J
John Williams
New Member
In 2009 Kiev real estate market shrank by about 20 % to a fairly forecast trough and paralleled Moscow market. On the back of mounting European highs and looming economic downturn, gradual price drops and expected sharpest slump in the end of 2009 led to more affordable offers aimed at filling in the business centers.
As Kiev Real Estate Portal offerings suggest, class A Kiev offices would cost you USD 480-600 a year for each square meter, while classes B+ and B- are touted for around USD 400 and 200 respectively. With Kiev business centers’ offers as affordable as never before, office rates are expected to fall by 10 to 12 % by the year end and drop thereafter unless economic stability gets more promising.
Although as few business centers as never in this decade have been put into commission, demand now drags behind supply and lessors either lower their rates or renew some of their properties determined to experience “recovery” of Kiev property market and see their offices go up in value.
With all these tendencies playing out, seem to have become even more attractive as leading renters are getting eagerer to win new contracts.
As Kiev Real Estate Portal offerings suggest, class A Kiev offices would cost you USD 480-600 a year for each square meter, while classes B+ and B- are touted for around USD 400 and 200 respectively. With Kiev business centers’ offers as affordable as never before, office rates are expected to fall by 10 to 12 % by the year end and drop thereafter unless economic stability gets more promising.
Although as few business centers as never in this decade have been put into commission, demand now drags behind supply and lessors either lower their rates or renew some of their properties determined to experience “recovery” of Kiev property market and see their offices go up in value.
With all these tendencies playing out, seem to have become even more attractive as leading renters are getting eagerer to win new contracts.
