Office vacancy rates in Kyiv dropped in the first six months of this year from 17% to 12%

Office vacancy rates in Kyiv dropped in the first six months of this year from 17% to 12%, as net take-up reached 81,000 square meters, a 36% yoy increase, reports CBRE Ukraine consulting company. Of the top six lease transactions – totaling 15,400 square meters – four were for IT companies, and two were for Regus, the international workplace company. Declared rental rates increased by 10-20%, with the highest average rental rate remaining stable at $23 per square meter a month. By December, about 65,000 square meters of new office space is to be commissioned in Kyiv.