UTG announces the opening of new shopping and entertainment centers in Kyiv, Khmelnytskyi, and Zhytomyr
UTG, a company specializing in the development of commercial real estate, plans to open a number of new modern shopping and entertainment centers in major cities of Ukraine in the coming years. According to UTG’s director Yevheniya Loktionova, the dynamics of retail real estate development in the country are influenced by a combination of economic, consumer, and geopolitical factors that define a complex but steadily developing market.
This is reported by AgroReview
New UTG projects: plans for 2025-2026
In 2026, the company plans to open the White Lines shopping center in Kyiv, which will cover an area of 27,000 square meters. Currently, this project is at a high stage of construction readiness, with an occupancy rate of about 70%.
In Khmelnytskyi, the “Temp” shopping and entertainment center will begin operations at the end of next year, with a total area of 50,000 square meters. It also has nearly 70% occupancy at the preparation stage for opening. Additionally, by the end of 2026, the launch of the Proskuriv Plaza shopping complex, covering 36,000 square meters, is expected in the city, where about 70% of the area is already occupied by potential tenants.
Zhytomyr will also receive new retail space: at the end of next year, a new phase of the “Global UA” shopping and entertainment center will open, increasing the area of the facility by another 20,000 square meters.
Innovations in retail and positive industry dynamics
The first showroom of the Dreame brand, specializing in advanced home and beauty solutions, will open in the capital’s Lavina Mall in mid-October, highlighting the trend towards the implementation of innovations in Ukraine’s retail real estate sector.
Yevheniya Loktionova, the director of UTG’s commercial real estate development, noted that 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) showed growth for the first time in a long time in August 2025 — increasing by 0.8 points compared to July, reaching 28.8 points. This indicates a gradual recovery of the sector and increased confidence among market participants.