UTG, a company specializing in the development of commercial real estate, has announced the opening of a number of new shopping and entertainment centers in various regions of Ukraine. According to UTG’s director, Yevheniya Loktionova, the retail real estate market is influenced by economic, consumer, and geopolitical factors, creating a complex yet dynamic situation.
This is reported by Finway
New retail properties in Kyiv, Khmelnytskyi, and Zhytomyr
In 2026, the White Lines shopping center, covering a total area of 27,000 square meters, is set to open in Kyiv. The project is in the final stages of construction, with about 70% of the retail space already leased.
In Khmelnytskyi, the Tempo shopping and entertainment center, with an area of 50,000 square meters, is expected to start operations at the end of next year, also showing a high level of readiness and occupancy—nearly 70%. Additionally, by the end of 2026, the Proskuriv Plaza shopping center, covering 36,000 square meters, is planned to open in the city, where approximately 70% of the space is similarly already occupied.
In Zhytomyr, a new phase of the Global UA shopping and entertainment center will be completed by the end of next year, which will complement the existing complex and add another 20,000 square meters of retail space.
Development of retail infrastructure
Moreover, the Lavina Mall in the capital will see the opening of Ukraine’s first Dreame showroom in mid-October, specializing in innovative home and beauty technology.
“Forecasts for the development of retail real estate in Ukraine are shaped by economic, consumer, and geopolitical factors, demonstrating a complex but dynamic picture.”
It is worth noting that the Ukrainian Retail Well-Being Index (RWBI) rose by 0.8 points in August 2025 compared to July, reaching 28.8 points. This indicates a gradual recovery of the industry after a prolonged period of decline.