In the second quarter of 2025, there is a significant decrease in the share of vacant warehouse space in the leading regions of Ukraine. In the Kyiv region, the vacancy rate is only 1.03%, while in the Lviv region, it stands at 0.57%. These figures indicate a rapid shortage of warehouse facilities, confirming the high activity in the logistics real estate market.
This is reported by Business • Media
Vacancy Dynamics and Rental Rates
Market analysis shows that the lowest volume of available space is recorded in the Lviv region – only 0.34% along the route to Lutsk. The highest share of vacant premises is concentrated in the Kyiv region along the Odesa-Dnipro route – 1.39%. These indicators are explained by the active leasing of previously unclaimed spaces, leading to a decrease in their availability.
In the second quarter of 2025, the share of spaces free from tenants reached 1.03% in the Kyiv region and 0.57% in the Lviv region.
Warehouse Rental Costs by Region
Regarding rental costs, the highest rates are recorded in the Lviv region, particularly on the Ivano-Frankivsk route – $7 per square meter. In the Kyiv region, the cheapest offers are observed along the Warsaw-Zhytomyr route — $3.8 per square meter. Modern class A warehouses, equipped with the latest technologies, cost $5.5 per square meter per month in both the Kyiv and Lviv regions. Class B warehouses are cheaper: on average $3.4 per square meter in Kyiv and $4.3 in Lviv. Overall, the average rental rate is $3.3 per square meter in the Kyiv region and $5.44 in the Lviv region.