You're reading: Supply of logistics space in Kyiv could reach 160,000 square meters in 2013

The new supply of logistics space in Kyiv region in 2013 could come to some 159,000 square meters, reads a survey of the commercial property market in Ukraine for the fourth quarter of 2012 drawn up by DTZ (Kyiv).

“The new supply of logistics space that will be commissioned on the market in Kyiv region in 2013 could potentially be nearly 159,000 square meters, of which only 47% are premises of a speculative character,” reads the survey.

DTZ said that in 2013, the following speculative logistics centers will be commissioned in Kyiv region: Terminal Bucha, Kyivshchyna Terminal, Avtek Logistic and the third phase of a logistics complex being built for the needs of Fozzy Group.

According to the survey, last year seven logistics facilities with a total gross area of around 107,630 square meters were commissioned in Kyiv region, which is 31% up on 2011.

“At the end of 2012, the total area of modern logistics space in Kyiv region came to some 1.44 million square meters,” reads the report.

DTZ said that in October-December 2012, around 62,000 square meters of logistics space was leased in Kyiv region, which is 24% up year-over-year, although this is 8% down on Q3, 2012.

DTZ was founded in 1994. Since December 2011, it has been part of UGL Services, a subdivision of UGL Limited.

The company provides comprehensive services to corporate clients and lessees, as well as offering solutions to investors in real estate, leasing, management, and maintenance of real estate, construction management and project management, the assessment of facilities, and asset management and investment.

DTZ has 47,000 personnel, including contractors, operating across 208 offices in 52 countries.

Key logistics facilities to be commissioned in Kyiv region in 2013:

PeriodFacilityLocationGross area (sq m)Origin of developer
Q2, 2013A warehouse complexM-01, E95 highway100,000Ukraine
Q4, 2013Bucha TerminalM-07, E373 highway31,600Ukraine
Q2-Q3, 2013Avtek LogisticKyiv city17,500Ukraine
Q1, 2013Kyivshchyna TerminalOrbital road of Kyiv10,000Ukraine