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Overview

What's Typical

Breaks

Negotiable, but hard to get in prime properties

Escalation

Fixed 2-4%/year. CPI and other indexes rarely practiced

Fit out

Landlord typically provides warm shell (equivalent to $150-250/sqm contribution)

Free Rent

Up to 3 months is often negotiable for new large leases. Less to none for renewals

Renewals

Yes

Rent basis

Triple net

Right to sublet

Yes

Security

1–3 months security deposit, or 3 months bank guarantee. Exceptions are very rare regardless of tenant credit

Tenant Broker

Tenant pays

Transparency

There is significant gap between asking and transaction terms

Term

3-4 years

Offices

Kyiv +38 044 390 0000