Kiev entered the top three world leaders to reduce the cost of retail space in the I quarter of 2009
Compared with the same period last year, rates fell by 32%. Surpassed our capital only Buenos Aires and Warsaw. Experts predict that even with optimistic projections, the decline in the segment in Kiev to continue at least another 10%.
According to a study
CB Richard Ellis, Kiev was the third place on the level of incidence rates. A record decline in rental rates was recorded in Buenos Aires, where the cost of renting commercial space at 37% cheaper. The next largest town in decline became Warsaw, where the cost of renting 1 apt. m decreased by 33%.
Among the most expensive cities in the world for the cost of commercial premises leading position is still New York, even though the 10% decline of rental rates. Rental 1 quarter. m in the best commercial sites in New York is $ 1615 a month, almost twice higher than in Hong Kong ($ 875 per 1 sq. km. m per month), which ranks second in the ranking of most expensive cities in the world. Moscow ahead of Tokyo, rising to third position to fourth, followed by Paris, while the Tokyo in the list of leaders is only the fifth place.
in Kiev, according to a report of CB Richard Ellis, the degree of lowering lease rates vary greatly depending on the trade center, the size of the section and the tenant profile. A particularly large (50-70%) reduction in the cost of the lease was recorded in shopping centers with ill-placed or serious conceptual errors, whichfall in attendance and, as a result, sales volume was the highest. In first-class facilities reducing rental rates occurred at the level of 30-40%.
We continue to free space in the shopping center. This is still little or no regard to a successful shopping center or large lots. In the main travel stores up to 100 square meters. m. More recently, they were joined by halls of slot machines. Declining occupancy and complexity recruitment of the stated rate, or the owners are forced to reduce the rate or cut into the land to a small tenant - describe the current situation in the capital, analysts Ukrainian Trade Guild .
Consumer demand has demonstrated a negative trend in most regions of the world. The demand for retail space by retailers has declined significantly. The vast majority of retailers to continue to refrain from expansion and close unprofitable stores. At the same time, there are some exceptions - food retail - network specializing in products of low price positioning, feel quite good, and some even expressed a willingness to grow - note the analysts CB Richard Ellis.
They agreed and Natalia Mechenkova, Director of External Relations IIR Cascade: The forecast in Ukraine - a rather ungrateful occupation, as verified in addition to economic, social and political steps that are specific to countries in Europe, we can always be circumstances or conditions that change the objective and predictable course of events. Now on the commercial real estate market feel good about shopping. Reduced rental rates, providing vacation rental and additional benefits to tenants of the shopping center helped save the pool of tenants. summer is traditionally livelier trade in resort towns. According to her, in the end, according to the company's Cascade at the end of July 2009, the rates of rent in shopping center in Ukraine dropped to 60% compared with the period of market growth. We can say that some operators are trying to lower the rate by 10%. Some will be able to do it. It was the situation until the end of the year is unlikely to change. Trade will live, figuratively speaking, of celebration for the holiday - when the sales volume increased slightly, offsetting everyday life , - adds Ms Mechenkova.
Since early 2009, base rental rates for units of 100-300 square meters. m decreased by 30-40% in dollar terms, - explains Natalia Kravets, the head of department of commercial real estate Colliers International (Ukraine). According to her, a vacant shopping malls with an average of 4-5% is very varied, depending on the object. Thus, the level of vacancies in successful shopping centers is 1-2%, while less successful - 5-7%. According to statistics from Colliers International (Ukraine), where in 2008 one of the most expensive TRTS Kiev Globus I rate was $ 200-250 per 1 sq. km. m per month in sections of 100-300 square meters. m, in July this year - $ 120-150 per 1 sq. km. m per month, in fact, returned to the level of 2006 in the popular TRTS Caravan average rates also fell - from $ 150-200 per 1 sq. km. m per month in the past year to $ 100-140 now. A TC Piramida drop even more significantly - from $ 80-190 in 2008 to $ 50-70 as of July this year Most likely, before the end of 2009, rental rates have declined slightly to a level of 2005-2006. Grivnevom equivalent to, - predicts Nataliya Kravets.
projected managing partner of CB Richard Ellis in Ukraine Sergey Sergienko, with no significant deterioration in the macroeconomic situation, until the end of 2009 should expect lower rental rates by 5-10% in dollar terms and their subsequent stabilization. In doing so, it suggests that consumer demand will start to grow earlier than in 2010
EC and international financial institutions have reached an agreement with Ukraine on the reform of the Ukrainian gas sector
In Kiev peresohli well-room
Tax fat Excise on tobacco
Pubs sat on a diet
Eurobonds of Ukraine completed the week with major note
Kwa-Kwa-park
Over the past day in the United States destroyed 5 banks
Strada has crossed the equator
The stakes in the supermarket still fall
Kiev entered the top three world leaders to reduce the cost of retail space in the I quarter of 2009
Compared with the same period last year, rates fell by 32%. Surpassed our capital only Buenos Aires and Warsaw. Experts predict that even with optimistic projections, the decline in the segment in Kiev to continue at least another 10%.
According to a study
CB Richard Ellis, Kiev was the third place on the level of incidence rates. A record decline in rental rates was recorded in Buenos Aires, where the cost of renting commercial space at 37% cheaper. The next largest town in decline became Warsaw, where the cost of renting 1 apt. m decreased by 33%.
Among the most expensive cities in the world for the cost of commercial premises leading position is still New York, even though the 10% decline of rental rates. Rental 1 quarter. m in the best commercial sites in New York is $ 1615 a month, almost twice higher than in Hong Kong ($ 875 per 1 sq. km. m per month), which ranks second in the ranking of most expensive cities in the world. Moscow ahead of Tokyo, rising to third position to fourth, followed by Paris, while the Tokyo in the list of leaders is only the fifth place.
in Kiev, according to a report of CB Richard Ellis, the degree of lowering lease rates vary greatly depending on the trade center, the size of the section and the tenant profile. A particularly large (50-70%) reduction in the cost of the lease was recorded in shopping centers with ill-placed or serious conceptual errors, whichfall in attendance and, as a result, sales volume was the highest. In first-class facilities reducing rental rates occurred at the level of 30-40%.
We continue to free space in the shopping center. This is still little or no regard to a successful shopping center or large lots. In the main travel stores up to 100 square meters. m. More recently, they were joined by halls of slot machines. Declining occupancy and complexity recruitment of the stated rate, or the owners are forced to reduce the rate or cut into the land to a small tenant - describe the current situation in the capital, analysts Ukrainian Trade Guild .
Consumer demand has demonstrated a negative trend in most regions of the world. The demand for retail space by retailers has declined significantly. The vast majority of retailers to continue to refrain from expansion and close unprofitable stores. At the same time, there are some exceptions - food retail - network specializing in products of low price positioning, feel quite good, and some even expressed a willingness to grow - note the analysts CB Richard Ellis.
They agreed and Natalia Mechenkova, Director of External Relations IIR Cascade: The forecast in Ukraine - a rather ungrateful occupation, as verified in addition to economic, social and political steps that are specific to countries in Europe, we can always be circumstances or conditions that change the objective and predictable course of events. Now on the commercial real estate market feel good about shopping. Reduced rental rates, providing vacation rental and additional benefits to tenants of the shopping center helped save the pool of tenants. summer is traditionally livelier trade in resort towns. According to her, in the end, according to the company's Cascade at the end of July 2009, the rates of rent in shopping center in Ukraine dropped to 60% compared with the period of market growth. We can say that some operators are trying to lower the rate by 10%. Some will be able to do it. It was the situation until the end of the year is unlikely to change. Trade will live, figuratively speaking, of celebration for the holiday - when the sales volume increased slightly, offsetting everyday life , - adds Ms Mechenkova.
Since early 2009, base rental rates for units of 100-300 square meters. m decreased by 30-40% in dollar terms, - explains Natalia Kravets, the head of department of commercial real estate Colliers International (Ukraine). According to her, a vacant shopping malls with an average of 4-5% is very varied, depending on the object. Thus, the level of vacancies in successful shopping centers is 1-2%, while less successful - 5-7%. According to statistics from Colliers International (Ukraine), where in 2008 one of the most expensive TRTS Kiev Globus I rate was $ 200-250 per 1 sq. km. m per month in sections of 100-300 square meters. m, in July this year - $ 120-150 per 1 sq. km. m per month, in fact, returned to the level of 2006 in the popular TRTS Caravan average rates also fell - from $ 150-200 per 1 sq. km. m per month in the past year to $ 100-140 now. A TC Piramida drop even more significantly - from $ 80-190 in 2008 to $ 50-70 as of July this year Most likely, before the end of 2009, rental rates have declined slightly to a level of 2005-2006. Grivnevom equivalent to, - predicts Nataliya Kravets.
projected managing partner of CB Richard Ellis in Ukraine Sergey Sergienko, with no significant deterioration in the macroeconomic situation, until the end of 2009 should expect lower rental rates by 5-10% in dollar terms and their subsequent stabilization. In doing so, it suggests that consumer demand will start to grow earlier than in 2010
EC and international financial institutions have reached an agreement with Ukraine on the reform of the Ukrainian gas sector
In Kiev peresohli well-room
Tax fat Excise on tobacco
Pubs sat on a diet
Eurobonds of Ukraine completed the week with major note
Kwa-Kwa-park
Over the past day in the United States destroyed 5 banks
Strada has crossed the equator
What happens with cable TV?