Budhouse Group secured three major victories at the national RAU Awards 2025, reaffirming its status as one of the strongest retail real estate developers in Ukraine. This year, the organizers updated the evaluation methodology, making it more transparent and objective, and expanded the number of award categories to 28.
In the category “Best Small Shopping Center Outside Million-Plus Cities,” the winner was Lubava Mall in Cherkasy, outperforming Zlata Plaza and Olympia Shopping Center in the final selection.
Lubava has already received more than seven professional awards, including previous RAU wins, which highlights its consistent management efficiency, strong tenant relations, and robust marketing strategy.
In the category “Best Medium Shopping Center in Million-Plus Cities,” the leader once again became Forum Lviv — a shopping center that traditionally ranks among the best in the country.
Forum Lviv is one of the most awarded malls in Ukraine, holding over ten industry distinctions, including victories in RDBA, Solal Marketing Awards, municipal awards, and other professional competitions.
This year, it outperformed Most-City and Prospekt, reaffirming its leadership thanks to a strong brand, stable footfall, and partnerships with leading retailers.
The winner in the category “Best Large Shopping Center in Million-Plus Cities” was Nikolsky in Kharkiv — a modern flagship property of Budhouse Group.
This shopping center already has six national and international recognitions, including RAU and CEEQA awards, which reflect its high quality, strong tenant mix, and operational stability.
In this category, Nikolsky surpassed Karavan and Victoria Gardens to claim first place.
Budhouse Group’s Chief Operating Officer, Maksym Havryushyn, commented:
“These victories recognize the professionalism of our teams and partners, and they prove that even in today’s environment, Ukrainian retail real estate is capable of demonstrating resilience and growth. Lubava, Forum Lviv, and Nikolsky are examples of systematic management, effective tenant relations, and a commitment to visitor comfort. We will continue investing in modernization and maintaining the high standards of our shopping centers.”
Budhouse Group is a leading developer in Ukraine. The company’s portfolio includes Nikolsky (Kharkiv), Forum Lviv (Lviv), Lubava (Cherkasy), Fabrika (Kherson), as well as the premium residential complex Linden Luxury Residences in Kyiv and the Khortitsa Palace hotel in Zaporizhzhia. The company is known for its systematic asset management approach, strategic development of properties, and implementation of innovative operational practices.
Nikolsky, a shopping and entertainment center in Kharkiv that is part of the Budhouse Group portfolio, has won three awards at the prestigious international Solal Awards 2026. The center received two gold awards and a special "Best of the Best" distinction, becoming the only representative from Ukraine among this year’s winners.
A New Balance Outlet spanning 429 square meters has opened at the Nikolsky shopping and entertainment center in Kharkiv, part of the Budhouse Group portfolio.
In the first half of 2026, Budhouse Group shopping centres demonstrated growth across key operating indicators.
