KYIV, Feb 21 – Leasing activity in the office real estate market in Kyiv amounted to 40,000 square meters m at the end of 2022, which is only 22% of the volume of 2021 (about 185,000 square meters), the press service of CBRE Ukraine has reported.

"Given the uncertainty about the duration and intensity of the war, the market situation remains fairly homogeneous, where most players have developed a unified strategy – to continue working in difficult conditions, taking a wait-and-see approach to long-term decisions. We expect tenants to remain cautious until there is more predictability in terms of security and the macroeconomic environment," Managing Partner at CBRE Ukraine Serhiy Sergienko said.