KYIV. Nov 4 (Interfax-Ukraine) – The total area of rented office space in Kyiv in January-September 2015 increased by 14% compared to the same period in 2014, to about 70,000 square meters, while in July-September 2015 tenant demand remained buoyant.
This is according to a report issued by Colliers International consulting company.
“A major part of transactions in the office segment are those on revising and extending the existing lease agreements. Recently however, the number of requests to move to new offices has grown significantly, which, according to our forecasts, could transform into a quality indicators and positively impact the amount of office absorption in the next six months,” Managing Director of Colliers International in Ukraine Oleksandr Nosachenko said.
According to the report, in January-September 2015 the demand for offices in Kyiv was formed mainly by IT sector companies (40%), which have occupied the largest share among tenants in the total demand for such premises for a long time.
According to Colliers International, in July-September 2015 two new B class office centers entered the Kyiv office space market: at 56 Chervonozoriany Avenue (with a gross lettable area of 8,700 square meters) and at 3 Novovokzalna Street (5,500 square meters).
According to the company, the new supply of office space in Kyiv in January-September 2015 totaled about 55,000 square meters, while general availability totaled 1.745 million square meters.
