Up to 32 new business centers will open in Kyiv by the end of next year,

Volodomyr Heliuta, managing partner of UTG Offices, tells Interfax-Ukraine. The leasable area adds up to 670,000 square meters – almost one third of existing office space in Kyiv. “Frozen and postponed projects have been actively revived since the middle of 2020,” he says. “Outdated shopping centers, hotel complexes, enterprises and factories are being reconstructed into office real estate.” IT is the main driver of the expansion, he and other commercial real estate analysts say.