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• In Q1 2016, no new quality retail space entered the market. Announced completions for 2016 total 166,000 sq m.• In the beginning of 2016, the retail turnover in Kiev showed growth for the first time since April 2014. Ukrainian retail chains increase their presence in quality shopping centers.• In Q1 2016, the vacancy rate in Kiev reached 6.2%, 1.0 pp less than in Q4 2015 and 3.0 pp less than in Q1 2015.• In Q1 2016, prime base rent was unchanged at USD720sq m per annum (excluding VAT and OPEX).
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26 April 2016