Kiev
BOMA, BTI*
Space Measurement Standard
Space Unit of Measure
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Financial Data Currency[1]
Yes
Transfer Taxes
Notes:
*BTI - Bureau of Technical InventoryOffice Occupier Market Condition
Ease of Doing Business – How conducive is the regulatory environment to starting and operating a business. Source: The World Bank, Doing Business – 2020
Labor Cost – Wages for skilled office workers. Source: Global Wage Index, Hickey & Associates 2020
Taxes – Favorability of taxation policies to business. Source: The World Bank, Doing Business – 2020
Tenant Favorable – Assessment of the real estate market condition for office space. Source: Colliers International
Typical Loss Factor
10-19%*From rentable to useable square meters
Loss Factor Notes:
*Common area factorLandlord Concessions
Fit-Out Concession
Amount of Fit-Out Concession
$30/sm-$100/smTypical range of fit-out contribution.
Rent-Free Period
Standard Range of Rent-Free Months
1mo.-6mo.Typical number of rent-free months.
Payment of Fees/Commissions
Lease Provisions
Lease Term
3yrs.-5yrs.Typical lease term in years.
Operating Expenses & Service Charges Included
Additional Charges
$1/sm-$8/smEstimated range for all additional charges per Square Meters.
Additional Charges:
Lease Fundamentals: The following apply to both office and industrial leases.
Lease Execution Requirements:
Requirements Notes:
Typically, 1-month upfront rental payment required and 3-month security depositNegotiated Subletting/Assignment
Landlord Consent: Typically, the landlord's written consent IS still required.
Statutory Subletting/Assignment
Landlord Consent: The Landlord's consent is still required.
Blend & Extend Strategies
Statutory Early Termination
Negotiated Early Termination
Workplace
Regional Office Space
9sm-12smTypical Square Meters per employee (includes office square footage for employees and contractors).
Kiev market is behind.
Desk Sharing
Desk Sharing Average
1Average headcount per workstation.
Urbanization of the workforce is: Not much of a trend in this market
Industrial Occupier Market Condition
Ease of Doing Business – How conducive is the regulatory environment to starting and operating a business. Source: The World Bank, Doing Business – 2020
Labor Cost – Wages for manuafacturing and warehouse/distribution office workers. Source: Global Wage Index, Hickey & Associates 2020
Taxes – Favorability of taxation policies to business. Source: The World Bank, Doing Business – 2020
Tenant Favorable – Assessment of the real estate market condition for industrial space. Source: Colliers International
Landlord Concessions
Fit-Out Concession
Amount of Fit-Out Concession
$20/sm-$50/smTypical range of fit-out contribution.
Fit-Out Cost Notes:
For office space portion of industrial leaseRent-Free Period
Standard Range of Rent-Free Months
1mo.-2mo.Typical number of rent-free months.
Payment of Fees/Commissions
Lease Provisions
Lease Term
3yrs.-5yrs.Typical lease term in years.
Operating Expenses & Service Charges Included
Additional Charges
$0.3/sm-$0.6/smEstimated range in total for all additional charges per Square Meters.
Additional Charges:
Lease Fundamentals: The following apply to both office and industrial leases.
Lease Execution Requirements:
Requirements Notes:
Typically, 1-month upfront rental payment required and 3-month security depositNegotiated Subletting/Assignment
Landlord Consent: Typically, the landlord's written consent IS still required.
Statutory Subletting/Assignment
Landlord Consent: The Landlord's consent is still required.