The search for new premises for business is a difficult and time-consuming task. First of all, because the new office must meet the specific requirements of the entrepreneur who wants to rent it. And, of course, not least the tenant will be interested in the cost of a meter rental office. Therefore, before proceeding with the search, it is necessary to clearly formulate the main characteristics of the future premises for business.
The main characteristic of the first quarter of 2019 in the office market was the relative stability in the trends that emerged in 2018: a slight increase in rental rates, demand, especially for large consolidated quality areas and, as a result, a decrease in vacancy. Tenants are exhausting the opportunities offered by the market. Developers react - they finish building, put into operation new objects, develop modern projects.
Based on the results of 2019, all office real estate market indicators showed an upward trend. A decrease was only registered in the new facilities commissioning rates. Out of 146.4 thousand sq.m. (GLA) of the facilities scheduled, only 84.9 thousand sq.m. (GLA) were commissioned; as to the rest of them, the commissioning time has been postponed until 2020.
The level of average weighted lease rates for office premises in Kyiv in 2019 showed an upward trend in all the classes:
Class А — 5.2%, Class В+ — 7.1%, В — 0.3% and Class С — 14.1% as compared with 2018.
The increase in rates was greatly influenced by the "washout" from the market of high-quality Class A and Class B+ offices located in downtown Kyiv and in areas adjacent to the city center, whose vacancy level was decreasing fast throughout the year, causing a price surge.
The market volume based on the results of 2019 was 3.482 million sq.m. (GLA) in 476 classifiable business centers. Vacancy level - 227.8 thousand sq.m. (6.5%)
In 2019, a new supply is 84.9 thousand sq.m. Many objects have postponed the commissioning to 2020.
In 2020 the commissioning of new constructions 184.8 thousand sq.m will be undertaken (provided the commissioning time frames are met)
An average person spends one-third of their life at work. Work-life balance of employees directly related to the success of the company. The most advanced worldwide companies have realized this fact and choose more comfortable and adapted workspaces.
Employee well-being is closely related to their productivity and efficiency, and even a small change in well-being can have a significant impact. Perhaps one of the most important factors in well-being is the physical workspace.