Ukraine will take part in the traditional four-day format of the international real estate exhibition MIPIM in Cannes on March 15-18 in 2022, but will not present its stand at the MIPIM September Edition event this autumn. “After discussion with the partners, we came to the conclusion that collective participation with a stand and planned promotions for Ukraine is advisable within the framework of the usual four-day program. After several reschedules in 2020-2021, we decided to focus on preparing for MIPIM 2022,” Invest in Projects agency said, citing initiator and co-organizer of the Ukrainian delegation to MIPIM Anna Nestulia.
According to her, the autumn event for the exhibition partners will be held in a hybrid format.
As reported, the MIPIM exhibition was supposed to take place on March 10-13, 2020, however, the organizers decided to change the date due to the growing coronavirus epidemic to March 15-18, 2022.
Ukraine at MIPIM 2020 planned to present for the first time, in addition to Kyiv, a separate stand of regional projects.
The participants from the country are UDP, Altis Holding, DELTA Ukraine, Mandarin Plaza Group, Invest in Projects, TK Property Management, Intergal Bud, Dragon Capital, Midland Development, Toronto-Kyiv, and Promprylad.Renovation. A separate stand was prepared by City One Development.
Traditionally, the Ukrainian delegation at MIPIM is supported by the Ukrainian Embassy in France and the top officials of the city and state institutions.
MIPIM is the leading European investment exhibition for all sectors of the international real estate market, which annually brings together more than 20,000 key players in the real estate market. Government representatives, developers, consultants and architects also participate in MIPIM.
The volume of investments in real estate in Kyiv amounted to the equivalent of $30.7 million in May 2021, which is 12% more than in April of the same year, Director of Blagovist Real Estate Agency (Kyiv) Olena Biberova told Interfax-Ukraine.
“The market for the sale and purchase of real estate in Kyiv continues to demonstrate activity. Supply and demand are balanced. At the same time, the new supply that appears on the market is more expensive [by 10-15%] than similar properties that were put up for sale earlier,” she said.
According to Biberova, the most affordable option purchased in May was a one-room apartment of 28 square meters on Novhorodska Street (Solomiansky district), which was bought for $25,000. The most expensive property sold in May was a house with an area of 610 square meters in Lisnyky village (Kyiv-Sviatoshynsky district) purchased for $1 million.
According to the real estate agency, the segment up to $50,000 in May took 14% of the total number of transactions. These were mainly deals with one-, two-room apartments. For example, a one-room apartment of 32 square meters on Bastionna Street (Pechersky district) was bought for $45,000 and a one-room apartment with an area of 41 square meters on Radchenka Street (Solomiansky district) – for $50,000. House with an area of 60 square meters and with a land plot of 21 acres in Vytachiv village (Obukhiv district) was bought for $42,000.
In the segment from $50,000 to $100,000, some 45% of transactions were carried out. It is dominated by two, three-room apartments in Solomiansky, Podilsky, Darnytsky districts of Kyiv in new buildings (residential complexes Quartet, Fayna Town, etc.).
On Hnata Yury Street (Sviatoshynsky district) a two-room apartment with an area of 53 square meters was bought for $52,000, on Academician Williams Street (Holosiyivsky district, residential complex Liko-Hrad) a one-room apartment with an area of 46 square meters was bought for $70,000; and on Kudriashova Street (Solomiansky district) a one-room apartment with an area of 46 square meters was bought for $100,000.
According to Biberova, the price category from $100,000 to $250,000 in May was 35%. The favorites in this category were objects in new houses in Holosiyivsky and Pechersky districts. For example, a one-room apartment with an area of 45 square meters was sold for $102,000 on Bulvarno-Kudriavska Street (Shevchenkivsky district, residential complex Yaroslaviv Hrad), a two-room apartment with an area of 70 square meters on Yevhena Konovaltsia Street (Pechersky district) was sold for $182,000, and a three-room apartment with an area of 110 square meters on Yevhena Konovaltsia Street (Pechersky district) was sold for $245,000. House with an area of 250 square meters in Hatne village (Kyiv-Sviatoshynsky district) was bought for $160,000.
The price category from $250,000 in May is represented by 6% of the total volume of transactions. On Panasa Myrnoho Street (Pechersky district) a five-room apartment with an area of 180 square meters was bought for $262,000. A four-room apartment with an area of 190 square meters on Heroes of Stalingrad Street (Obolonsky district) was bought for $310,000. Non-residential premises with an area of 84 square meters on Mykhaila Drahomyrova Street (Pechersky district) were bought for $775,000.
Blagovist Real Estate Agency, part of the First Realty Group corporation, was established in 1993.
Today, there are eight agency offices in Kyiv, with which about 500 professional real estate consultants cooperate.
The total supply of Kyiv’s office real estate market in 2020 increased by 7.7% compared to the previous year and reached 2.147 million square meters, and this year, 200,000 square meters have been announced for commissioning, according to the press service of Colliers Ukraine. As noted in the report “Offices. 2020,” in early 2020, developers announced the commissioning of more than 230,000 square meters in Kyiv of office space during the year.
“Development activity, for the most part, did not stop despite the pandemic. As in previous years, some projects were not commissioned on time and postponed to subsequent periods. The actual new supply amounted to 155,000 square meters,” the report said.
At the same time, it is noted that the volume of absorption amounted to 60,000 square meters.
Grade A offices were replenished with a total of 28,300 square meters: business center M8 (8 Moskovska Street, 11,000 square meters), business center Grand (98 Velyka Vasylkivska Street, 8,800 square meters) and business center Hillfort (12 Mykhailivska Street, 8,500 square meters). The new supply in Grade B offices amounted to 126,600 square meters, the largest of them – business center Platform (3 Krolenkivska Street, 19,800 square meters) and business center Avenue 53 (53 Prospect Peremohy, 16,700 square meters).
According to developers, new business centers with a combined lease area approximately 200,000 square meters are expected to be commissioned in 2021. In total, projects with a total area of approximately 350,000 square meters are currently under construction with the prospect of commissioning in a few years, according to developers.
Colliers Ukraine in the report cites some of the objects that are being prepared for opening in 2021: Grade A offices are represented by the first phase of business center MAG.NETT (137-139 Velyka Vasylkivska Street, 44,000 square meters), and Grade B offices – business center LUWR (2/10 Illienka Street, 27,000 square meters), business center at 23 Olenivska Street (21,000 square meters), and business center UNIT.City – B15 (3 Dorohozhytska Street, 7,500 square meters).
“Due to the need for social distancing, employee seating density in the workspace will decrease. As a consequence, emphasis on the formation of new office spaces will shift towards an increase. We can predict that the office segment will continue to develop. In all probability, office space will not be reduced but transformed,” Managing Director of Colliers Ukraine Oleksandr Nosachenko said.
Colliers International is a leading diversified professional services provider, including investment management in commercial real estate. The company’s offices are represented in 67 countries of the world.
At 14:00 Kyiv time on Friday, November 29, the MaxEvents Educational Center at 51/1a Vasylia Tiutiunnyka Street (formerly Henri Barbusse Street), Office 112 (French Quarter Apartment Complex) will host a lecture by unique motivation coach Alexei Gusev on the topic “Real Estate Agent’s Growth Zones. Brief Highlights.” The event will be held with the support of the RED Community.
It is a secret to no one that a person needs to constantly develop to succeed in life.
At the workshop and lecture by Alexei Gusev, you will learn:
1. About the main trends in economics, technology, psychology over the past decade.
2. What changes constantly and what remains unchanged.
3. Who is an expert in the real estate market and why one needs to build up expertise.
4. About the strength of a real estate agent’s personal brand.
5. About basic steps to develop a brand.
6. A real estate agent is a networker. How to do networking with other people?
7. About ways to keep a client for good? Where is your money?
8. How to constantly be useful and do good to your customers?
9. How to charge with positive emotions and make other people happy.
10. About 5 basic things for professional growth of a real estate agent.
11. About books to read in the coming year. Professional advice on personal and business development.
Invest in your own and your employees’ development – this is the best investment!
Alexei Gusev is the best business coach of the Russian real estate market of the year according to CREDO. He works in all CIS countries. Candidate of Sciences in Pedagogy. Head of the Real Estate Management Institute “REALIST”. He has practical experience in the field of real estate since 1997, has succeeded in more than 500 real estate deals, conducted more than 3,000 training sessions and workshops. In 2003-2005, he worked as Rector of St. Petersburg Real Estate Institute; in 2006-2007, he was Deputy Head of the State Institute of Real Estate, St. Petersburg. Among his clients are public organizations of the real estate market from different countries.
Time: November 29, 2019 (Friday, November 29).
Agenda:
14:00 – 15:30: Part 1
15:30 – 16:00: Coffee break
16:00 – 17:30: Part 2
Venue: Kyiv’s Palats Ukrayina metro station, MaxEvents Educational Center, 51/1a Vasylia Tiutiunnyka Street (formerly Henri Barbusse Street), Office 112 (French Quarter Apartment Complex).
To register and buy tickets, please call: +38 (095) 787 7 787.
The price of a ticket is UAH 1,000 with a 10% discount for RED Community members.
www.maxevents.info
The total supply in the commercial real estate market will reach 633,000 square meters by 2020, which is 1.5 times more than now, expert in the field of commercial real estate Ihor Zabolotsky has said. “At the end of 2018, the vacancy rate dropped to 3.8%. This is an extremely low level not only for Ukraine, but also for the world. In 2017 there were practically no new projects, 8,000 square meters were commissioned. This year the figure is more significant: taking into account those objects that are to open in December 2018, the figure will reach 85,000 square meters. But these are mostly small objects with an area of 10,000-20,000 square meters, and the appearance of each of them could not affect the market as a whole. The total supply over the next two years could exceed 600,000 square meters. The total stock might increase by more than 1.5 times,” Zabolotsky said at a press conference in the Interfax-Ukraine agency.
In particular, he noted that the opening of the River Mall shopping center is scheduled for the second quarter of 2019 and the Retroville trade center for the third quarter of 2019, as well as the opening of the Blockbuster shopping center was postponed to February 2019. According to the expert, the success of the projects will be determined not by the level of rental rates, but by the purchasing capacity of the population in 2019.
Research and Markets Ltd. has made a list of leading elite real estate agencies from Kyiv out of 280-300, which are operating on the real estate market in the city, according to the company’s data.
According to a report of Research and Markets on the Business Wire website, the top 10 agencies includes Blagovist, Park Lane, Lipki, Lux-Estate, IDGroup Premium Real Estate Brokerage&Investing, The House, Kiev Standard, Elit Realty and Colliers International
The company said that some 280-300 companies are operating on the Kyiv real estate market, including consulting companies, and the number of employees reaches 4,000-5,000 people.
According to the study, average price in the premium real estate segment in Kyiv in 2017 was $2,600 per square meter.
“In 2018, prices could rise by 2-3%, which will not affect the overall picture of the real estate market in Kyiv,” the company analysts said.
AGENCIES, ELITE, LIST, REAL ESTATE, RESEARCH AND MARKETS, TOP 10
