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IT companies now account for 60 percent of all deals in the Kyiv office rental market, according to the latest report by JLL, a commercial property and investment management firm.

“This is the best result in the history of the Kyiv office market,” Alexandra Globina, head of office group at JLL in Ukraine said. “As both local and international IT companies expand their presence in Kyiv, we expect that the IT sector will continue to be a major occupier of office space.”

However, despite growing demand, office development is still sluggish: the supply of new office space is three times lower this year that it was in the pre-crisis period of 2011 to 2013, Globina said.

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