
Ukraine’s housing market is entering a phase of rebuilding and renewed demand. Independent analyses point to rising interest in residential property, especially smaller and affordable apartments, as millions of displaced Ukrainians are expected to return once conditions stabilize. At the same time, more than 2.5 million homes have been damaged, creating a significant need for modern, high quality housing. International institutions are also supporting the recovery, with large-scale funding programs and investment commitments that strengthen economic stability and help rebuild essential infrastructure. These factors together are forming a strong base for long term real estate growth in key cities such as Kyiv, where rental prices have already shown notable upward movement.
Despite this rising demand, residential prices in Kyiv remain comparatively low at around 1,700 USD per square meter. This represents a substantial discount to other Central European capitals such as Warsaw, Prague, or Budapest. As Ukraine moves toward stabilization and deeper integration with European markets, this price gap creates a clear opportunity for value growth.
Ukraine Recovery Fund SICAV, a.s.
Ukraine Recovery Fund SICAV, a.s. is a fully regulated, self managed investment fund supervised by the Czech National Bank. The Fund focuses on supporting Ukraine’s economic recovery while offering attractive, risk balanced opportunities for qualified investors. Its leadership brings decades of investment, banking, and operational experience across Ukraine and Central Europe.
Launching in 2026: Ukraine Real Estate Sub-Fund I.
To capture the current momentum in the residential market, the Fund will launch the Ukraine Real Estate Sub Fund I in Q2 2026. The first investment stage will focus on acquiring around 200 completed or near completed apartments in Kyiv’s best connected districts, targeting the strongest rental segments such as one and two bedroom units. Through developer partnerships, professional asset management, and rising rental demand, the sub fund aims to deliver strong long term returns supported by both income and capital appreciation.
Get in Touch
We welcome qualified private and institutional investors to contact us for more information or tailor made investment proposals.
Ukraine Recovery Fund SICAV, a.s. | Hybernská 1033/7a, 110 00 – Prague 1, Czech Republic
Web: www.ukrainerecoveryfund.com | Mail: info@urf.fund | Phone: +420 607 869 170
Chief Executive Officer: Jan Eisenreich | Company. ID: 11755865
"Ukraine Recovery Fund Report: Ukraine’s Residential Real Estate – A Clear Opportunity for Active Investors"