KIEV, Feb. 25 – The vacancy rate in business centers in Kiev in February grew more than eightfold compared to September 2008, reaching 25%.

The trend mainly affected A-class business centers located in downtown Kiev, according to a Concorde Development survey of the Kiev office real estate market.

The company said that the structure of demand also changed on the Kiev office real estate market. Potential leasers are now switching to smaller spaces or premises that are not meant for offices.