International home furnishing chain JYSK on Thursday opened stores updated to the 3.0 concept in Kyiv and Uman, said Country Director of JYSK Ukraine Yevhen Ivanitsa.
“Updating our stores to the JYSK 3.0 format is not just a change in design, but a qualitatively new level of comfort for our customers. We invest not only in space, but also in impressions – we create an atmosphere that inspires to equip a home with Scandinavian coziness. We are confident that these updates will make shopping in Kyiv and Uman even more convenient and every visit to the store a pleasant event,” commented Ivanitsa.
The JYSK 3.0 format provides for an updated approach to store design, with a modern design, improved navigation, full spotlighting and increased space.
In particular, the store located in the April City shopping center (Kyiv, 19A Lesya Kurbasa Ave.) has increased both the sales and warehouse space, which allowed to expand the range of goods and improve logistics processes. The new retail space is 947 square meters, office space is 36 square meters, and warehouse space is 302 square meters. This JYSK store has been operating in Kyiv since 2014, and in November it celebrated its 10th anniversary.
The JYSK store in Uman (31a Velyka Fontanna St.) has increased its warehouse space at the expense of the sales area. The total area of the store is now 878 square meters, including 254 square meters of warehouse space and 47.83 square meters of office space.
Currently, JYSK Ukraine has 104 stores in 37 cities and the online store jysk.ua. JYSK in Ukraine has more than 800 employees.
JYSK is part of the family-owned Lars Larsen Group with more than 3.4 thousand stores in 48 countries.
JYSK’s revenue in the financial year 2023/24 amounted to EUR 5.6 billion.
Kyiv’s Defense Council has allowed traffic on the South Bridge from the left to the right bank, while traffic from the right to the left bank will remain closed for now, and restrictions on traffic during air alert on the Podil Bridge and Darnytsia Railway Bridge will be partially lifted, Kyiv Mayor Vitali Klitschko said.
“After consultations with the military, the Kyiv Defense Council allowed traffic on the South Bridge from the left to the right bank,” Klitschko said, as quoted by the Kyiv City State Administration (KCSA) press service in a Telegram message on Wednesday.
Klitschko noted that traffic on the South Bridge from the right to the left bank will remain closed for the time being, except for emergency services, public transport, military vehicles, and transit freight transport.
According to him, traffic restrictions will also be partially lifted during the air raid alert at the Podilskyi bridge crossing and Darnytskyi railway bridge. Only one lane from the left to the right bank will be closed on these bridges during the air alert.
Thus, traffic will move without restrictions: North Bridge; Metro Bridge; Ovchinnikov Bridge; Paton Bridge. E.O. Paton Bridge; Darnytsia Railway Bridge (except for one lane); Podilskyi Bridge Crossing (except for one lane); and the South Bridge – from the left to the right bank.
The Kyiv Metro has re-announced a tender for the purchase of 50 railcars as part of the Kyiv Urban Transport Modernization II project, funded by a loan from the European Bank for Reconstruction and Development (EBRD), the subway reported.
According to the report, the tender involves the purchase of 10 five-car trains with a free passage between cars (a “tube”), including the supply of spare parts, consumables, equipment and tools for rolling stock maintenance and repair.
The procurement will be conducted in the format of an open tender with prequalification. The deadline for submitting proposals for the first stage is May 2025.
As reported, the first similar tender in August 2023 was won by Kryukiv Carriage Works (KVSZ), which offered 10 trains for EUR79.2 million (including VAT), which was 37% cheaper than the offer of the second participant, Czech Skoda.
KVSZ proposed a 97-meter-long metro train with an asynchronous traction drive with three motorized and two trailed non-motorized cars, with domestic-made bogies, with a total passenger capacity of 1,650 people.
However, in November of the same year, Kyiv Metro canceled its decision to award the contract to KVSZ, and the carriage plant, in turn, tried to appeal the decision in the Kyiv Commercial Court, but to no avail.
The court’s decision dismissing KVSZ’s claim came into force in November 2024.
According to the court materials, Kyiv justified the decision to cancel the award of the contract by the fact that KVSZ tried to replace the supplier of the main equipment (in particular, control systems, traction power and equipment, traction gearboxes, subway control system) from the Spanish CAF (which was agreed with the EBRD) to a Polish or Japanese company.
At the same time, KVSZ pointed out that the change of supplier was due to the fact that CAF refused to supply the plant with equipment due to the workload of production lines. However, Metro refused to replace the supplier because it contradicted the terms of the tender.
As reported, in February 2021, the EBRD and Kyiv Metro signed a EUR 50 million loan agreement for the purchase of 50 new subway cars.
The subway trains are to be purchased for the Syretsko-Pecherska subway line towards the Vynohradar residential area, which will be resumed in 2024.
According to the Kyiv Metro, its inventory fleet currently includes more than 830 cars. At the same time, about 100 railcars will soon reach the end of their service life.
The volume of new supply planned for commissioning in the warehouse real estate market of the capital in 2025 is 250 thousand sq. m., the current volume of preliminary transactions in future facilities – about 55%, follows from the research of CBRE Ukraine.
According to the report, of the total volume of future logistics space, 87% falls on the speculative market, 13% – for the needs of owners.
“The use of warehouses for their own needs will further contribute to the market recovery, as tenants looking for large areas are increasingly favoring build-to-suit solutions or buying damaged/destroyed warehouses for further reconstruction. Thus, some of these facilities will present profitable opportunities for sale and leaseback during the active phase of post-war reconstruction”, – says Natalia Sokirko, Head of Warehouse and Logistics Real Estate Department of CBRE Ukraine.
It is noted that the current rate of previous lease transactions significantly exceeds the historical market indicators – 55% against the traditional 10-20%. The vacancy rate in the market is 3.1%, but stable demand from tenants and a significant volume of previous
lease transactions continue to put pressure on the vacancy rate.
“Although some tenants have realized previously postponed expansion or relocation plans by leasing new facilities, the release of space has not led to an increase in vacancy, as high re-take activity keeps it low,” the company informs.
At the same time, the warehouse market will continue to be affected by high energy costs, currency fluctuations and labor shortages, Sokirko stressed.
As reported, in 2024, the volume of new supply in the warehouse market of Kiev increased by 79 thousand square meters. m.
CBRE, headquartered in Dallas (USA), is the world’s largest consulting and investment company in the field of commercial real estate, whose revenue in 2024 amounted to $35.8 billion. Shares of CBRE Group Inc. are traded on the New York Stock Exchange.
CBRE’s Ukrainian office was opened in January 2008 and is part of the company’s affiliate network. In 2023, the Ukrainian office expanded its presence in Moldova under the CBRE Moldova brand.
On Sunday, March 9, there will be no precipitation in Ukraine, with fog in the eastern regions at night and in the morning, the Ukrainian Weather Center reports.
Southeast wind, 5-10 m/s. Temperature at night from 3° C to 2° C, during the day 13-18° C, on the coast 7-12°.
In Kyiv, the temperature will be 1-3° Celsius at night and 16-18° Celsius during the day.
According to the Borys Sreznevsky Central Geophysical Observatory. Over the entire period of meteorological observations in Kyiv, the highest temperature on March 9 was +17.3° in 1920, and the lowest was -20.0° in 1915.
On Monday, March 10, there was no precipitation in Ukraine. In the southern part of the country there will be fog at night and in the morning. Southeast wind, 5-10 m / s, in the Carpathians during the day gusts of 15-20 m / s in some places. The temperature will be 0-5° C at night, 13-18° C during the day, 7-12° C on the coast.
In Kyiv, the temperature will be 3-5°C at night and 16-18°C during the day.
The vacancy rate in the capital’s shopping centers amounted to 13.1% in 2024, down from 16.3% in 2023, with rents approaching pre-war levels, the press service of the Ukrainian Trade Guild (UTG) reports.
The highest vacancy rate in 2024 was characteristic of the regional (15.1%) and district (15.2%) formats and was concentrated mainly in four facilities: Blockbuster Mall, Marmalade, Promenada Center and Art Mall.
According to UTG experts, typical rental rates in Ukrainian shopping centers are gradually approaching pre-war levels. In December 2024, the average rental rates for shopping gallery stores with an area of 50-200 sq m amounted to $22.1/sq m. In December 2021, they were $22.8 per square meter, in 2022 they fell to $18.7, and slightly increased to $19.1 in 2023.
In December 2024, fixed monthly rental rates per square meter, excluding interest on retail turnover, VAT and operating expenses in the capital’s shopping centers amounted to: for kiosks with an area of 1-10 sq. m – from $70 to $250; for restaurants and cafes – $1-15; for children’s entertainment centers – $1-6; for cinemas – $1-4; for clothing department stores with an area of 600-1500 sq m – $1 to $18; for fashion galleries with an area of 100-200 sq m – $1-$32; for electronics supermarkets – $1 to $8; and for grocery supermarkets – $1 to $15.
UTG was founded in 2001. It has developed more than 1.3 thousand real estate concepts. Over the years, the company has leased 4.7 million square meters of commercial space in Ukraine.
