According to the results of 2025, developers in Ukraine commissioned over 47,000 square meters of new retail space, reflecting a positive trend in the development of the commercial real estate market and a gradual recovery of investment activity in the country.
This is reported by Finway
Major Openings in Kyiv and Regions
In Kyiv, among the significant projects of the year is the opening of the Viyar showroom, which covers approximately 1,500 square meters. Another significant addition to the market was the BalticSky shopping center, occupying about 10,000 square meters. In the regions, one of the largest projects was the “Mayak A1” shopping and entertainment center in Odesa, spanning 9,500 square meters.
In Izmail, the “Pokrovskiy” shopping and entertainment center opened in 2025, covering 5,300 square meters. In Uzhhorod, the Trade Mall shopping center (3,000 square meters) was opened, while in Mukachevo, the Mukachevo retail park spans 9,000 square meters. In Lviv, the GREAT shopping center opened, exceeding 9,000 square meters, and in Rivne, the “Koloryt” shopping center reopened after renovations.
New Projects and Plans for 2026
In 2025, the first phase of the new Synergia Plaza shopping center in Irpin was also opened, marking an important step for the development of local infrastructure.
“The total leased area of the projects exceeded 47,000 square meters, indicating a gradual recovery of investment activity in this sector.”
Developers have already announced plans for 2026. In Kyiv, preparations are underway for the launch of a retail-office center in the Bereznyaki residential area with an area of 6,500 square meters, the Taryan Towers shopping center (6,000 square meters), the White Lines shopping center (28,000 square meters), and the Start shopping center (5,000 square meters). These projects are expected to further strengthen the position of commercial real estate in the capital.