PURE Hub to link Polish and Ukrainian business

03 października 2023

PURE Hub is a new initiative connecting businesses and institutions, aiming at the reconstruction of Ukraine and supporting Ukrainian investors in Poland.

PURE Hub will connect all economic entities engaged in investment and construction projects, both in Poland and Ukraine. The co-founders are Iwona and Daniel Puchalski, and Sergii Stoliarchuk. From the outset, PURE Hub (Polish-Ukrainian Real Estate Hub) collaborates with Ukrainian businesses, with a project’s portfolio of approximately 1 million sqm, which may signify the value of these initiatives at the level of EUR 900 million.

Many investors are not waiting for the end of the war and want to invest in Ukraine now. Conditions should be created for them, building an ecosystem that will connect capital, business, and the best knowledge on sustainable infrastructure development.

According to the latest World Bank forecasts, the reconstruction of Ukraine is expected to cost 411 billion dollars. This is more than double the GDP of Ukraine from 2021. 69 billion of this amount is to be allocated for housing construction, while 115 billion is needed in the field of industrial real estate, logistics, and trade. Almost half of the investment effort and resources needed to rebuild the country will relate to the broad real estate market. Poland, as a neighbor, ally, and partner, is the best place for initiatives that activate the Ukrainian market and economic development. This is especially true considering the strong competences of Polish companies and managers in capital transactions and the management of all types of real estate assets.

The first wave of reconstruction is already beginning

Agriculture and food production, IT, logistics, and the production of building materials - investment activity in these sectors in Ukraine is already starting. Despite ongoing military operations, the decline in Ukraine's GDP is already slowing down. The World Bank predicts that after last year's almost 30% drop in GDP, Ukraine's economy will grow by 0.5% this year. Philip Morris, Carlsberg, Unilever are not waiting for the end of the war and are investing in western Ukraine. Irish building materials producer Kingspan wants to invest up to 280 million dollars in building new production plants. After the German government decided to provide guarantees for investments in Ukraine, German pharmaceutical giant Bayer is planning to invest €60M. These guarantees may be applied even in the event of property destruction resulting from missile strikes or other hostilities on German production facilities in Ukraine. Additionally, the Polish ceramic tile producer Cersanit continues the construction of its Ukrainian factory.

Rebuilding infrastructure, demand for housing, and facilities for transport and logistics will drive the second wave of investment. This is happening soon. Those who take appropriate and responsible actions now will be ahead of those who wait for the end of the war. Our goal is to connect individuals, companies, and organizations from all sectors. The first and most important issue is the multifaceted reconstruction of Ukraine. We believe that through our actions and extensive network of contacts, we, together with our partners, can make a significant contribution to the development of this country,

believes Daniel Puchalski, co-founder of PURE Hub.

We are working on a project to launch multi-factory prefabricated construction to deliver up to 1900 social housing units per facility annually.” - informs Sergii Stoliarchuk, co-founder of PURE Hub. “Our goal is to promote and co-organize projects that contribute to building the economic foundations of a new modern Ukraine and its cooperation with Poland. Ukraine needs investments to create new jobs and build new, secure infrastructure, but it needs high business competences even more to accelerate integration with EU countries and the democratic part of the world,

adds Daniel Puchalski.

Daniel Puchalski, who manages PURE Hub activities in the Polish market, is also a managing partner of the real estate advisory firm Immo Lab. Over the last 20 years, he has participated in transactions in the commercial real estate market worth 4 billion Euros. Sergii Stoliarchuk, an entrepreneur with over 15 years of experience in launching international projects in retail, logistics, and real estate business in Ukraine, is responsible for the development and management of PURE Hub in Ukraine. He is also CEO and co-founder of Maxify, a SaaS platform for residential real estate developers with over EUR 0.6 billion assets in the portfolio.