KYIV. Oct 23 (Interfax-Ukraine) – Rent rates for high-quality warehouses and logistics premises in Kyiv and its suburbs would not considerablychange by the end of the year, while primary vacancy rate in the segment would remain around 10% due to low developers’ activity and small demand of leasers, according to the survey for Q3 2015 published by DTZ international consulting company in Ukraine.
DTZ said that as of late September 2015, the vacancy rate in the warehouse segment in Kyiv and its suburbs was 12%, which was 6 percentagepoints more year-over-year.
The company said that in January-September 2015, rent rates in the segment almost did not change, and were $3-5 per square meter a month forclass A premises and around $2-3 per square meter a month for class B premises. As of late 2014, the smallest rent rates were $7.5 per square meter a month.
“In January-September 2015, around 124,000 square meters of warehouses and logistics premises were leased in Kyiv and its suburbs. This is around 80% of the figure as of late Q3 2014 and 64% down on Q3 2013,” reads the survey.
The company said that supply of modern warehouses in Kyiv and its suburbs totaled around 1.778 million square meters of gross lettable area (GLA) as of late September 2015, including 340,140 square meters of cold-storage warehouses, chemical and pharmaceutical warehouses.
DTZ said in Q4 2015, three warehouse complexes with a total GLA of 38,800 square meters would be commissioned in Kyiv‘s suburbs.
DTZ was founded by Chesshire Gibson, which began operations in Birmingham (Britain) in 1784.
