Business news from Ukraine

COMMISSIONING OF SOME 76,500 SQ M OF NEW OFFICES DECLARED IN KYIV FOR 2015-2016 – COLLIERS INTERNATIONAL

21 July , 2015  

KYIV. July 21 (Interfax-Ukraine) – New supply on the office property market in Kyiv in 2015-2016, if all declared projects are commissioned on time, will total around 76,500 square meters, and by late 2015 it is planned that three key business centers with a gross lettable area (GLA) of some 37,000 square meters will be commissioned, Colliers International consulting company said in a press release issued on Monday.

“Among key projects that would enter the market by late 2015: Sigma business center with GLA of 19,500 square meters, a business center at 56, Chervonozoriany Avenue with GLA of 12,000 square meters and a business center at 3, Novovokzalna Street with GLA of 5,500 square meters,” the company said.

Colliers International said that in January-June 2015 four office facilities were commissioned in Kyiv with a total GLA of around 41,300 square meters: a business center at 132 Holosiyivsky Avenue with a GLA of around 15,300 square meters, a business center at 10 Verkhniy Val Street with a GLA of some 10,000 square meters, and a business center at 46 Gorky Street, and a business center at 8 Dorohozhytska Street, with a GLA of around 8,000 square meters each.

In H1 2015, the total supply of offices in Kyiv reached around 1.731 million square meters, the company said.

Collіers International provides services on commercial real estate. It unites over 16,300 specialists, working in 502 offices in 67 countries.

The representative office of Collіers International in Ukraine was established in Kyiv in 1997.