Standard One’s investment vehicle, S1 REIT, has paid out its first million in dividends, according to the fund’s press service.
It is specified that the total amount of dividends received by investors of the S1 VDNG fund for the period from April to December 2025 reached almost 1.026 million, which after taxes amounted to UAH 914.8 thousand.
“The example of S1 REIT proves that the residential rental sector in Kyiv is very profitable. High profitability is maintained even in conditions of transparent operation, without the use of ”gray” schemes to optimize tax pressure. Thanks to our work, we not only ensured timely dividend payments to investors, but also replenished the state budget by more than UAH 71 thousand and paid almost UAH 40 thousand in military tax,” said Viktor Boichuk, commercial director of S1 REIT, whose words are quoted in the report.
Starting in September 2025, dividends will be paid to investors in the S1 VDNG fund on a monthly basis. The amount of accruals depends on the fund’s performance over the previous period. The indicators are based on actual rental income from the real estate owned by the fund and reflect the stable performance of the asset in market conditions. Thus, according to the results of November, the annualized return for investors reached 9.1% in dollar terms, which is higher than the planned return of 8.2% in currency.
As reported, in April this year, Kyiv-based developer Standard One, which specializes in Build-to-Rent projects, announced the launch of a new product – S1 REIT. This is an investment tool that allows you to become a co-owner of square meters in S1’s profitable buildings without having to personally manage the assets. Currently, S1 REIT has two open-ended funds: S1 VDNG and S1 Obolon. The assets of the S1 VDNG fund are apartments in the profitable S1 VDNG building in Kyiv. The building has been in operation since 2019. According to estimates by the developer Standard One, the occupancy rate of the property by tenants reaches 99%.
Standard One (S1) is a full-cycle development company that has been developing the build-to-rent real estate segment in Kyiv since 2016. Its portfolio includes the completed S1 VDNG project and the new S1 Obolon, S1 Terminal, S1 Nyvky, and S1 Poznyaki buildings.
