Total stock of commercial real estate will rise by 1.5 times in Ukraine
Experts says total stock of commercial real estate will rise by 1.5 times by 2020, to 633,000 sq m. The total supply in the commercial real estate market will reach 633,000 square meters by 2020 ın Ukraın.
In a press conference at the Interfax-Ukraine agency said “At the end of 2018, the vacancy rate dropped to 3.8%. This is an extremely low level not only for Ukraine, but also for the world.
Additionally ın 2017 there were practically no new projects, 8,000 square meters were commissioned.
This year the figure is more significant: taking into account those objects that are to open in December 2018, the figure will reach 85,000 square meters.
But these are mostly small objects with an area of 10,000-20,000 square meters.
It appearance of each of them could not affect the market as a whole.
The total supply over the next two years could exceed 600,000 square meters. The total stock might increase by more than 1.5 times,”
Sevdenur Demir/ realestatecoulisse.com
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