Business news from Ukraine

Business news from Ukraine

PrivatBank Has Listed “Dnipro-Arena” for Sale Again for 140.7 mln UAH

PrivatBank has listed the “Dnipro-Arena” stadium and a training facility in Dnipro for an open auction on the “Prozorro.Sales” platform with a starting price of 140.7 million UAH, excluding VAT, the financial institution’s press service reported.

The auction will take place on October 6 in a three-round English auction format. The security deposit is 7.04 million UAH.
The lot includes a stadium with a total area of 15,950 square meters, a training complex covering 13,060 square meters, and a separate indoor soccer field measuring 7,470 square meters.

“Dnipro Arena” has a capacity of approximately 31,000 spectators, a VIP box with 296 seats, a restaurant with 550 seats, a 105×68-meter soccer field with underfloor heating and automatic irrigation, and parking lots for buses and cars.
The training complex includes four natural-turf fields, three outdoor fields with artificial turf, an indoor field with stands seating 506 people, a cottage village, a dormitory, a medical and rehabilitation center, a swimming pool, a gym, and other infrastructure.

The land plots on which the facilities are located are municipally owned; PrivatBank uses some of them under lease agreements, and the right to use one plot is currently being formalized.
The transfer of the property to the buyer is contingent upon receiving approval from the Antimonopoly Committee of Ukraine (AMCU) for the concentration or a conclusion that such approval is not required, and upon full payment for the property.

Persons subject to sanctions, associated with jurisdictions posing an unacceptably high risk, or involved in corruption offenses, terrorist financing, or money laundering are not permitted to participate in the auction.
Restrictions also apply to companies with opaque ownership structures in offshore jurisdictions, as well as individuals affiliated with oligarchs, former executives, or owners of PrivatBank.

As previously reported, PrivatBank last attempted to sell this complex in the fall of 2025, but the auction scheduled for October 30 did not take place due to a lack of bids. The starting price was 150 million UAH.
After that, the bank tried to lease out “Dnipro-Arena” and the training facility, but the January 2026 auction also did not take place due to a lack of participants. The starting rent was 2.7 million UAH per month, including VAT.

PrivatBank is Ukraine’s largest bank. According to the National Bank, the financial institution’s total assets as of August 1, 2026, amounted to 979.31 billion UAH (22.7% of the total).

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In Latvia, proposal has been made to eliminate option of obtaining residence permit through investment of 150,000 euros

According to the Relocation project, members of the Latvian “Progressive” Party have submitted a bill to the Saeima to abolish the option of obtaining a temporary residence permit through investments of at least 150,000 euros in a state-run alternative investment fund.

Bill No. 1521/Lp14 was introduced on September 3, and on September 10, the Saeima voted 65 to 17 to refer it to parliamentary committees for review.

The new Immigration Act, which takes effect on September 15, 2026, allows a foreign national to obtain a temporary residence permit for up to five years, provided they invest at least 150,000 euros for a period of at least five years through a state-established alternative investment fund manager. Additionally, the investor must transfer 10,000 euros to the state budget.

The “Progressives”’ proposal calls for removing this provision from the law. The authors of the initiative explain their position by citing risks related to national security, anti-money laundering, compliance with sanctions regimes, and the country’s international reputation. This is the position of the bill’s sponsors, not a decision already adopted by the Saeima.

At the same time, the bill does not abolish another investment mechanism for obtaining a residence permit—through an investment in the capital of a Latvian company. Under current law, a foreign investor may apply for a temporary residence permit, specifically, by making an investment of 50,000 euros in a company with up to 50 employees and an annual turnover or balance sheet total of up to 10 million euros, or an investment of 100,000 euros in a larger company. An initial fee of 10,000 euros payable to the state budget is also required upon initial application.

The new Immigration Law was adopted by the Saeima on August 20 and entered into force on September 15, 2026. It replaced the previous regulations governing investment-based residence permits and, in particular, eliminated the previously used grounds related to real estate purchases and subordinated bank deposits.

The fund mechanism was included in the new law following lengthy discussions in the Saeima. In June, Latvian President Edgars Rinkēvičs returned the law to parliament for reconsideration and specifically drew attention to the provision allowing the issuance of a residence permit in exchange for an investment of 150,000 euros in an alternative investment fund and a contribution of 10,000 euros to the budget.

For now, this is only a legislative proposal. To eliminate the investment-based residence permit, the amendments must undergo further review and be adopted by the Saeima.

https://relocation.com.ua/in-latvia-a-proposal-has-been-made-to-eliminate-the-option-of-obtaining-a-residence-permit-through-an-investment-of-150000-euros/

 

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Professional gathering of developers and architects, “METRONOM,” will take place in Kyiv on September 30

On September 30, Kyiv will host the professional gathering “METRONOM. Kyiv,” dedicated to collaboration between developers and architects and the creation of added value in real estate projects. The event is organized by the DMNTR media group.

The meeting will take place from 4:00 PM to 10:00 PM at 2 Knyaziv Ostrozkykh Street, near the “Arsenalska” metro station.

“METRONOM. Kyiv” is designed for a professional audience of up to 200 participants, including investors, developers, architects, manufacturers of building materials, and representatives of the real estate market.

The business program will be centered around three practical case studies. Teams of developers and architects will present real-world projects entering the market and demonstrate how collaboration between the client and the architect is structured, which decisions influence a property’s value, and how the architectural concept is integrated into the development model.

Among the event’s headliners are representatives from A Development, AVG Group, and A. Pashenko Architects: Oleksiy Baranov, Yulia Polyukhovich, Andriy Pashenko, and Andriy Voitko.

The second case study will be presented by SAGA Development and BGV Development—Andriy Vavrysh, Anna Viken, Yevhen Binyavskyi, and Serhiy Zalevskyi.

The third case study will feature representatives from “Creator-Bud” and AIMM—Igor Guda, Maxim Myatko, Dmytro Struk, Yulia Dementyeva, and Lyudmila Chumak.

Registration for participants will begin at 4:00 p.m. The business session, featuring presentations of the three case studies, will run from 5:00 p.m. to 7:30 p.m. Following that, from 7:30 p.m. to 10:00 p.m., there will be an informal program featuring jazz, a buffet, and networking.

The organizers are offering three participation options. A standard ticket costs 2,500 UAH and includes participation in the business session, a cocktail reception, and networking.

A premium ticket, priced at 5,000 UAH, includes priority registration, seats in the premium section, an extended evening program featuring a buffet, a cigar ceremony, and a whiskey tasting, as well as a separate networking session.

Online participation costs 1,500 UAH and includes access to the live stream of the event’s business program from 5:00 PM to 7:30 PM.

Seating is limited. Participation in the event and access to the online stream are available only after prior registration and payment.

Registration: DMNTR Media Group, tel. 077 777 25 47, 044 461 91 28.

Registration and ticket purchase form.

Open4business – information partner

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Rents for high-quality warehouses in Ukraine have risen by 12–13% in recent months

Rental rates for warehouse space in Ukraine have increased by 12–13% over the past few months, UTG Director Yevgeniya Loktionova told the “Interfax-Ukraine” news agency.

“Due to the destruction and rapid reduction in vacant space, the market has turned into a ‘landlord’s market.’ In recent months alone, as the shortage has worsened, rates for high-quality space have risen by an average of 12–13%,” she noted.

According to UTG, in the Kyiv region, the prime effective rental rate for Class A space remains in the range of $5–$5.5 per square meter per month (excluding VAT and OPEX), while in some deals for the most sought-after or well-protected properties, it reaches $6 per square meter. In western regions (particularly Lviv Oblast), rates range from $6 to $7 per square meter.

As previously reported, according to a WINHUB study, as of early September, Ukraine’s warehouse infrastructure had shrunk by 50%—from 4.2 million square meters at the start of 2022, with the enemy having destroyed 2.1 million square meters (Classes A/B). New construction between 2022 and 2026 (800,000 square meters) only partially offset these losses. The situation is even more acute in the capital region, where more warehouses were lost in the first eight months of 2026 than during the entire period from 2022 to 2025. In total, 68% of the inventory (1.5 million square meters) was lost.

UTG was founded in 2001. The company has developed over 1,300 real estate concepts. Over the years, 4.7 million square meters of commercial space in Ukraine have been leased with the company’s involvement.

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Five Caribbean countries are preparing for negotiations with EU on future of citizenship-by-investment programs

According to the Relocation project, five Eastern Caribbean nations—Antigua and Barbuda, Dominica, Grenada, Saint Lucia, and Saint Kitts and Nevis—plan to send a joint delegation to Brussels for negotiations on the future of citizenship-by-investment (CBI) programs, Prian reports, citing Investment Migration Insider.
Dominica’s Prime Minister Roosevelt Skerrit stated that the negotiations are scheduled to take place toward the end of September 2026, although the exact date of the meeting has not yet been agreed upon. The delegation expects to hold consultations with the leadership of the European Commission, the European Council, and the European External Action Service.
The decision to launch the joint mission was made on July 10 at a meeting of leaders from the Eastern Caribbean at Roseau, Dominica. In an official statement, the meeting participants emphasized the economic importance of investment citizenship programs for small island states and the need to take into account their dependence on CBI-related revenues.
The negotiations are taking place against the backdrop of the European Union’s hardline stance on such programs. As previously reported, on June 25, European Commissioner for Home Affairs and Migration Magnus Brunner sent a letter to Antigua and Barbuda proposing that the investment citizenship program be phased out by June 1, 2028, with a 24-month transition period. According to industry sources, similar demands were also sent to four other countries.
The reason for the pressure from Brussels is primarily linked to visa-free access for citizens of these countries to the Schengen Area. The updated EU mechanism allows for the existence of a program that grants citizenship in exchange for investment—without the applicant having a substantial connection to the country—to be considered grounds for suspending the visa-free regime. EU documents also emphasize the need to strengthen vetting of applicants and to phase out such schemes.
As early as September, Caribbean states are to strengthen vetting of candidates and completely exclude individuals subject to EU sanctions from these programs. At the same time, the countries are working to establish a single regional supervisory body—Eastern Caribbean Citizenship by Investment Regulatory Authority (ECCIRA). The decision to form a common regulator was adopted by five states back in 2025.
ECCIRA is expected to set common standards for vetting investors, monitor the activities of national programs, and facilitate the exchange of information between countries. The regulator’s headquarters is to be located in Grenada.
Citizenship-by-investment programs remain an important source of revenue for small Caribbean economies. Foreigners can obtain citizenship after making a specified contribution to a government fund or investing in approved projects, particularly in real estate. As of 2026, all five programs continue to accept applications, and the minimum investment threshold starts at approximately $200,000, although specific requirements vary by country.
Caribbean governments intend to persuade the EU not to abruptly terminate the programs and are proposing that the EU take into account their role in financing infrastructure, climate projects, education, healthcare, and recovery from natural disasters.
According to Skerrit, the goal of the upcoming mission is to work with Brussels to find “practical and mutually beneficial solutions” that will allow for both the EU’s security requirements and the interests of small island economies to be taken into account.

https://relocation.com.ua/five-caribbean-countries-are-preparing-for-negotiations-with-the-eu-on-the-future-of-citizenship-by-investment-programs/

 

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Kyiv region overtook Kyiv in new housing construction volumes in the first half of the year

Kyiv region became the largest among the regional new housing construction markets specified by the State Statistics Service in January-June 2026, with 599.3 thousand sq. m, while 437.9 thousand sq. m were declared in Kyiv.

According to the Experts Club information and analytical center, around 9.1 thousand apartments were declared at the construction commencement stage in Kyiv region. In annual terms, the area of new construction remained virtually unchanged, decreasing by only 0.3%.

In Kyiv, the area of declared new housing decreased by 10.7% — to 437.9 thousand sq. m.

At the same time, the statistics on the number of apartments in the capital look unusual: the State Statistics Service indicates around 1.4 thousand declared apartments despite the significant total area. This may be related to the structure of specific projects and the specifics of the published data.

Lviv region became the third major market, where 501.5 thousand sq. m of housing and around 7.2 thousand apartments were declared in the first half of the year.

In Ivano-Frankivsk region, the area of new construction amounted to 248.4 thousand sq. m, decreasing by 20.5% year on year. At the same time, around 5.8 thousand apartments were declared.

In Odesa region, the figure reached 328.7 thousand sq. m and around 1.1 thousand apartments, but the State Statistics Service does not disclose comparable figures for the previous year.

Thus, in terms of the volume of declared new construction, the largest markets continue to be concentrated around Kyiv and the western regions of the country.

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