Kyiv and Lviv lead Ukraine’s five largest cities for rising office space costs.

During the first half of this year, the purchase price of Kyiv office real estate increased by 18.4% yoy, $2,269 per square meter – more than double the national average of 8.4%. Office rents increased by 13.3% in Kyiv, to $18.7 per square meter. Nationally, office rents declined by almost 1%, Volodomyr Shalaev, director general of the Uvecon group, tells Interfax-Ukraine. In Lviv, rents increased at the same pace as Kyiv, but office selling prices soared by 29%, to $1,210 per square meter.