Rental properties fell in Dnepropetrovsk! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
Rental rates for retail space in Dnepropetrovsk plummeted...In Dnepropetrovsk cheaper commercial propertyRental rates for retail space in Dnepropetrovsk plummeted. In addition, rapidly growing offer for sale of commercial real estate.Wanting to rent a commercial space in Dnepropetrovsk decreased by half since the beginning of autumn, told the "Business capital" Director of "Dnipro-estate" Vladimir Grigoriev. According to her, the owners of some facilities had reduced the price by 20-30%.The price of the room dropped significantly. If in September, the average Price per square meter of retail space in Dnepropetrovsk was about $3 thousand, but now the cost of meters fell to $2 thousand Experts predict reduction of commercial real estate in twice before the end of the year.According to the Deputy Director an "Union" M. Shevchenko, the number of transactions of sale and purchase of retail space in their company decreased by 50%, which is typical for an "Univest-realty. Most buyers took a wait and not hurry to invest in the rapidly declining areas, they say. Besides, there is no way to get a favorable Bank loan.Rental rates for retail space Dnepropetrovsk still kept at the level of $50-70 per sq m in the center and $20-30/sq m in the suburbs, said V. Grigorieva.