow from the fall of an unknown object caused excitement and anxiety among Kiev residents. To reassure residents and guests of the capital, the Kiev city military administration released information about the probable fall of an American satellite and marked “preliminary information,” said in a statement by KGVA chief Sergei Popko in a telegram channel on Thursday.
Around 22:00 hours on April 19, an unknown air object was recorded falling in the sky within Kiev. “After checking and clarification, the information about the probable use of enemy aircraft or air strike with missile weapons was not confirmed,” the report said.
However, as noted, “at the time there was no data or warnings of a possible re-entry of a significant-sized space body into the Earth’s atmosphere from any global aerospace agency or astronomical observatory. However, there was a warning from NASA about their space satellite falling to Earth. Now, after an official statement from NASA, we can give clarified information – it was not their satellite.”
“What exactly it was – it is up to specialists to find out. But the most important thing is the safety of Kiev and the calmness of the people of Kiev. It was not a rocket attack, our air defense did not use available weapons,” Popko concluded.

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Peak floods in Kiev expected in 5 days

The peak of the spring floods in the capital is expected by the end of April, tentatively – on April 22, the press service of the Kiev state city administration said.
“According to the Ukrhydrometeocenter, the peak of the spring floods in Kiev is tentatively expected on April 22,” said in a message in the Telegram channel on Monday.
It is noted that in the capital there is waterlogging of the territories of the island of Muromets Park, Gidropark, Trukhanov Island, Galerny Bay, Korchevatoe, private areas in the area of Osokorki.
The water level in 2023 is 0,5-1 m higher than last year.
The main reason for the floods is the spring flooding and regular precipitation in recent times, which led to an increase in water in the rivers.
“In addition, the level of the Dnieper in Kiev has always been regulated by the cascade of Dnieper hydropower plants. Unfortunately, to date, Kakhovskaya HPP does not work in full technological mode, so the other dams are trying to adjust this situation,” – noted in the message.
According to Ukrhydrometocenter, as of 12:00 on Monday, the water level in the Dnieper is 9,359 cm (the critical level – 9,415 cm) according to the Baltic system of heights.
“There is still 50-60 cm to the critical water level. We understand that the water can reach this level, so we conduct additional training of civil protection forces, rescuers and all services that may be involved in providing assistance to residents,” notes Roman Tkachuk, director of the Department of Municipal Safety of the Kyiv City State Administration.
Cases where the consequences of flooding caused damage to property or other damage to businesses will be considered in the work of the district commissions of technogenic and environmental safety and emergencies.

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“Dobrobut” has opened multidisciplinary hospital on left bank of Kiev

Dobrobut” medical network has opened a clinic on the left bank of Kiev in the building where “Boris” clinic used to be located.
As Igor Mazepa, co-owner of Dobrobut, reported on his Facebook page, the area of the 8-storey clinic after the reconstruction amounted to 10 thousand square meters.
“We had been planning this opening for two years, but first covid-19, then the war, made adjustments to our ambitious plans. But in spite of everything, we opened a new multi-profile hospital “Dobrobut” on the left bank of Kiev,” Mazepa wrote.

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Prices for new buildings in Lviv rose by 82.7%, in Kiev by 36.1% – M4U

More than 70% of construction sites in Kiev, Lviv and Odessa continue to work, prices for the year increased in the capital by 36.1%, in Odessa by 48.4%, in Lviv by 82.7%, said the founder of M4U Vladimir Danilenko to the agency “Interfax-Ukraine”.
“During the year of war in Ukraine, real estate markets in most major cities continued to grow. The cost per square meter rose during the year in line with rising production costs, the devaluation of the hryvnia and the distance from the front line. In October 2022 the tendency has changed: the prices in Lviv continue to grow, in Kiev and Odessa have stabilized”, – said Danylenko.
According to M4U, the number of active construction in the capital today is 83.7% of the beginning of February 2022 – 185 of 221 housing estates.
At the beginning of February 2023 the average price per square meter in new buildings in Kiev was 61 thousand 234 UAH. This is 36.1% higher than it was before the Russian invasion of Ukraine, but 1.2% lower than in January. Prices were rising most actively in the summer, when most sales departments resumed their work and when the official dollar exchange rate went up. From June to September the average cost per square meter increased by 26.7%.
“Today the pace of construction work is much lower than before the war, so it does not make sense and possible for developers to often recalculate the cost of construction. Market factors for price increases are also absent,” Danilenko explains.
According to the study of M4U, the largest increase in the cost per square meter was noted in the segments of elite (+46.1%) and economy (+44.3%). The price increase in popular among buyers classes of comfort and business was 35.5% and 34.4%, respectively.
At the beginning of February 2023 the majority of real estate offers are concentrated in the price range from 34 to 54 thousand UAH/sq. m, comfort class objects prevail among them.
Traditionally the biggest number of actively built and sold new buildings, as well as apartment offers, is in Holosiivskyi district of Kiev. More than a half of them (16 out of 29 Residential Complexes) are the objects of comfort class. The second largest volume of construction is in Pechersk district, where 15 out of 26 housing estates are positioned in business class, the rest – the elite. In Shevchenkivskyi district of Kiev 24 residential complexes are under construction, most of which belong to business class. Fewer new homes are being built in Obolonskyi (11 LC) and Desnianskyi (10 LC) districts. At the same time the supply of new apartments in Desniansky district is twice as much as in Obolonsky, there is more housing in the economy class housing.
In the Kiev region at the beginning of February 2023, 204 out of 263 construction sites resumed their work a year ago (77.5%). A square meter in the suburbs of the capital on average has risen by 34.1%, to 31 844 UAH. As in the capital, the most active price increase occurred in summer, from October to February prices remained practically unchanged.
In contrast to the capital, the prices for new buildings of the comfort class rose more substantially – by 33%, to 29,992 UAH. Apartments in new buildings of economy and business classes rose in price by 30% and 30.1%, respectively. The price increase in objects, positioned in the elite class, was 28%.
Most proposals of the capital region belong to comfort and business classes, price range is 26-32 thousand UAH.
Most of the objects are built and sold in Irpen (41 LC), Sofievskaya Borschagivka (17 LC), Brovary, Gostomel (13 LC) and Bucha (12 LC). By volume of apartments for sale are leaders in Sofievskaya Borschagivka and Brovary, a few less proposals in Kryukivschyna, Irpen, Bucha.
In Lviv and the Lviv region the number of new buildings in active construction and sales is now the same as it was before the Russian invasion – 218, during the year this figure has changed slightly.
The average price per square meter for the year increased by 82.7%, to 45 706 UAH.
The majority of objects in Lviv are in the price range from 24 to 34 thousand UAH, in the structure of supply the comfort class dominates.
Thus, according to the study of M4U, the greatest price dynamics is observed in the business class, where the cost per square meter for the year increased more than twice, by 109%. In the economy segment, prices rose by 66.7%, comfort by 60.3%, and elite by 58.7%.
The largest amount of apartments in new buildings are in Shevchenkivskyi (35 LCD) and Sikhivskyi (32 LCD) areas.
In Odessa and the region a square meter in new buildings during the year of war increased by an average of 48.4%. Here are active 131 out of 180 construction sites before the war (72.8%).
Prices, like in other regions, were rising during the summer, in October the growth stopped, and in December there is even a decrease in prices, an average of 2.3% for two months.
Over the year a square meter more expensive in the segments of economy and elite – 59% and 57%, respectively. The average price increase in new buildings in the comfort class was 46.1%.
“The most interesting dynamics is in the business class: during the year the cost per square meter increased by an average of 39.5%, but it is in this class we observe the largest price decrease during September 2022 – February 2023, which was 5.1%,” – said Danylenko.
The majority of proposals in Odessa new buildings are in comfort and business segments in the price range of 24-38 thousand UAH.
The leader by the number of new buildings is Primorsky district, where now the apartments are sold in 30 residential complexes, of which 16 are positioned in the elite class. In Kievsky district 25 Residential Complexes are under active construction, 12 of which belong to comfort class.
Founded in February 2020, Ukrainian proptech company M4U specializes in the development and implementation of complex intelligent solutions in real estate development.

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“Arctic” logistics complex near Kiev sold for 200 mln UAH

OVL Properties LLC (Kyiv), created in January 2023, has bought the logistics complex Arktika in village Kryukivschyna (Kyiv region) for 200.5 million UAH at an auction in OpenMarket system (SE “Setam”).
According to the data in the OpenMarket system, a single property complex with a total area of 21.4 thousand square meters and a land plot of 4.9 hectares were under arrest and were put up for sale to recover debts from its owner.
According to the court materials, the owner of the complex BCT (Kiev) is debtor Dragon Capital Investments Limited (Cyprus), the amount of obligations is $7.2 million (UAH 190.1 million).
Dragon Capital Investments LLC and Inter Wei Capital LLC also took part in the auction on January 26.
According to Opendatabot, the founder of LLC “OVL Property” created a week before the auction is Elena Levshun.
As reported, in February 2019, Dragon Capital completed the acquisition of the Class A logistics complex “Arctic” owned by the state-owned Oschadbank with a total area of 21.5 thousand square meters near Kiev through its subsidiary “BCT”. Oschadbank sold “Arctic” in November 2018 on the electronic bidding platform OpenMarket state enterprise SETAM for 195 million UAH.
Later in 2021, Ukrainian businessman Yuri Kosyuk’s MHP agroholding rented a logistics center and opened its own Culinary Center there
Dragon Capital is one of the largest investment and financial services groups in Ukraine, providing a full range of investment banking and brokerage services, private equity, asset management for institutional, corporate and private clients. The company was founded in 2000 in Kiev. One of the key activities of Dragon Capital are investments in the real estate market.

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