According to Interfax-Ukraine, S1 REIT, an investment company that manages real estate funds under the REIT model, has announced the launch of a new capitalization fund, “S1 Poznyaki,” with a total volume of 250 million hryvnia, which will invest in apartments in a high-yield residential building currently under construction on the shores of Lake Sribny Kil, according to the company’s press service.
According to the press release, the initial investment amount is 1,000 UAH, with the option to increase one’s share in increments of 100 UAH. The projected annual return is 9% in the local currency, and dividend payments will begin once the property is commissioned and rental operations commence.
“In the past, to make money on apartments, you had to buy a unit for tens of thousands of dollars. We’ve broken that barrier down into smaller parts. Now you can start with 1,000 UAH. The benefit for investors is simple: buy earlier—buy cheaper. As the building is under construction, the price per square meter rises, and with it, the value of the fund’s assets. So we want to acquire as many square meters as possible now—at an early stage, while prices are at their lowest. And we’re offering our clients the opportunity to buy alongside us,” explained Ihor Gifes, CEO of the investment company S1 REIT, whose remarks are quoted in the press release.
As previously reported, the National Securities and Stock Market Commission (NSSMC) decided at its September 16 meeting to register the prospectus and the issuance of investment certificates for the ZNPIF “S1 Poznyaki.”
“S1 Poznyaki” is a build-to-rent apartment building designed from the outset as a cohesive, professionally managed rental product, rather than a collection of individual apartments for private leasing. At the same time, the project embodies the “Live and Work in One Place” concept thanks to its well-developed residential and commercial infrastructure.
The “S1 Poznyaki” fund’s assets will consist of 80 apartments with a total area of 2,828 square meters in a 24-story apartment building containing 756 apartments, with a total area of 29,500 square meters.
The complex will feature approximately 1,500 square meters of internal infrastructure, including a coworking space, a gym, a lounge area, a movie theater, a spa area, indoor and outdoor spaces for relaxation and leisure, game and karaoke rooms, a children’s room, and a fully equipped shelter.
Another approximately 7,000 square meters on the ground floors will be allocated for commercial facilities: a supermarket, restaurants, coffee shops, pharmacies, a dental clinic, and other services.
Previously, as reported, S1 REIT launched the sale of “S1 Plaza Poznyaki,” whose assets will include commercial space in the shopping center near the “Poznyaki” metro station in Kyiv. The total area of the property is approximately 5,000 square meters, and the new fund’s offering amounts to 600 million UAH. The initial investment is 1,000 UAH, and the additional investment is 100 UAH. The projected annual return on “S1 Plaza Poznyaki” is 10.4% in currency terms.
The entire property will be managed by the real estate management company S1 Property, which will be responsible for operations and services for residents, as well as for ensuring stable rental income for investors.
The press release states that investors can use “S1 Poznyaki” as an investment vehicle and gradually increase their stake in the property. If the total value of accumulated certificates equals the cost of an entire apartment, investors will be able to exercise the option to exchange them for a completed apartment. The transition to physical ownership is not mandatory: certificates can continue to be held as an investment in the fund, and investors can receive dividend income once rental operations begin.
“For investors, the ‘S1 Poznyaki’ Fund offers new opportunities to acquire a share of unique, income-generating real estate in the capital and start earning from it immediately,” noted Gifes.
At the same time, it is clarified that these figures are projections, based on the project’s financial model, and do not guarantee future returns.
The company operates under the Real Estate Investment Trust (REIT) model, providing investors with the opportunity to participate in ownership and receive income from profitable properties without directly managing the assets.
Four funds are available for investment: “S1 VDNG,” S1 Obolon, “S1 Poznyaki,” and “S1 Plaza Poznyaki.” Their assets consist of income-generating real estate based on development projects by Standard One.
