The review of the market of retail, office, hotel and residential real estate for the 1st half of 2014

00:00, 29 July 2014
2693

a Press conference on the theme: "the review of the market of retail, office, hotel and residential real estate for the 1st half of 2014". The specialists of the company UTG will talk about the state of the real estate market in the first half of this year. . In commercial real estate: the fall of rent rates on 30%, rising vacancy rates from 2.5% to 7.5%, reduction of plans for development of retail networks, freezing projects, postponement, redistribution of attendance from district shopping centre regional shopping center. In the office real estate: the fall of rent rates by 25% -30%, rising vacancy rates of class a up to 30%, class b-20%, that in the market of Kiev freely about 350 thousand sq. m of quality office space. In hotel real estate: in the published annual study of the most visited cities in the world, in 2014 Kyiv rose to 61 prompt attendance (from 132 cities of the world took part in the study, that the first half of 2014 in the market of the hotel real estate of Kiev was marked by anti record: the occupancy of existing hotels was recorded at historical lows. In residential real estate: amounts received into operation of housing, the average price of 1 square meter on the primary real estate market, about the increase in the average cost of housing in the 6561 UAH (+43.1 percent) and 21 786 UAH per 1 m2. Participants: Victor Oborsky, head of the Department of strategic consulting UTG and Konstantin Oleinik, senior analyst of the Department of strategic consulting company UTG.

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