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While shopping malls close in the US, they have a future in Ukraine, said

Sergiy Sergiyenko, Managing Partner of CBRE Ukraine, (Kyiv Post). “Living in Kyiv and Ukraine, in general, there are no quality public spaces in winter…So, people go out and go to a mall,” he said adding that in Kyiv residents travel to malls using mass transit. “Malls are places for hanging out, for window-shopping or for trying on clothes. They may not be so profitable, but they still continue to be used…Rental rates in shopping malls did get hammered, but they will recover gradually.”

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