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Main » Articles » Real Estate » Offices

Offices are growing in price

Commercial real estate market began to emerge from the crisis. More demand for offices of the middle class - the price for them since the beginning of the year rose by 10%.

From the beginning, the cost of renting office space in Kyiv rose by 5-10%. Mostly it concerns office class B and C, whose prices are $ 15-20 per square. m. As noted by developers, the greatest demand is for objects of two types - an area of 50-80 square meters. m in the center and office area of 100-120 square meters. m in the nearby areas, says Case.

"Besides, now we are seeing increased market large office space. In the agency is constantly calling potential customers for advice on such objects ", - said a leading specialist in real estate Klovskiy branch of real estate agency branch" Blagovest "Svetlana Vygovsky.

Mystery Class A

The most added in the price of office space in the class in the capital Pecherskikh Limes, in the streets Khreschatyk and Chervonoarmijs'ka. "Now you can rent good office space - $ 15 per square. m. If this is a room with a separate entrance, then the price will increase to $ 25 per square. m ", - said director of marketing SV Development Vladimir Stepenko.

At the same time, the rental value of Class A space remained at the level of last March. "Last year, the cost of office rental of high class fell by 50%, and many companies have changed the class B to class A", - says the adviser's investment banking department of SG "Dragon Capital" Alex mirror.

Thus, landlords are now not raise prices because more stable clients, who pay an average price than the search for a new order is not such a big advantage. According to experts, if the Class A office vacancy stood at 2%, then the price began to "boom".

The growth of the value of office rental experts primarily due to the stabilization of political situation in the country. In addition, for several consecutive months, the national currency does not show sharp fluctuations against the dollar and euro.

"The real estate market begins to emerge from stagnation. During recession always begins sustained recovery and only then strong growth ", - says Vladimir Stepenko. Also, the increase in costs associated with seasonality. Typically, after the winter the number of transactions for the sale and lease of real estate increases.

Market recovers

According to the forecasts of market players, by 2011, projects in real estate will be showing the greatest growth. "In line with our predictions, commercial real estate market will come to" pre-crisis "level by fall of this year.

For us it is 50-70 calls from potential customers in a week. Today the figure is 20-35 calls. Although it is still 3-5 months ago interest was fickle "- sums up Svetlana Vygovsky.

Category: Offices | Added by: Дмитрий (01.04.2010) W
Views: 346 | Rating: 0.0/0

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