KYIV, March 1 – More than half of the companies renting office space in Kyiv do not plan to abandon their lease, they are considering various options for optimizing rental costs, according to a CBRE Ukraine survey.

"Moving is a rather expensive procedure. Even moving to an office with a ready or partial renovation requires relocation costs, bringing a new office to the format necessary for the company's operation is a rather expensive part. Therefore, most of the companies, more than 50%, still choose to stay in leased premises today," Yaroslav Horbushko, Director of the Capital Market Department at CBRE Ukraine, said during the URE Club's online conference Results of 2022 and forecasts for 2023 on Tuesday.