In the second quarter of 2014:
- The office market in Kiev saw an increase in vacancy rates to 22% due to new supply exceeding demand, while rental rates decreased for newer buildings.
- The hotel market continued to be negatively impacted by a reduction in tourist flows and business travel due to political tensions, lowering occupancy rates.
- Residential real estate demand increased after falling in the first quarter, but prices continued their downward trend as supply exceeded demand.
Economic and real estate indicators for industrial and logistics markets across EMEA remained positive in the first half of 2018, despite protectionism fears and impending barriers to trade in the overall economy. Demand for Grade A industrial and logistics space remained unabated and would have been higher were it not for constrained availability.
http://www.colliers.com/en-gb/emea/research
U.S. Books Printing Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Books Printing Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. books printing market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
EU: Silver Ores And Concentrates - Market Report. Analysis And Forecast To 2020IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Silver Ores And Concentrates - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU silver ore market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
Highlights:
In August, annual inflation returns to positive territory
Manufacturing growing fast in July
External complications do not impair Latvia's exports going uphill
Sadaļā In Focus:
Research: Latvia's 2008-2009 wage adjustment stronger than thought before, by Ludmila Fadejeva and Olegs Krasnopjorovs
El Informe País sobre España muestra un crecimiento sólido, sostenible y más intenso que otros mercados periféricos de la Eurozona.
Tras dos años de contracción, los últimos indicadores de actividad señalan que la recuperación económica de España está tomando impulso. El informe país sobre España que hoy difundimos a nuestros asegurados en 50 países, muestra un rendimiento económico resistente y sostenible y una recuperación más intensa que la de otros mercados periféricos de la Eurozona.
La economía española lleva ya cuatro trimestres seguidos de crecimiento y en el segundo trimestre de 2014, el PIB registró el mayor incremento trimestral desde el primer trimestre de 2007. El aumento de la demanda externa y la mayor confianza empresarial han estimulado la inversión empresarial, mientras que la recuperación del mercado laboral y la demanda contenida de bienes de consumo duraderos han incrementado el consumo privado. Los componentes privados de la demanda interna, básicamente consumo e inversiones, han sido el pilar del crecimiento del PIB en lo que va de 2014 y se espera que se mantengan su solidez en la segunda mitad del año.
El crecimiento está teniendo un impacto positivo en el mercado laboral. El desempleo ha registrado su mayor descenso desde 2006. No obstante, aún existen algunos problemas importantes en el mercado laboral español: el 15% de la población activa ha permanecido desempleada durante más de un año y el desempleo juvenil sigue siendo alto, el 55%. Se espera que el desempleo no baje del 20% durante al menos otros cuatro años.
Actualmente, toda la Eurozona se enfrenta a una reducción de la inflación, lo que inquieta a algunos de sus Estados miembros como España, donde la inflación ha caído bajo cero en 2014. Las medidas anunciadas por el Banco Central Europeo y la creciente demanda interna deberían llevar al aumento de precios de consumo hasta el 0,9% en 2015.
La competitividad internacional de España está mejorando y el sector exportador es relativamente sólido y competitivo. 2007 ha sido el único año reciente en el que la contribución de las exportaciones netas al PIB fue negativa. La comparación basada en el tipo de cambio efectivo real, que mide la competitividad internacional de un país al modificarse costes y precios, muestra que todavía hay un margen considerable de mejora. En 2013, la balanza por cuenta corriente registró su primer superávit desde 1986 y en 2014 se espera otro superávit, reflejo de las mejoras estructurales en competitividad internacional. España registró un sólido rendimiento en exportaciones en 2013, ofreciendo una favorable mezcla de productos y diversificando los mercados de exportación. Aunque Francia y Alemania siguen siendo destinos clave de exportación, España ha aumentado los envíos a mercados emergentes en África, América Latina y Oriente Medio. Asimismo, la inversión extranjera directa ha mejorado y se encuentra a buen n
Economic and real estate indicators for industrial and logistics markets across EMEA remained positive in the first half of 2018, despite protectionism fears and impending barriers to trade in the overall economy. Demand for Grade A industrial and logistics space remained unabated and would have been higher were it not for constrained availability.
http://www.colliers.com/en-gb/emea/research
U.S. Books Printing Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Books Printing Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. books printing market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
EU: Silver Ores And Concentrates - Market Report. Analysis And Forecast To 2020IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Silver Ores And Concentrates - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU silver ore market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
Highlights:
In August, annual inflation returns to positive territory
Manufacturing growing fast in July
External complications do not impair Latvia's exports going uphill
Sadaļā In Focus:
Research: Latvia's 2008-2009 wage adjustment stronger than thought before, by Ludmila Fadejeva and Olegs Krasnopjorovs
El Informe País sobre España muestra un crecimiento sólido, sostenible y más intenso que otros mercados periféricos de la Eurozona.
Tras dos años de contracción, los últimos indicadores de actividad señalan que la recuperación económica de España está tomando impulso. El informe país sobre España que hoy difundimos a nuestros asegurados en 50 países, muestra un rendimiento económico resistente y sostenible y una recuperación más intensa que la de otros mercados periféricos de la Eurozona.
La economía española lleva ya cuatro trimestres seguidos de crecimiento y en el segundo trimestre de 2014, el PIB registró el mayor incremento trimestral desde el primer trimestre de 2007. El aumento de la demanda externa y la mayor confianza empresarial han estimulado la inversión empresarial, mientras que la recuperación del mercado laboral y la demanda contenida de bienes de consumo duraderos han incrementado el consumo privado. Los componentes privados de la demanda interna, básicamente consumo e inversiones, han sido el pilar del crecimiento del PIB en lo que va de 2014 y se espera que se mantengan su solidez en la segunda mitad del año.
El crecimiento está teniendo un impacto positivo en el mercado laboral. El desempleo ha registrado su mayor descenso desde 2006. No obstante, aún existen algunos problemas importantes en el mercado laboral español: el 15% de la población activa ha permanecido desempleada durante más de un año y el desempleo juvenil sigue siendo alto, el 55%. Se espera que el desempleo no baje del 20% durante al menos otros cuatro años.
Actualmente, toda la Eurozona se enfrenta a una reducción de la inflación, lo que inquieta a algunos de sus Estados miembros como España, donde la inflación ha caído bajo cero en 2014. Las medidas anunciadas por el Banco Central Europeo y la creciente demanda interna deberían llevar al aumento de precios de consumo hasta el 0,9% en 2015.
La competitividad internacional de España está mejorando y el sector exportador es relativamente sólido y competitivo. 2007 ha sido el único año reciente en el que la contribución de las exportaciones netas al PIB fue negativa. La comparación basada en el tipo de cambio efectivo real, que mide la competitividad internacional de un país al modificarse costes y precios, muestra que todavía hay un margen considerable de mejora. En 2013, la balanza por cuenta corriente registró su primer superávit desde 1986 y en 2014 se espera otro superávit, reflejo de las mejoras estructurales en competitividad internacional. España registró un sólido rendimiento en exportaciones en 2013, ofreciendo una favorable mezcla de productos y diversificando los mercados de exportación. Aunque Francia y Alemania siguen siendo destinos clave de exportación, España ha aumentado los envíos a mercados emergentes en África, América Latina y Oriente Medio. Asimismo, la inversión extranjera directa ha mejorado y se encuentra a buen n
EU: Newsprint – Market Report. Analysis and Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Newsprint - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU newsprint market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
EU: Keyboards – Market Report. Analysis and Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Keyboards - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU keyboard market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
EU: Laptop Pcs and Palm-Top Organizers – Market Report. Analysis and Forecast...IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Laptop Pcs and Palm-Top Organizers - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU laptop PC market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
We take a look at the performance of the South African economy during the fourth quarter of 2016.
For more on GDP visit
http://www.statssa.gov.za/?p=9622
EU: Gold Ores And Concentrates - Market Report. Analysis And Forecast To 2020IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Gold Ores And Concentrates - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU gold ore market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
U.S. Polish And Other Sanitation Goods Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Polish And Other Sanitation Goods Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. polish and other sanitation goods market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
EU: Parts And Accessories Of Motor Vehicles - Market Report. Analysis And For...IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Parts And Accessories Of Motor Vehicles - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU motor vehicle accessory market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
Tenant demand for modern logistics and manufacturing space in Poland is growing at a rapid pace. In H1 2017, warehouse supply totalled 707,000 sq m while take-up hit a record high of 1,786,000 sq m, as revealed in Cushman & Wakefield’s report “MARKETBEAT: Polish Industrial Market in H1 2017”.
EU: Chromium Ores And Concentrates - Market Report. Analysis And Forecast To ...IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Chromium Ores And Concentrates - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU chromium ore market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
Technology, Business Services, Industrials, Financial Services and Transportation & Logistics were the most active sectors, accounting for 65% of total deal volume.
EU: Platinum Ores And Concentrates - Market Report. Analysis And Forecast To ...IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Platinum Ores And Concentrates - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU platinum ore market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
U.S. Telephone Apparatus Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Telephone Apparatus Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. telephone apparatus market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
EU: Newsprint – Market Report. Analysis and Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Newsprint - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU newsprint market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
EU: Keyboards – Market Report. Analysis and Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Keyboards - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU keyboard market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
EU: Laptop Pcs and Palm-Top Organizers – Market Report. Analysis and Forecast...IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Laptop Pcs and Palm-Top Organizers - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU laptop PC market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
We take a look at the performance of the South African economy during the fourth quarter of 2016.
For more on GDP visit
http://www.statssa.gov.za/?p=9622
EU: Gold Ores And Concentrates - Market Report. Analysis And Forecast To 2020IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Gold Ores And Concentrates - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU gold ore market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
U.S. Polish And Other Sanitation Goods Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Polish And Other Sanitation Goods Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. polish and other sanitation goods market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
EU: Parts And Accessories Of Motor Vehicles - Market Report. Analysis And For...IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Parts And Accessories Of Motor Vehicles - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU motor vehicle accessory market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
Tenant demand for modern logistics and manufacturing space in Poland is growing at a rapid pace. In H1 2017, warehouse supply totalled 707,000 sq m while take-up hit a record high of 1,786,000 sq m, as revealed in Cushman & Wakefield’s report “MARKETBEAT: Polish Industrial Market in H1 2017”.
EU: Chromium Ores And Concentrates - Market Report. Analysis And Forecast To ...IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Chromium Ores And Concentrates - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU chromium ore market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
Technology, Business Services, Industrials, Financial Services and Transportation & Logistics were the most active sectors, accounting for 65% of total deal volume.
EU: Platinum Ores And Concentrates - Market Report. Analysis And Forecast To ...IndexBox Marketing
IndexBox Marketing has just published its report: “EU: Platinum Ores And Concentrates - Market Report. Analysis And Forecast To 2020”. This report focuses on the EU platinum ore market, providing a comprehensive analysis and the most recent data on its market size and volume, EU trade, price dynamics, domestic production, and turnover in the industry. The market trends section reveals the main issues and uncertainties concerning the industry, while the medium-term outlook uncovers market prospects. The attractivity index (IB Index) summarizes the source of existing opportunities as they appear in this market, as well as an interpretation of the trade figures.
U.S. Telephone Apparatus Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Telephone Apparatus Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. telephone apparatus market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
US Energy Consumption by State as of 2005Bruce LaCour
The attached was completed in 2006 and was inspired by a presentation by the late Matt Simmons, author of "Twilight in the Desert", and who made frequent presentations on peak oil and water shortages. The data is old, but little has changed since 2005. This will be the starting point for future presentations on the state of energy consumption in the various states of U.S.A. and what the future may bring.
Pesquisa - Equipamentos para transmissão e distribuição de energia [Revista O...atitudeeditorial
Linhão de Belo Monte deve aquecer setor de transmissão
Levantamento da Abinee afirma dependência do mercado de GTD de encomendas de leilões de transmissão e de geração. Já os agentes do setor de distribuição continuam apreensivos
Most current 3D TV glasses are matched, not universal, and as the Bluetooth technology in 3D glasses, this phenomenon will be broken. To the game as the leading home entertainment equipment is moving towards a Bluetooth wireless connection times, not only by the limitations of the Bluetooth technology breakthroughs wired connection, while also providing a safe, stable, efficient and robust wireless connection.
Getting your CV noticed by potential employers or recruiters is a tough task, quite simply due to the increased competition today. With hundreds of personal profiles passing their desks each day, make sure yours isn't the one that's riddled with mistakes. Take a look at this visual outlining 10 CV mistakes to avoid.
Mumbai Real Estate Outlook January - June 2014Anil GROVER
Mumbai Real Estate Outlook January - June 2014, Market Overview, DEMAND AND SUPPLY TREND, CITY-WISE LAUNCHES: H1 Trend, CITY-WISE ABSORPTION, WEIGHTED AVERAGE PRICE INDEX, TICKET SIZE SPLIT OF LAUNCHED UNITS, RESIDENTIAL MARKET HEALTH, VACANCY TREND, NEW COMPLETION & ABSORPTION/VACANCY, DEAL SIZE ANALYSIS, RENTAL INDEX MOVEMENT,
The world’s dominant commercial real estate markets have moved into 2014 in better shape than at any time since the Global Financial Crisis of 2008-2009.
Capital markets are exhibiting remarkable strength and the disconnect, that has emerged over the past two years between a more cautious occupational market, is showing signs of narrowing.
Jones Lang Lasalle Report on Global Real Estate Prospective for Third quarter of 2014.
World GDP output is now forecast to rise by 3% in 2014. The prediction has been revised lower this quarter largely as a consequence of the steep U.S. downgrade, and GDP growth now stands at a similar rate to last year.
Even before this change, emerging markets had the most dynamic outlook, continuing the post-crisis trend. But the balance is still slowly tipping back towards the developed world, where a steady upturn is in prospect.
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Subhajit Sahu
Abstract — Levelwise PageRank is an alternative method of PageRank computation which decomposes the input graph into a directed acyclic block-graph of strongly connected components, and processes them in topological order, one level at a time. This enables calculation for ranks in a distributed fashion without per-iteration communication, unlike the standard method where all vertices are processed in each iteration. It however comes with a precondition of the absence of dead ends in the input graph. Here, the native non-distributed performance of Levelwise PageRank was compared against Monolithic PageRank on a CPU as well as a GPU. To ensure a fair comparison, Monolithic PageRank was also performed on a graph where vertices were split by components. Results indicate that Levelwise PageRank is about as fast as Monolithic PageRank on the CPU, but quite a bit slower on the GPU. Slowdown on the GPU is likely caused by a large submission of small workloads, and expected to be non-issue when the computation is performed on massive graphs.
Explore our comprehensive data analysis project presentation on predicting product ad campaign performance. Learn how data-driven insights can optimize your marketing strategies and enhance campaign effectiveness. Perfect for professionals and students looking to understand the power of data analysis in advertising. for more details visit: https://bostoninstituteofanalytics.org/data-science-and-artificial-intelligence/
2. SUPPLY
In 2014, over 158,000 sq.m are scheduled to
delivery. In case all the announced projects
will be completed in time, the total market
supply will amount to 1,814,000 sq.m and will
result 9% increase of the total office stock in
Kiev. In 2Q 2014, over 84,000 sq.m. of new
office space have been delivered on the
market. The most outstanding among them
are BC ‘Domino’ and BC ‘IQ Business
Center’.
DEMAND
The volume of office space leased in the
Ukrainian capital in the second quarter
reached about 18,000 sq m (GLA). It is by
28% less in comparison with the same period
in 2013. But, nevertheless, this figure is
higher than in 1Q 2014 by 40%.
Tenants in Kiev and other big cities reduce
their leased areas.
VACANCY AND RENTS
the overall vacancy rates in Kiev at the end of
2Q 2014 increased by 2% and reached 22%,
driven by exceeding of new supply over take-up
level.
Traditionally, vacancy in Class A offices is
higher than in Class B: in 2Q 2014 Class A
vacancy rates were at the level of 31%, and
nearly 20% in the Class B.
Asking rents in business centers delivered to
the market earlier before Y2012 (‘old’ group,
represented by Parus, Leonardo 1 phase) are
higher and can be treated as market prime
rents, which are USD 34-36/ m2 / month
triple net. ‘New group’ (built after 2012)
provides more aggressive policy: their prime
rents started from USD 24 / m2 / month to
USD 35 / m2 / month.
OUTLOOK
In 2014, a significant volume of new supply
conjoined with the further destabilization of
economic and political situation in Ukraine,
has negatively affected office market
balance. Tenants turn to reduce spaces for
business, rental rates are under the pressure
of insufficient demand as well as grown up
competition. Developers look cold suspicion
on new business project and prefer to work
with already existing developments.
OFFICE
Q2 2014
90.0
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0
1800.0
1750.0
1700.0
1650.0
1600.0
1550.0
1500.0
1450.0
1400.0
DYNAMICS OF OFFICE SPACE SUPPLY, THS SQM
Total New Take up
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
35.00%
30.00%
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%
VACANCY, %
Total Class A Class B
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
3. SUPPLY
In Q2 2014 there was only one new hotel in
Kiev - Park Inn by Radisson with 199 rooms
in 3 stars category.
Thereby, there are approximately 10,300
rooms of different categories on Kiev hotel
market, and the biggest share in structure is
represented by 3 stars hotels.
According to experts, hospitality market in the
capital of Ukraine is oversaturated, so,
developers’ attention should be concentrated
on regional markets. The most preferable
among them are Odessa, Donetsk, Lviv,
Kharkiv markets.
DEMAND
Political tensions in the country caused a
reduction of tourist flows and demand for
hotel rooms as well. The average projected
fall is 20%.
OCCUPANCY AND RENTS
Business trips to Ukrainian capital step by
step return to the normal level, nevertheless,
the amount of business guest from Russia
remain stable low. So, in the Q3-4 2014
market expects renewal of occupancy levels
at 35-45%, consider that dynamics of the last
group of visitors’ inflow in the future is
uncertain.
OUTLOOK
According to the developers’
announcements, the total supply of hotel
rooms in Kyiv in 2014 may increase by 5% in
2014 and more than 15% during the next
years.
International and local developers maintain
their interest in regional markets, in mid-range
and economy segment. There are only
few projects in the capital and their amount is
not expected to increase. The future
development of the Kiev hotel market may
hang upon only reconstruction of the existing
facilities.
HOSPITALITY
Q2 2014
4,610 4,610
4,809
5,000
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
End 0f 2013 1Q 2014 Q2 2014
5*
4*
3*
2*
1*
SUPPLY OF ROOMS, %
STARS UAH EUR
Q1 2014 Q2 2014 Q1 2014 Q2 2014
3 1,150 955 77 61
4 1,990 1800 133 114
5 5,500 3245 365 205
4. SUPPLY
Kiev primary residential real estate market
supply starts to increase in April up to the end
of Q2 2014. Secondary market supply
dynamics wasn’t one valued: despite rather
big growth in Q1 2014, it has dropped
significantly in May, with further improving in
June. Rental market supply has decreased
slightly after significant apartment’s vacancy
in Q1 2014. Step by step live in Kiev become
suffer and after president elections business
continue to develop, so, a part of vacant
spaces was took up.
DEMAND
Demand for residential premises in Q2 2014
has shown a remarkable increase after
outstanding fall in Q1 2014. Such growth has
been driven by demand that comes from
Donbas movers, as well as by rather flexible
pricing policy of sellers, particularly on the
primary market.
The rental market was traditionally more
active than sales market. Demand has
grown, approximately by 50% in comparison
with Q1 2014 and by 8-9% in comparison
with the same period last year.
PRICES AND RENTS
During 2013 prices for apartments on primary
market had mostly negative dynamics. A
slight decrease was observed on secondary
market as well. In Q2 2014 supply dominates
demand, so a competition to win a client
powers up.
In Q2 2014 prices on rental market has
decreased by 7-8% averagely. More
significant reduction was observed in
economy and middle-range segment of
apartments.
OUTLOOK
Given to the difficult economic situation, there
is a pent-up demand on the sales residential
real estate market that may come into force
in Q3-4 2014. It can leverage market balance
and rise up market prices.
RESIDENTIAL
Q2 2014
15.00%
10.00%
5.00%
0.00%
-5.00%
-10.00%
DYNAMICS OF APARTMENTS SUPPLY, %
Primary market Secondary market
January February March April May June
2500
2000
1500
1000
500
0
DYNAMICS OF SALES PRICES, USD/SQ M
Primary market Secondary market
January 2014 April 2014 July 2014
DYNAMICS OF DEMAND ON THE SALES MARKET, %
-21.78%
-37.79%
23.11%
38.84%
18.03%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%
-10.00%
-20.00%
-30.00%
-40.00%
-50.00%
February March April May June
5. SUPPLY
In the second quarter of 2014 TC
Atmosphere has appeared on the market
(leasable area of 30.2 thousand square
meters). The new hypermarket Leroy Merlin
and TC Appetite also were delivered, but,
their cumulative area is not significant.
It is scheduled to delivery only 74.7 thousand
square meters, which is by 50% less than in
2013.
DEMAND
Number of retail operators have cancelled
their entrance to Ukrainian market. H&M is
among them.
On the other hand, considerable expansion
prepare Polish operator LLP (Reserved,
Mohito, Cropp Town, Sinsay) – its shop will
appear in ‘Respublika’, ‘Prospect’, ‘Karavan’
(Dnipropetrovsk) and in Lviv.
VACANCY AND RENTS
The share of vacant spaces in Kiev by the
end of Q1 amounted at 5.6%. During Q2
2014 it has risen by almost 40% to 7.8%.
To keep the quality retailers, many landlords
were forced to revise the lease terms with
each tenant individually.
Driven by such changes, prime rents in
shopping centers become a subject of
differentiation: from 70 to 100 USD per
sq.m/month.
OUTLOOK
In the first half of 2014 about 55% of
expected new supply was already delivered
to the market. The other part of new supply is
represented by TC Prospect (40.5 thousand
square meters) and scheduled to delivery in
the second half of the year. It results a 50%
decrease in new market supply in
comparison with 2013.
Base asking rental rates for high-quality retail
real estate in short-term period will remain
stable, with some downward correction by 3-
5%.
Due to political uncertainty, a lot of retailers
postpone expansion and market entrance, so
take-up will not be huge in 2014.
RETAIL
Q2 2014
1000.0
900.0
800.0
700.0
600.0
500.0
400.0
300.0
200.0
100.0
0.0
DYNAMICS OF RETAIL SPACE SUPPLY
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
9.00%
8.00%
7.00%
6.00%
5.00%
4.00%
3.00%
2.00%
1.00%
0.00%
VACANCY, %
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
6. SUPPLY
In the Q2 2014 developers’ activity brought
120.6 th. sq. m of new supply
An additional 28,000 sq.m of modern
warehouse space is expected to be delivered
to the market in Q4 2014
Still active in terms of logistics infrastructure
development remain the Kiev region,
Dnepropetrovsk and Odessa region.
DEMAND
The largest share in the overall demand
structure in Q2 2014 was represented by
pharmaceutical, food, logistics and
transportation sectors. The overall take up is
approximately 31,000 sq.m. The whole
demand was concentrated in Kiev region.
Rather high and unsatisfied demand is for
ADR and special temperature conditions
warehouses with small area.
VACANCY AND RENTS
The vacancy levels in Kiev region were rather
low and stable – approximately 3-3.5% during
Q1-2 2014. For some object there is a slight
vacancy growth – by 0.2-0.3%, the first rates
rise since 2009.
Kiev warehouses rents were also rather
stable. The average rents for Western Bank
were at 6-6.5 USD/sq.m./month, for Eastern
Bank – 4.5-5.5 USD/sq.m./month.
OUTLOOK
148.6 th. sq. m of warehousing premises are
scheduled to delivery in 2014. Nevertheless,
only 65% of this amount will be presented for
open market. Thus, demand for warehouses
space is higher than new supply delivery in
market balance. Such situation provides
stability in market rents, despite punctual
rents reduction. Vacancy rates remain low,
there is now expectation for substantial
growth in the nearest future.
WAREHOUSES
Q2 2014
DYNAMICS OF WAREHOUSES SPACE SUPPLY
1328.93
1405.68
1529.68 1529.68 1529.68
1650.28
1800.0
1600.0
1400.0
1200.0
1000.0
800.0
600.0
400.0
200.0
0.0
Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014
300000
250000
200000
150000
100000
50000
0
TAKE UP VOLUMS, SQ. M.
2012 2013 2014