Kyiv malls postponed as vacancy rises
Retail & leisureschedule 05 May 2015
UKRAINE In the first quarter of the year, no modern shopping space was completed on the Kyiv market – and none of the projected new stock of 361,200 sqm in 2015 could now be opened this year, according to JLL’s latest Kyiv retail market report.
In Q1 one project, MFC Retrovill, was postponed until 2016. “The rate for attracting tenants to shopping centres is currently insufficient to open a project with an acceptable occupancy level,” states the report. In Q1 the vacancy rate in Kyiv’s shopping centres rose to 9.2 pct – up from 8 pct in Q4 2014 and from 6.2 pct in Q1 2014. However, vacancy is still below the levels in Lisbon, Berlin (10 pct) and Athens (20 pct). The consultancy also suggests that a way out of this problem for s
Already have an account? Log in
50% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
- Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
A good foundation from which to grow
A good foundation from which to grow
CBRE
Poland's role and the strength of its economy are increasingly visible in the European commercial real estate market. We have strengthened our leading position in Central and Easte ...
Zero-emission, zero-backup? The resilience gap in modern building standards
Zero-emission, zero-backup? The resilience gap in modern building standards
Independent Expert
As commercial buildings move rapidly toward full electrification, modern standards optimise for efficiency and emissions – but largely assume uninterrupted power supply. In C ...
Strong warehouse sector whilst capital cautious and offices yet to rebound
Strong warehouse sector whilst capital cautious and offices yet to rebound
Newmark Polska
Poland’s commercial real estate market enters 2026 in good health and with solid growth potential. Warehouses remain one of the strongest sectors in Europe, while constrained ...