The share of vacant space of street retail in Khreschatyk Street and the Pasazh buildings in Kyiv is falling and reached 6% in May 2019, which is lower than a year and two years ago. According to a study of Colliers International, growth in the number of cafe and restaurant operators is seen in this area: as of May 2019 their share is 27% (32 operators) of the total number of retailers in Khreschatyk Street, while the number of fashion operators has not significantly changed in the past two years (31%).
The number of other operators grew: banks, pharmacies, jewelry stores, children stores, food and souvenir stores, reaching 36% of the total number of retailers.
According to Colliers, the highest rent on main retail streets in Q1 2019 did not change compared with the same periods of the previous two years, being $83 per square meter a month.
