Over the last year, Kyiv prime warehouse rents increased by 27% in dollar terms as the vacancy rate dropped by more than one half, to 4.3%, from 9.5%. Pushing up rents, rental of new warehouse space in H1 grew by 43% yoy, with leases signed on 100,000 new square meters, according to a new logistics study by CBRE Ukraine. Retail and wholesale tenants accounted for 58% of demand. During the first half of 2018, only one new warehouse entered the market, 3,500 square meters in western Kyiv region. In the second half, only one new warehouse is planned – 6,200 square meters in southwestern Kyiv region. Relief is to come next year, with the planned openings of three projects, totaling 83,000 square meters.