Business news from Ukraine

Business news from Ukraine

Expert opinion from Irina Mikhalyova: moderation and speech at Construction Congress

Irina Mikhalyova, marketing director of Alliance Novobud development company, took part in the Ukrainian Building Congress (UBC), which took place on November 21 at the Parkoviy ECC in Kiev, having acted as a speaker and moderator of two discussion panels dedicated to affordable housing and the state mortgage program “єOselia”.

According to the press service of Alliance Novobud, Mikhalyova moderated the panel “Affordable Housing: How to Make Real Estate Affordable for Ukrainians”, which was attended by representatives of development companies, banks and government institutions – in particular, EcoBud Building Group, Ukrfinjitlo, State Fund for Promotion of Youth Housing Construction, Sky Bank and developer Intergal-Bud. The participants discussed the combination of state programs, market instruments of developers and bank products to form an affordable housing market under war conditions.

Special emphasis was placed on the impact of the war on purchasing power, construction rates and financing of new projects. According to Mikhalyova, state support programs, such as “єOselia”, in wartime become not only a financial instrument for the market, but also an indicator of the state’s confidence in the industry. She noted that participation in such initiatives helps developers to stabilize sales and stimulate demand for primary real estate.

In addition, CMO Alliance Novobud was a speaker at the discussion panel “єOsela – the state’s investment in recovery”, where developers and bankers shared their experience of working with the program, assessed its impact on the sales structure and discussed the prospects of reconfiguring the loan product to primarily finance primary housing. Ms. Mikhalyova confirmed the company’s readiness to develop partnership formats with banks for additional support of buyers.

Alliance Novobud is a development company operating in the residential real estate market of Kyiv and Kyiv region for more than 18-20 years, specializing in business class projects in the capital and modern residential complexes in the suburbs. According to the company, under the brand Alliance Novobud projects are realized in Kiev (Montreal House, club house Illinsky House) and Brovary (in particular, Krona Park II, Madison Gardens, “Forest Quarter” and “Lavandovy”).

According to the rating of LUN service and NV edition, at the end of 2024 Alliance Novobud entered the top 20 largest developers of Kyiv and the region, taking 15th place by the number of commissioned apartments, which, according to analysts, indicates the stability of the company in the war conditions. Industry reviews indicate that since its establishment the developer has built more than two dozen residential buildings, and its projects are characterized by monolithic-frame construction technology and medium- and business-class positioning.

 

, ,

Ukrainian developers have noted steady growth in demand for housing with individual heating

Installation of individual and autonomous heating systems in residential projects can increase the cost of construction, but the demand for such an option on the part of buyers is gradually growing, said Ukrainian developers interviewed by Interfax-Ukraine.
“The issue of heating is one of the key for buyers – they study this aspect very carefully at the stage of initial consultations. Potential residents are interested not only in the technical characteristics of the system, but also in stability, autonomy and cost of operation,” the press service of Alliance Novobud reported.
As the developer noted, the format of heating is selected individually for each project, taking into account the location, technical capabilities, scale of the complex and the needs of future residents. Thus, Alliance Novobud projects provide for both their own boiler houses and centralized heating.
The feasibility of this or that format of heating is determined at the design stage. However, if necessary, it is possible to adjust technical solutions at the stage of implementation to optimize costs and improve efficiency without significantly affecting the overall cost of the project, explained in Alliance Novobud.
PGD installed generators in the previously designed complex already at the realization stage. In new projects, the developer is integrating autonomy into the concept and envisages its own boiler houses and solar power plants.
“It is fundamental for us that these issues are not left on the shoulders of the residents. We calculate and implement all solutions centrally, at the developer’s level. People want to be sure that the apartment will be warm, the elevator will work, the gates on the parking lot will open, and the access system will not stop due to power outages,” – said the press service of the developer.
According to PGD, this approach slightly increases the cost of project realization, but reduces the costs of operation in the future.
According to the construction group “Synergy”, the cost of heating from its own gas boiler house is about one third lower than from the centralized city system. In addition, the developer’s Irpen project is equipped with individual boilers in each apartment.
“The issue of heat in apartments is very relevant, there were many requests for individual heating, as well as for a warm floor. Independence from city repairs and seasonal hot water shutdowns, the official start of the heating season is important for residents”, – explained the developer.
An important component of the heating system is also its own generators, which ensure the operation of the boiler room and engineering systems of the house in case of shutdowns.
“People prefer autonomy and energy independence. That is why a generator, individual heating, energy efficiency of apartments, no unnecessary heat loss, uninterrupted water supply are real advantages. After the first blackout in the winter of 2022, these questions are more relevant than ever for sales visitors,” Greenville noted.
According to the experts of the company, the centralized heating system has a number of disadvantages, including high cost of connection, high level of wear and tear of networks, significant heat losses during transportation of energy carriers. Therefore, for its projects in Kiev, the developer has chosen the device of roof gas boilers and individual heating point.
Among the advantages in Greenville named technical flexibility of boiler rooms, environmental feasibility, cost-effectiveness and payback of the system. In addition, the high efficiency of individual boilers, automatic regulation and weather-dependent control optimize energy consumption.
“The payback period of an individual rooftop boiler plant is usually three to five years due to savings on tariffs and heat losses. Another advantage is technical flexibility. The system is easily adapted to different load modes (heating, hot water supply, summer period). And, finally, it is about environmental feasibility. Modern gas boilers have low emissions of nitrogen oxides and CO”, – explained in the company.
As noted by the executive director of the developer “Real” Igor Ferenc, roof boilers and individual boilers are also a necessary solution in the old districts of Lviv, which are not provided with centralized heat supply.
In Kiev, the choice of heating system for the project is dictated by a number of factors: location, available infrastructure and technical and economic feasibility, said the project manager of the capital’s business-class housing Maxima Residence Artem Sebba.
“We analyze the presence of nearby heat or gas networks, compare the cost of implementing different solutions and take into account the future costs of operation. In new projects we focus on solutions that allow us to reduce dependence on external suppliers and ensure more stable operation of the system”, – said the expert.
According to him, additional autonomous solutions in case of heat or power outages are considered for each project separately, because they affect the cost of construction and further operation.
The Enso development company, after a feasibility analysis, chose the centralized heat supply option for its projects. As explained in the company, the feasibility of the selected types of heating systems is determined by comparing the cost of connection, capital costs of construction and the projected costs of operation for residents
Adjustment of projects at the implementation stage may require additional resources and time, taking into account additional approvals and revision of project documentation, the developer noted. But the projects provide for the possibility of installing backup or alternative equipment.
“Such a decision did not affect the overall cost of project implementation, and the operating costs of residents remain at the level of market averages for residential complexes with centralized heating,” explained the developer.

,

Alliance Novobud development company continued active work on its projects in October

In October 2025, the Alliance Novobud development company continued active construction work on the Montreal House project in Kyiv and the Krona Park II and Lesovy Kvartal residential complexes in Brovary (Kyiv region), according to a report on construction progress on the company’s website.

According to the information, in the capital’s Montreal House project (102 Bolshaya Vasylkivska Street/83 Antonovycha Street), plastering work and the installation of cement screed on standard floors and in common areas, as well as facade insulation, continued in blocks 1 and 2 in October. In block 3, electrical cables were laid along the risers of “cold passages” and stairwells. In block 4, the installation of translucent aluminum structures continued (65% complete) and cables were laid along the risers and stairwells.

At the Montreal House parking lot, the waterproofing of the upper slab in the inner courtyard area has been completed, the installation of storm sewer pipes is continuing, and the waterproofing of the stylobate slab on the side of Bolshaya Vasilkovskaya Street has begun. The tower crane has also been dismantled to carry out the next set of works, and a metal frame for the entrance canopy on the side of Antonovycha Street has been installed.

At the Krona Park II residential complex (Brovary, Vasyl Simonenko Street, 32), the insulation of the basement walls was completed in October in building 5, backfilling of the foundation cavities continues, roofing work and installation of PVC windows are underway (windows have been installed from the 2nd to the 10th floors, with work continuing on the 11th and 12th floors). In building 8, the installation of internal water supply and heating engineering networks has begun, the installation of internal power supply and lighting networks is continuing, connection to external heat and water supply networks is being carried out, as well as facade work: section No. 1 is 95% complete, section No. 2 is 75% complete, and section 3 is 45% complete.

In building 9 of Krona Park II, the finishing touches are being made to the common areas and the landscaping of the surrounding area, commissioning work is underway, and the preparation of the documentation package for the completion certificate has begun. In building 10, finishing work has begun in common areas and apartments, and the installation of internal plumbing, electrical, and lighting networks is continuing. In building 12, roofing work has been completed in sections 1 and 2, and the installation of PVC windows is continuing (installed up to the 9th floor of section 1, work is underway on the 10th and 11th floors). In buildings 14 and 16, the pile field has been completed, with 100% of the bored piles installed.

At the Lesovy Kvartal site, building No. 16 (Brovary, V. Chornovola Street), vertical monolithic structures were erected in sections 2.2, 2.1, and 1 in October, and work began on the construction of brick walls.
The company specifies that work on the sites in Kyiv and Brovary is at different stages – from the pile field and monolith to the finishing touches and preparation for commissioning, while the developer is keeping to the schedule and continuing to move the projects towards completion in stages.

Alliance Novobud is a development company that has been operating in the residential real estate market of Kyiv and the Kyiv region for over 18 years. The developer specializes in comfort+ and business-class projects, with key projects including Montreal House and Illinsky House in Kyiv, as well as Krona Park II, Lesovy Kvartal, Zeleny Kvartal, Madison Gardens, and Lavandovy in Brovary.

According to industry ratings, Alliance Novobud was among the top 20 largest developers in Kyiv and the region in terms of the number of apartments completed in 2024 (481 apartments in five buildings, with a market share of about 2.2%). The company is a winner of the UKRAINIAN SPECIAL BUILDING AWARDS IBUILD and Business of the Year professional awards, and was named “Developer of the Year” and “Residential Complex of the Year” for the Montreal House and Krona Park II projects.

 

, , ,

Sales of apartments in final building of Lisovy Kvartal residential complex have begun in Brovary

The Lisovy Kvartal residential complex in Brovary is entering a new stage of development with the start of sales of apartments in the final building. The complex is positioned as comfortable housing close to a green area and the developed infrastructure of the city center. The final phase implements the best solutions and standards that have ensured the success of the entire Lisovy Kvartal complex: functional layouts, high-quality materials, modern construction technologies, and attentive consideration of the needs of future residents.

Real estate sales are conducted according to the MON (future real estate object) mechanism. MON is a part of a divisible object of unfinished construction, which, after commissioning, will become an independent real estate object, for example, an apartment, garage, or commercial premises. Investments in FPO are registered in electronic systems and protected by law, so the buyer receives property rights to the selected part of the property even before the completion of construction.

Advantages of FPO for buyers:

  • acquisition of property rights to the object even before the completion of construction;
  • registration of transactions in state electronic systems;
  • price fixation at the time of conclusion of the contract;
  • increased security and risk control.

The complex is located in the central district of Brovary, just 15 minutes from the Lisova metro station and important transport hubs of the capital. A reliable monolithic frame structure was used for the construction of the final building, which guarantees durability, fire resistance, and resistance to seismic activity.

There is a modern kindergarten on the territory of the complex, and nearby is the largest city park and a picturesque pine forest, which create a comfortable environment for families to live in.

Various types of apartments are available for sale: from one-room apartments (approximately 40 m²) to spacious family options (up to 100 m²). The construction is being commissioned by MTDK BUDIVELNE MISTO LLC in partnership with Alliance Novobud.

The sales office at 8A V. Chornovola Street, Brovary, tel. +38 (044) 344-08-23, is already scheduling appointments with buyers and providing detailed information about available layouts, purchase terms, etc.

 

, ,

Irina Mikhaleva shared her thoughts at LUN Conference as part of panel discussion

On October 7, LUN Conference, a key event of the year for professionals of the Ukrainian real estate market, took place in Kyiv, at the Parkovy Exhibition and Convention Center.
The conference featured a discussion panel titled “Cooperation of Developers and Real Estate Agencies in Residential Sales: Buyer Needs and Effective Interaction”, which was attended by CMO of Alliance Novobud Iryna Mikhaleva.
Together with her colleagues from leading development and real estate companies, Iryna discussed topical issues of interaction between real estate agencies and developers’ sales departments.
The key topics of the panel included the search for effective models of cooperation, ways to avoid conflicts with clients, creating synergies between realtors and internal sales teams, and the role of “primary” in the sales structure of agencies.
“Today, the market needs a partnership based on trust and common interests. Both developers and real estate agencies must work as a team, because our goal is to provide the buyer with a quality product and impeccable service. It is especially important now to look for new ways of interaction, join forces, share analytics and experience. This is the only way we can increase market efficiency and create a new standard of cooperation in sales,” said Iryna Mikhalova, CMO of Alliance Novobud.
Participation of Alliance Novobud in such professional events is not only an opportunity to share experience, but also another step towards the formation of a modern, open ecosystem of the real estate market in Ukraine.

 

, ,

Illinsky House club house has been assigned official address

The development company Alliance Novobud announces an important event – the Illinsky House clubhouse has been assigned an address: 21 Naberezhno-Khreshchatytska Street, Kyiv, Podil district.

This is a significant milestone in the project’s development, as from now on Illinsky House is not only the architectural dominant of Podil, but also a full-fledged part of the city with its own address on the Kyiv map. For the company’s team and future residents, this event symbolizes the completion of a lot of work and the beginning of a new life in the house.

In July 2024, Illinsky House became the best clubhouse project in Kyiv according to the UKRAINE HERITAGE AWARDS 2024. The award ceremony took place at the INVEST IN UKRAINE Congress.

Illinsky House is a modern club space that combines privacy, comfort and elegance with the unique atmosphere of the historic Podil district. Very soon the apartments will be filled with the warmth of new family stories, creating a special atmosphere of home in the heart of Kyiv.

https://drive.google.com/file/d/17KjyRn-Ojb3Z0Caxc0LFWG75zFIAnSMc/view?usp=sharing

A small number of diverse apartments and parking spaces in the two-level underground parking are still available in the club house. This is a unique opportunity for those who appreciate quality real estate in a prestigious area of the capital.

You can familiarize yourself with the offers at the Alliance Novobud sales office, which is located in the Gulliver shopping center, 4th floor. Real estate experts will answer all your questions about the clubhouse and help you choose the best solution for your future investment.

Sales office phone number: +38 (044) 344 06 93

More information: https://illinsky.com/

 

, ,