Напишите нам
Home » Blog » Office real estate market in Kiev 1 square. 2019

Office real estate market in Kiev 1 square. 2019

Author: Olga Zayarnyuk - office real estate market analyst

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.

Offer in the office market

The market volume for the current period was:

462 professional business centers with a rental area of 3.518 million square meters

динамика рынка 2004-2018

New construction

In 1 square. In 2019, 2 office buildings with a total leasable area of 18.9 thousand square meters were commissioned. m ("Maidan Plaza" class "A" Khreshchatyk str. 16, GLA - 15.5 thousand sq. m "Baggoutovsky" class "B" on Baggoutovskaya str. 17-19 area of 2.9 thousand sq. m


динамика рынка офисной недвижимости

Demand for business centers

The leaders in terms of popularity among tenants are the following business centers: Leonardo, Senator, Astarta, IQ, Ilyinsky, Toronto-Kiev, Domino, West Side, UNIT.City Innovation Park.

Based on the characteristics of the location of the most popular office rent in Pechersk district, Shevchenko, Podolsky and Goloseevsky. Among the characteristics of the location: rent in the center, 5-15 minutes walking distance from the metro station, rooms with repairs, offices in the historic center. An important feature in the formation of demand is also the presence of a large parking lot, excellent species characteristics, modern engineering systems.

Vacancy space

The vacancy rate for classes 1 square. 2018 and 1 square. 2019

vacancy rate for classes 2019

Rental rates in the office market

The weighted average base rental rates for object classes for Q1.2019 were as follows:

$ 24 for 1 square. m. on the premises of class "A", the prices for offices of class "B +" and "B" were $ 22.2 and $ 15, 5, respectively.

By the end of the year, a slight increase in rates is projected at the level of 5-10%. The growth rate of rental rates in the office real estate market is currently more situational in nature and depends on the location of the office building, its quality level (level of decoration of public areas, architecture, engineering systems, service provided by the management company), prestige and vacancy rate of the premises.

rental rates by class Q1 2019ental rates by class Q1 2018

Write a comment
A district of the city
Metro station
Search by name of BC
Object class
Square (м2)
Price $/m2
Reset all filters
Show more search options
Subscribe to new properties matching these parameters.
Application for selection of proposals
Send us your wishes and our experts will select the right object for you.
Write to the director
Here you can write to the director.