Kyiv & Regions Retail Market – 2018: Strengthening Rents as Market Awaits New Development Kick-Offs

2018 was marked by sustained growth in retail turn over(+ 2.7%y-o-y), feeding into higher demand for retail space from new and existing retailers. The degree of price-sensitivity was positively in fluenced by a 10.2% y-o-y increase in the real wage rate in Kyiv.

Constrained by NBU’s multiple policy rate hikes, CPI reached 109.8 by December 2018, slowing down from last year’s 113.7 indicator, albeit stil lremaining above NBU’s target of 6% +-2pp.

More information you can find in the CBRE Ukraine presentation:

CBRE_Kyiv-Retail-Market-Report_2018_ENG-1

Read more –

H & M, IKEA, Decathlon, Rive Gauche and others: 10 main events in the retail and development of Ukraine for the 2018th