PBB Research · October 2026 · 18 pages

Development 2026–2027: what to build, where the money is and how to attract investors (Ukrainian)

Growth areas, benchmarks and investor requirements, based on 19 business forums of the year.

2,5%warehouse vacancy in Kyiv

$31 млнinvested in warehouses in 2025

<20 тис. м²size of most new 2026 retail centres

Key findings

Capital is the year’s main shortage: bank lending to developers has practically stopped.

Warehouses: 2.5% vacancy in Kyiv, absorption up 46%, yet only $31m invested in 2025.

Retail: most new 2026 centres are under 20,000 m², retail parks and neighbourhood centres.

More research

Segments, daily rates, geography, three market gaps and operating principles for new projects.

Market structure, net yields after tax, entry tickets, risk and liquidity, and why projects fail to raise capital.

Demand, supply, realistic yields, risks and an audit of 18 project websites.