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The potential of the Kiev Shopping Area

UTG experts continue to study the situation in the market of real estate of the capital of Ukraine. According to the calculations, the turnover of the Kyiv city trading network will be $ 458.6 million this year, taking into account the current level of income of the population, solvent demand is capable of ensuring successful functioning for 2 313 033 sq.m of retail space, while in January 2025 there are already 2 457 010 sq.m. Competition will also continue to intensify in the market. Thus, for 2025 – 2027, they were announced before the opening of the White Lines (28 000 sq.m), Balticsky (20 000 sq.m), Ocean Mall (110 000 sq.m), Lukiyanivka (47 052 ​​sq.m), New Ray (34 500 sq.m). Mall (36 500 sq.m) and other objects A total of more than 25 000 sq.m rented.

According to UTG analysts, the commissioning of the declared projects will increase the surplus of retail space and will cause further redistribution of consumer flows between objects, vacancy increase and correction of lease rates towards reduction. At the existing level of income and expenditures of the population, the vacancy rate can reach 17.0% in 2025. Also, trade real estate owners will be forced to pay more and more attention to the modernization, redevelope and renovation of their objects. So, developers have already started a comprehensive modernization of such shopping centers as “Caravan”, “TSUM”, “Metrograd”, “Metropolis”, “Square Lukyanovka”, “Cosmo Multimall”, “Gorodok Gallery”, “Magellan”, “Globus”, “Marmalade”, “Dream Town”, “Silver Breeze”, “Insilver”. And a number of owners – planned large-scale changes in the nearest perspective.