In Kyiv, 241,000 square meters of new retail space went on the market last year

Monday, February 24, 2020
In Kyiv, 241,000 square meters of new retail space went on the market last year

In Kyiv, 241,000 square meters of new retail space went on the market last year. This is 50% more than the 159,000 square meters of gross leasable area that went on the market in 2018. With the new supply, Kyiv’s overall retail vacancy rate is creeping up, hitting 7.8% in December. For regional malls, the vacancy rate is twice as high – 15.4%, reports UTG.

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