Business news from Ukraine

Business news from Ukraine

Investment transactions account for 10% of DIM Group’s sales structure

27 February , 2024  

Investment deals account for up to 10% of DIM Group’s sales structure, while the requested area of housing has decreased by 15%, DIM Group Marketing Director Daria Bedia said in response to an Interfax-Ukraine inquiry.

“As of today, we have about 10% of investment transactions in the formats of a multifunctional cluster, eco-city, multifunctional complex based on the concept of a 15-minute city in the central business and historical center, while the vast majority of transactions – a little more than 90% of them – are still exclusively for themselves. The fact that investors have started to return to the market at all is an encouraging signal,” she said.

According to her, the first investment deals in the company’s properties began in late summer and early fall of 2023. Before that, professional investors did not dare to return to concrete, but the situation is changing.

“Firstly, the profitability of individual complexes and formats, given the high rate of construction, successful concept and growing real demand for this object, is still higher than bank deposits, even in times of war. Secondly, when evaluating an investment for the future, people realize that a liquid lot can bring 50-60% in the future if you choose a competent strategy,” Bedia says.

According to her observations, the majority of investors now are those who had real estate in their portfolio before the war. They come on three conditions: high rates of construction, a liquid concept and brand of the developer, its reputation over the past two years of war.

At the same time, the requested area has decreased by about 15%, while interest in European layouts has doubled. A large kitchen-living room of 17 sq. m in comfort+ and 20 sq. m in the business segment, two bathrooms, and separate bedrooms are becoming a must-have attribute. The area of 1-room apartments, which are most often bought in the business segment, reaches 50-55 sq. m, 2-room apartments – 75-80 sq. m, 3-room apartments – 100-120 sq. m.

Today, buyers in the comfort+ segment are most interested in 1-room apartments of 40-47 sq. m. with a kitchen-living room of 20 sq. m. and a separate bedroom with a dressing room. The top 2-room apartments are 68 to 75 sq. m. in size with two separate bedrooms and a kitchen-living room of 20 sq. m., and 3-room apartments are 85-90 sq. m. in size with three separate bedrooms, one of which is a master bedroom with its own bathroom and wardrobe, and a large kitchen-living room is also a priority.

DIM Group was founded in 2014 and consists of six companies covering all stages of construction. To date, it has commissioned 12 houses in six residential complexes with a total living area of over 218 thousand square meters. Six residential complexes of “comfort+” and “business class” categories are under construction: “New Autograph, Metropolis, Park Lake City, Lucky Land.

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