Fueled by online commerce and growing demand for faster delivery, Kyiv’s warehouses were in demand as never before in 2020, renting storage areas at prices even higher before the pandemic — up to $5.5 per square meter.

Fueled by online commerce and growing demand for faster delivery, Kyiv’s warehouses were in demand as never before in 2020, renting storage areas at prices even higher before the pandemic — up to $5.5 per square meter.

According to a report by the Cushman & Wakefield real estate consultancy, new supply in Kyiv’s logistics property sector exceeded 85,000 square meters in 2020, which is the largest annual new supply for the past six years.

Source: www.kyivpost.com

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