News digest of the Ukrainian Association of Developers

We are pleased to present the news digest of the Ukrainian Association of Developers. In it, we briefly and without "water" tell about the most important events in the lives of UA Developers members, as well as share interesting materials from the association's members.

News of the association members:

Commissioning of Nordica Residence by RIEL

Real Estate Corporation RIEL, a member of UA Developers, has announced the commissioning of the first phase of the capital's Nordica Residence residential complex. In total, it includes 230 new apartments, and the construction of two more phases is underway.

Investment and development

Igor Nikonov, founder of KAN Development, a member of the Ukrainian Association of Developers, told how to attract new investments for development and reconstruction and create a strong investment climate that will stimulate the country's economic growth. He spoke with Dmytro Gordon about the expected business environment, the combination of history and modernity in Ukrainian cities, and much more.

Economics and the real estate market:

New housing for IDPs

The first families of internally displaced persons whose homes were destroyed as a result of the hostilities have already purchased new housing under the eVodnovnennya program. In total, the Government has allocated UAH 15 billion for this purpose, which will allow almost 3,500 IDP families to use housing certificates to buy housing.

Capital prices

Over the year, average housing prices in Kyiv decreased by 5% in dollar terms, according to data from the DIM.RIA analytical center. However, compared to last month, the cost per square meter in the capital remained unchanged, while in most other regions it increased by 1-8%.

Politics and management:

Mortgage development

Ukraine is developing a state strategy for the development of mortgage lending: the process was launched on the basis of the Financial Stability Council with the participation of the Independent Association of Ukrainian Banks and the Association of Ukrainian Banks. According to NBU Governor Andriy Pyshnyi, the strategy's drivers should include war risk insurance, deregulation of the real estate market, cooperation with international partners and private capital, etc.

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