KYIV, Jan 29 – Dragon Capital Investment Group predicts the further growth of rental rate for commercial real estate in Kyiv along with the reduction in the number of vacant space and the slow construction of new facilities.

"We see an increase in revenues thanks to growth in rental rates and a decrease in vacancy rates: for the third year, revenues are growing by 15% in U.S. dollars. With the current market situation, when almost nothing is being built – about 50,000 square meters are introduced per year with the demand of 200,000 square meters – there will not be vacant offices at the end of this year, and this will continue to push up the rate growth," Dragon Capital CEO Tomas Fiala said during the Global Outlook 2019 conference organized by the European Business Association (EBA) in Kyiv on Tuesday.