In the first half of the year, Ukrainian retail improved its main indicators. The index of retail well-being is gradually improving, and vacancy in shopping centers is decreasing, but no significant changes in attendance have yet been observed. The situation’s improvement occur... #RealEstateVacancy #retailUkraine #ShoppingMallsUkraine #UkraineEconomy
More than 20% of the capital’s shopping center capacity is empty. The weighted average vacancy rate in Kyiv’s shopping centers continues to grow. In March 2023 it reached 21.5%, almost double the figure of 11.5% in the same period last year. According to UTG, the co... #CommercialRealEstate #RealEstateVacancy #ShoppingCentersUkraine
Remote working will cause a 25% shrinkage of Kyiv’s ‘office footprint’ by 2024, predicted Sergiyenko of CBRE, (Kyiv Post). “In other words, if there are 2 million square meters in total supply — 400,000 to 500,000 square meters will be vacated,” he says. However, he cautions: “Offices are ... #OfficeVacancy #RealEstateVacancy #RemoteWorking
Kyiv’s office vacancy rate doubled last year, to 11%, the highest level since 2014. In turn, rents fell by 10 to 20%, reported the Kyiv Post. Faced with uncertainty in the pandemic year, CBRE Ukraine said that developers offered only 125,000 square meter... #RealEstateUkraine #RealEstateVacancy
