Greenville Group plans to launch a new apartment complex in Kyiv and a comfort+ residential complex in Lviv in 2025, the group’s press service toldInterfax-Ukraine.
“Greenville Group is building business class residential complexes Greenville Park and Greenville in Pechersk in Kyiv. Next year, we plan to launch two new projects – an apartment complex in Kyiv and a comfort+ residential complex in Lviv. Both projects are currently under development,” the company said.
By the end of 2024, the developer completed the construction of 19.4 thousand square meters of housing in its capital projects. Next year, it is planned to start construction of section 9 in the Greenville residential complex, complete sections 6-7 and underground parking, and complete the facade and installation of power grids, water supply, and heating systems in the Greenville Park residential complex.
According to the group, customers are taking a wait-and-see attitude and are in no hurry to invest in business class housing.
“According to our observations, almost 60% of visits to sales departments are due to pent-up demand. Another massive missile strike on Kyiv is almost guaranteed to postpone the signing of agreements for 3-6 months – people need time to recover and re-evaluate the feasibility of the purchase,” Greenville explained.
In addition, fewer deals are being made in the higher-end housing category under the eOselya program: in 2024, the company concluded five such agreements. At the same time, alternative programs from developers are growing in popularity. According to Greenville’s analysis, the number of customers who used installment programs increased by 15% year-on-year.
Greenville Group was established in 2007. It makes joint investments in construction projects based on green technologies and invests in renewable energy projects.
The company’s portfolio includes four residential development projects in Lviv (RC Misto Trav, Dobra Oselya, Greenville House, Greenville Park Lviv) and two projects in Kyiv (Greenville and Greenville Park).
