Business centers are empty in Kyiv: vacancy is over 20%, and rental rates have fallen by 30% and they continue to fall.
According to the UTG, the drop in office rental prices was caused by the outflow of tenants. In January 2022, rent for one square meter in class A was $28.1, in class B, $17.9, and in class C – $11.9. However, in the fourth quarter of 2023, the rates were reduced by at least 30% to $19.9, $11.8, and $9.7, respectively. “We do not see positive trends. Considering the increase in the costs of energy carriers, the increase in the