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Kiev real estate rates to rise 10% to 12%, company predicts
Journal Staff Report

KIEV, Nov. 11 ??“ Kiev's market for office real estate is experiencing shortages in all segments and could easily absorb new areas, so by the end of 2005 rent rates will grow by 10-12%, experts from real estate company Astera believe.

In their commercial real estate market review, they say that the demand and supply can equalize only after the introduction of an additional 150,000 square meters of office space, and complete market satiation is possible only in a few years, when 14 office centers, of which construction has just began, will be commissioned.




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