Business news from Ukraine

Business news from Ukraine

Demand for purchase of housing in Kyiv increased by 45%

Demand for rental housing in the capital in August increased by 30-40% compared to the previous month, for the purchase of residential real estate by 45%, the press service of the Park Lane real estate agency reported.
“We are seeing a significant increase in demand, as pent-up demand has formed over the past six months, which is now being realized. Autumn has always been an active season, and this year, despite the circumstances, we see activity in the market,” explains Victoria Barabash, CEO of Park Lane Academy of Sciences, the words of which are given in the press release.
According to her, demand is affected by the return to the capital of those who previously temporarily left Kyiv due to Russia’s military invasion of Ukraine.
“The number of calls and transactions in the rental market has reached pre-war levels,” Barabash said.
Demand in the rental market is observed mainly for apartments in different districts of the capital costing 10-20 thousand UAH. The most popular are 1-3-room apartments with an area of ​​45-70 sq. m.
“Requests of tenants have not changed significantly compared to the pre-war period. The greatest interest is still in apartments in new buildings, most often with their own territory, parking. Also, a certain percentage of tenants are interested in apartments in early construction houses. However, the main selection criterion is high-quality repairs and comfort of living,” Barabash clarifies.
If we talk about buying a home, the most active demand is for 1-3-room renovated apartments. About 70%, as at the end of 2021, falls on housing in new buildings. Most buyers are interested in Pechersky, Solomensky, Shevchenkovsky, Goloseevsky, Darnitsky districts, according to a press release.
“We are seeing an increase in demand, an increase in the number of applications, starting from the beginning of August. Regarding the level of discounts, they are exclusively individual and depend on the situation of the owner and his willingness to discount,” Barabash states.
In her opinion, the dynamics of demand makes it possible to talk about optimistic forecasts for the market and the activity of the autumn season.
The Park Lane real estate agency was registered in Ukraine in 2006 and is part of the First Realty Group corporation.

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From September 1, catering in Kyiv will be able to work until 22:00

From September 1, catering establishments in Kyiv will be able to operate no later than until 22:00, the relevant decision was made by the Defense Council of the city of Kyiv, the press service of the Kyiv city military administration reported.
The KSCA stressed that at 23:00 a curfew begins to operate in the capital, which must be strictly observed so as not to create conflict situations with law enforcement and defense forces and not endanger yourself and other citizens.
The curfew in the capital operates from 23:00 to 05:00. At this time, it is forbidden to be on the street and other public places, to travel by transport without a pass or on foot. You can only go out during the air raid – to reach the nearest shelter. Be sure to carry identification documents with you.

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Kyiv imposed ban on mass events from 22 to 25 August

Holding mass events in Kyiv from August 22 to 25 is prohibited due to the high probability of rocket attacks on the city by Russian invaders, according to the order of the head of the military administration of the city Nikolai Zhirnov.
“From August 22 to 25, to prohibit the holding of mass events, peaceful meetings, rallies and other events related to a large gathering of people,” the document says.
It also contains an appeal to the local authorities of Kyiv with a request to involve the minimum necessary number of people in ensuring the life of the city during this period. For more information about the analysis and announcement of future events, see the video reviews of the Club of Experts on YouTube

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Actress and producer Jessica Chastain arrived in Kyiv

American actress Jessica Chastain arrived in Kyiv on Sunday, where she visited the Okhmatdet children’s hospital, Suspilnoye reports, citing its own correspondents.
It is noted that in addition to a visit to the hospital, Chastain also plans to travel to Irpen, as well as meet with President of Ukraine Volodymyr Zelensky and head of the President’s Office Andriy Yermak.
Jessica Chastain is an American actress and producer. Known for roles in the TV series “Dark Shadows”, the films “Interstellar”, “The Martian”, “Crimson Peak”, “People Isk: Dark Phoenix”, “Eyes of Tammy Fay” and others. She has already spoken publicly in support of Ukraine in connection with the invasion RF.
In 2012, the actress was included in Time magazine’s annual list of the 100 most influential people of the year. Chastain won an Oscar in 2022 for her performance as Tammy Faye in The Eyes of Tammy Faye.

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POPE FRANCIS WOULD LIKE TO VISIT KYIV AND MOSCOW

Pope Francis would like to visit Kyiv and Moscow after his trip to Canada, which is scheduled for the end of July.
In an interview with Reuters, Francis said that first of all he would like to visit Moscow in order to serve the “cause of peace” and persuade the Russian leadership to end the war against Ukraine.
“I would like to go (to Ukraine), and I wanted to go to Moscow first. We exchanged messages about this because I thought that if the Russian president gave me a small window to serve the cause of peace. The first thing is to go to Russia to try to help in some way, but I would like to go to both capitals,” the Pope said.

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UKRAINE PROPOSED TO ESTABLISH RECOVERY OFFICES IN PARTNER COUNTRIES WITH HEAD OFFICE IN KYIV

Ukraine proposes to create recovery offices in partner countries with a head office in Kyiv, Prime Minister Denys Shmygal said.
“The key principle that the President of Ukraine proposed when considering a future recovery plan is the principle of regional responsibility of our partners for the regions, cities in Ukraine. There are already some countries that have chosen recovery priorities for themselves. We urge others to join the process,” Shmygalya quoted press service of the government on the results of a video conference with the ambassadors of the Great Semka (G7), Switzerland and heads of international organizations.
The prime minister noted that, in addition to the regional approach, a parametric approach to the country’s restoration will be considered.
Among other things, the key principles of the recovery plan, according to him, should be the principle of security, the rule of law, transparency, fair transformation, green recovery, digitalization, inclusiveness, barrier-free, favorable investment climate, business development in Ukraine.
“The restoration of Ukraine is a process that requires a lot of effort. Not only financial, but also the efforts of many companies. Therefore, we expect large projects in the field of public-private partnership. We expect that foreign companies will come to Ukraine, create jobs here and pay taxes. We will offer the best conditions for companies to stay and continue their work in Ukraine even after the resumption,” Shmyhal stressed.
The prime minister noted that the key source of renewal of Ukraine should be the confiscated assets of Russia and Russian oligarchs.
“In addition, it can be preferential loans from partners, international financial organizations, banks. Another source, according to him, can be grant support and individual contributions. For this, the United24 platform was created,” the message says.
In addition, according to Shmyhal, Ukraine proposes to create recovery offices in partner countries with a head office in Kyiv.

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