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Take-up of Kyiv warehouse space surged 63% last year to near pre-war levels, CBRE says

Photo by CHUTTERSNAP / Unsplash

The annual take-up of warehouse space in the Kyiv market returned to near pre-war levels last year, driven by a surge in pre-leases for developments nearing completion, according to a study by CBRE Ukraine.

Annual take-up in Kyiv totaled 167,000 in the year, an increase of 63% from 2023 and just 3% below the level of 2021, the last year before the full-scale Russian invasion, said CBRE, the world's largest commercial real estate and investment services firm.

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