Business news from Ukraine

NEW RESIDENTIAL CONSTRUCTION IN UKRAINE DOUBLES IN Q1 2019

17 June , 2019  

The total area of new residential and nonresidential buildings as of the start of their construction in January-March 2019 grew 1.9-fold year-over-year, to 2.7 million square meters. According to the report, the total area of apartment buildings in Q1 2019 was 2.662 million square meters (97% of the total volume), single-apartment buildings – 56,500 square meters and dormitories – 18,200 square meters.
The total area of new residential buildings at the beginning of construction in Kyiv grew 3.3-fold in Q1 2019, to 1.1 million square meters, while in Kyiv region the growth was small, to 220,000 square meters (212,000 square meters in 2018).
According to statistical data, the growth in the volume of new housing construction was also recorded in Lviv (3.2 times, to 377,900 square meters), Odesa (1.7 times, to 376,400 square meters), Kharkiv (1.6 times, to 231,300 square meters) and other regions.

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