The volume of new supply planned for commissioning in the warehouse real estate market of the capital in 2025 is 250 thousand sq. m., the current volume of preliminary transactions in future facilities – about 55%, follows from the research of CBRE Ukraine.
According to the report, of the total volume of future logistics space, 87% falls on the speculative market, 13% – for the needs of owners.
“The use of warehouses for their own needs will further contribute to the market recovery, as tenants looking for large areas are increasingly favoring build-to-suit solutions or buying damaged/destroyed warehouses for further reconstruction. Thus, some of these facilities will present profitable opportunities for sale and leaseback during the active phase of post-war reconstruction”, – says Natalia Sokirko, Head of Warehouse and Logistics Real Estate Department of CBRE Ukraine.
It is noted that the current rate of previous lease transactions significantly exceeds the historical market indicators – 55% against the traditional 10-20%. The vacancy rate in the market is 3.1%, but stable demand from tenants and a significant volume of previous
lease transactions continue to put pressure on the vacancy rate.
“Although some tenants have realized previously postponed expansion or relocation plans by leasing new facilities, the release of space has not led to an increase in vacancy, as high re-take activity keeps it low,” the company informs.
At the same time, the warehouse market will continue to be affected by high energy costs, currency fluctuations and labor shortages, Sokirko stressed.
As reported, in 2024, the volume of new supply in the warehouse market of Kiev increased by 79 thousand square meters. m.
CBRE, headquartered in Dallas (USA), is the world’s largest consulting and investment company in the field of commercial real estate, whose revenue in 2024 amounted to $35.8 billion. Shares of CBRE Group Inc. are traded on the New York Stock Exchange.
CBRE’s Ukrainian office was opened in January 2008 and is part of the company’s affiliate network. In 2023, the Ukrainian office expanded its presence in Moldova under the CBRE Moldova brand.
On Sunday, March 9, there will be no precipitation in Ukraine, with fog in the eastern regions at night and in the morning, the Ukrainian Weather Center reports.
Southeast wind, 5-10 m/s. Temperature at night from 3° C to 2° C, during the day 13-18° C, on the coast 7-12°.
In Kyiv, the temperature will be 1-3° Celsius at night and 16-18° Celsius during the day.
According to the Borys Sreznevsky Central Geophysical Observatory. Over the entire period of meteorological observations in Kyiv, the highest temperature on March 9 was +17.3° in 1920, and the lowest was -20.0° in 1915.
On Monday, March 10, there was no precipitation in Ukraine. In the southern part of the country there will be fog at night and in the morning. Southeast wind, 5-10 m / s, in the Carpathians during the day gusts of 15-20 m / s in some places. The temperature will be 0-5° C at night, 13-18° C during the day, 7-12° C on the coast.
In Kyiv, the temperature will be 3-5°C at night and 16-18°C during the day.
The vacancy rate in the capital’s shopping centers amounted to 13.1% in 2024, down from 16.3% in 2023, with rents approaching pre-war levels, the press service of the Ukrainian Trade Guild (UTG) reports.
The highest vacancy rate in 2024 was characteristic of the regional (15.1%) and district (15.2%) formats and was concentrated mainly in four facilities: Blockbuster Mall, Marmalade, Promenada Center and Art Mall.
According to UTG experts, typical rental rates in Ukrainian shopping centers are gradually approaching pre-war levels. In December 2024, the average rental rates for shopping gallery stores with an area of 50-200 sq m amounted to $22.1/sq m. In December 2021, they were $22.8 per square meter, in 2022 they fell to $18.7, and slightly increased to $19.1 in 2023.
In December 2024, fixed monthly rental rates per square meter, excluding interest on retail turnover, VAT and operating expenses in the capital’s shopping centers amounted to: for kiosks with an area of 1-10 sq. m – from $70 to $250; for restaurants and cafes – $1-15; for children’s entertainment centers – $1-6; for cinemas – $1-4; for clothing department stores with an area of 600-1500 sq m – $1 to $18; for fashion galleries with an area of 100-200 sq m – $1-$32; for electronics supermarkets – $1 to $8; and for grocery supermarkets – $1 to $15.
UTG was founded in 2001. It has developed more than 1.3 thousand real estate concepts. Over the years, the company has leased 4.7 million square meters of commercial space in Ukraine.
In Ukraine, on Sunday and Monday, February 23 and 24, there will be no precipitation, only in the afternoon in the eastern regions there will be light snow, and sometimes ice on the roads.
According to the Ukrainian Hydrometeorological Center, on Sunday, the wind will be of variable directions, 3-8 m/s. The temperature at night will be 13-18° Celsius, in the northern regions sometimes 21-23° Celsius, in the western regions and in the Crimea 8-13° Celsius; during the day 1-6° Celsius, in the western regions 0-5° Celsius.
No precipitation in Kyiv on February 23. On the roads there will be ice in some places. The temperature at night will be 13-15° below zero, during the day 1-3° below zero.
According to the Borys Sreznevsky Central Geophysical Observatory, the highest temperature in Kyiv on February 23 was +11.9°C in 2016, the lowest -21.7°C in 1945.
On Monday, the wind in Ukraine is northerly, in the west of the country mostly southerly, 3-8 m/s. The temperature at night will be 8-13° below zero (in the northeastern regions 11-16°, in the western and southern regions 5-10° below zero); during the day from 3° below zero to 2° above zero, in the western regions 1-6° above zero, in the eastern regions 1-6° below zero.
In Kyiv, no precipitation, icy conditions on the roads in some places. North wind, 3-8 m/s. The temperature at night will be 10-12° below zero, during the day around 0°.
Kyiv and Ankara are interested in expanding bilateral trade and aim to increase mutual trade by more than 1.5 times – from $6.2 billion in 2024 to $10 billion, First Vice Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko said after a meeting with Turkish Trade Minister Omer Bolat.
“Last year, imports from Ukraine to Turkey amounted to $2 billion, and the total trade volume between our countries reached $6.2 billion. The overall goal is to increase this figure to $10 billion, in particular, by expanding the already significant trade in agricultural products, as well as other sectors,” Svyrydenko wrote on social network X from Ankara.
“There was an exchange of ideas with our contractors on projects in the priority areas of Ukraine’s reconstruction. Our development of relations with Ukraine in every sphere will also be a driving force for us in rebuilding the country,” Bolat said in turn.
According to Svyrydenko, the two sides also discussed how Turkish companies can access financial instruments to support Ukraine’s reconstruction efforts.
She also thanked the minister for his decision to ensure maximum access for Ukrainian vessels to Turkish ports.
“In March, we expect a Turkish delegation to visit Ukraine to further deepen cooperation between our private sectors in rebuilding our country,” the First Deputy Prime Minister concluded.
According to the State Statistics Service, in 2024, exports from Ukraine to Turkey decreased by 6.8% compared to 2023, to $2.21 billion, while imports from Turkey decreased by 10.2%, to $4.24 billion. Turkey’s share in Ukraine’s exports of goods last year was 5.3%, and in imports – 6.0%. Only China, Poland, and Germany had a larger share.
The main items of Ukrainian exports to Turkey in 11 months of 2014 are cereals ($0.65 billion, +12.7% compared to 11 months of 2013), fats and oils – $0.35 billion (-56.1%), oilseeds – $0.22 billion (-31.8%), ferrous metals – $0.16 billion (+84.5%).
Over 11 months of 2014, Ukraine imported the most from Turkey: oil and mineral fuels – $0.55 billion (-7.7%), ferrous metals – $0.46 billion (+28.6%), electrical machinery – $0.23 billion (-9.3%), edible fruits and nuts – $0.20 billion (+17.7%), boilers, machinery – $0.20 billion (+3.3%).
US President Donald Trump has confirmed that Treasury Secretary Scott Bessent will arrive in Ukraine.
“I am sending Treasury Secretary Scott Bessent to Ukraine to meet with President Zelensky. This war must and will end soon – too much death and destruction,” he wrote on Truth Social.
Earlier, Bloomberg reported that U.S. Treasury Secretary Scott Bessent intends to visit Ukraine this week as part of initial talks to secure U.S. access to critical minerals. Bessent may become the first member of US President Donald Trump’s team to visit Ukraine.
Earlier, the president said that his administration wants to conclude an agreement with Ukraine on access to resources in exchange for help in its defense against Russian invasion.
Ukraine’s President Volodymyr Zelenskiy told reporters in Kyiv earlier on Monday that he plans to meet with people from the Trump administration in Ukraine before the Munich Security Conference.
