DIM commissioned 80.5 thousand square meters in 2024, and plans to commission more than 100 thousand square meters in 2025, the company’s managing partner Oleksandr Nasikovsky told Interfax-Ukraine.
“According to the latest LUN data, 10.7 thousand new apartments were commissioned in Kyiv in 12 months (the first to third quarters of 2024 plus the fourth quarter of 2023). Almost 10% of this figure is DIM’s facilities. In 2024, we commissioned 1191 apartments with a total area of 80,467 sq. m. in three complexes: “New Autograph, Lucky Land and Park Lake City,” he said.
Mr. Nasykovsky also noted that this year the company started construction of a new premium segment complex The One in Kyiv at 7b Mechnikova Street. The 140-apartment complex, according to the concept, will offer the service of a 5-star hotel, 360-degree panoramic views, a closed area with round-the-clock security, underground parking with elevators, a public space of 1400 square meters, two conceptual terraces Front Yard, Secret Garden, and an outdoor pool.
“This is the first residential project in Ukraine with nano water purification and hepa air filtration. We plan to complete the construction of the complex in the second quarter of 2028,” said DIM’s managing partner.
In 2024, DIM successfully attracted targeted financing from domestic strategic investment partners for the development of existing and prospective facilities.
“According to the signed agreement, we are not yet disclosing the amount of investment and the names of Ukrainian investors, but we can say that this shows high confidence in us and confidence in the future of Ukraine. We believe in Ukraine and continue to build six of our complexes: “Metropolis, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Boutique Residence and The One,” Nasikovsky emphasized.
Regarding plans for 2025, the managing partner announced the launch of a new premium suburban project (location and brand have not yet been announced), as well as plans to commission a significant amount of housing.
“In 2025, we plan to commission more than 100 thousand square meters: the A136 Highlight Tower complex, building No. 3 of the Metropolis complex, building No. 4 of the Lucky Land eco-complex, and buildings 1.5, 2.1, 2.2, 2.3, 2.4 of the VITA district and buildings 1.1 and 1.3 of the AQUA district in the Park Lake City business class suburban complex,” the expert listed.
Nasikovsky noted that among the trends of the real estate market in 2024, the main one is that consumers have gradually adapted to the challenges of wartime.
“If in 2023, after the rocket attacks on Ukrainian cities, market activity stopped for almost a week, this year we see that the current military operations, although they have a significant impact on the activity of buyers in the market. People have started living here and now and are making plans for the future,” he said.
The expert also noted the significant impact on the real estate market of the government programs “eHouse” and “eRestoration”. According to him, since DIM joined the eHouse program in the spring of this year, about 30% of inquiries to DIM sales offices have been related to this program, of which about 10% have been converted into real transactions. At the beginning of September 2024, the first agreement under the eRestoration state program was concluded in the Lucky Land eco-city.
“Government programs continue to support activity in the residential real estate market today and will continue to do so in 2025. However, the main change in the real estate market in 2024 is the tax changes (increase in the military tax to 5%) introduced at the end of 2024, which will have several important consequences for the residential real estate market,” he said.
Nasikovsky stated that the increase in the military duty will increase the costs of building materials producers, logistics, contractors and other market participants and, as a result, will push up the price per square meter in new buildings. In addition, it will affect the choice of buyers who are now considering housing as an investment tool, they may start looking for alternative options for investing their money.
“However, despite these challenges, we remain optimistic and see that the real estate market continues to gradually adapt and find new opportunities for development,” he summarized.
As for the behavior of those buyers who choose housing for themselves, Nasikovsky observes that in 2024 some of them began to reorient from the secondary market to the new construction market.
“This is facilitated not only by the government programs eHouse and eRecovery, but also by developers’ own financial programs. For example, DIM develops internal lending programs, offers flexible purchase terms and extends installment terms as an alternative to government programs,” he said.
DIM has an installment program of up to 5 years with a down payment of 20%; a program with flexible payment terms, when the buyer pays a down payment of 30% before the completion of construction, and the rest of the amount is paid within two years after the object is ready.
“Also, for the first time in the real estate market, DIM has introduced a financial guarantee program – in the contractual terms between the investor and the company, we have included penalties of 0.03% in favor of the client for each day overdue according to the schedule of the object’s readiness. The program is already in place in A136 Highlight Tower, Olegiv Boutique Residence and Park Lake City. We are working on implementing the guarantee in our other projects,” Nasikovsky said.
As for the requirements of buyers to the facilities, security and energy independence remain in the first place.
“The availability of an access control system, video surveillance, security, and especially underground parking lots or shelters are the main requests of every second buyer. Increasingly, people are paying attention to the energy independence of buildings, the availability of solar panels, generators, uninterruptible power supply systems, heat and water, which ensure the autonomy of buildings,” the expert noted.
At the same time, he emphasized that, just like before the war, future residents pay great attention to the infrastructure inside and around residential complexes, the availability of green areas, modern playgrounds and sports grounds, schools and kindergartens, as well as convenient transportation. People are now more often looking for housing for themselves, so they choose projects with the concept of a “15-minute city.”
“If the active phase of the war continues in 2025, the housing market will not change significantly. However, it is already clear that the cost of new buildings will increase by an average of 15-20%. The reasons for this include changes in taxation, inflation, and rising costs of construction materials. We hope that demand will gradually increase, and government programs will stimulate it,” Nasikovsky summarized.
The first agreement under the state program “eHouse” for the purchase of an apartment in the house under construction in the eco-city Lucky Land by DIM was signed on Tuesday, December 17, the DIM press service reported.
“Signing an agreement to buy an apartment in the modern eco-city Lucky Land with the help of the state program eOselya is an important step towards providing affordable housing for many of our clients and confirming the reliability and transparency of DIM, because during accreditation, banks check the developer very carefully,” Olga Arbuzova, head of sales at Lucky Land, commented on the event, according to the report.
The state program of affordable mortgage lending “eOselya” has been launched in Ukraine since October 2022. Contract servicemen of the Armed Forces of Ukraine, employees of the security and defense sector, medical workers, teachers, and researchers can apply for a preferential mortgage at 3% per annum for up to 20 years with a down payment of 20% of the cost of housing.
Starting from August 1, 2023, war veterans, combatants, internally displaced persons (IDPs) and citizens who do not have their own housing over the standard area can apply for the program at 7%.
Lucky Land (6 Berkovetska St.) is a comfort-class residential complex designed as a multifunctional area with developed infrastructure. It includes 23 buildings with a height of 13-14 floors, a total of 5183 apartments, with a guest parking lot for 2.5 thousand and an underground parking lot for 356 cars.
DIM Group was founded in 2014 and specializes in a full cycle of development, including design, construction, and property management. During this time, the company has commissioned 15 buildings in eight residential complexes, a total of 3,640 apartments, and built more than 332.7 thousand square meters of residential and commercial space. Six residential complexes of the comfort+ and business class categories are under construction: “Metropolis, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil, and The One.
It joined the state program of affordable housing lending “eOselya” in the spring of this year. SKY Bank, a partner bank of the state program for affordable lending, has accredited DIM’s residential complexes, which are at the final stage of construction, for participation in the eHouse program: houses No. 4 and No. 6 in Lucky Land and house No. 3 in Metropolis in Kyiv.
https://interfax.com.ua/news/economic/1034879.html
DIM has put into operation the VITA 2.1 house in the Park Lake City eco-complex in Pidhirtsi, Kyiv region, which is the third facility commissioned since the beginning of 2024, the company’s press service reports. As Interfax-Ukraine was told, on November 26, 2024, the State Architectural and Construction Inspectorate of Ukraine issued a Certificate of Readiness for a residential building, which confirms that the facility complies with the project documentation and is ready for operation. This document proves the reliability of DIM, which, despite the difficult economic times, is ready to assume obligations to investors and guarantee their fulfillment.
The VITA 2.1 building with a total area of 3678.1 sq. m. consists of two sections on four floors, it has 30 apartments with a total living area of 2619.87 sq. m.
Park Lake City is a modern business-class suburban complex of a new formation with almost 2 thousand apartments, which is being built on the territory of more than 80 hectares. DIM continues the construction of eight VITA 2 houses of the Park Lake City business class eco-complex, which is scheduled to be completed in 2025-2026.
Founded in 2014, DIM Group specializes in the full cycle of development, including design, construction, and property management. During this time, the company has commissioned 15 buildings in eight residential complexes, a total of 3,640 apartments, and built more than 332.7 thousand square meters of residential and commercial space. Six residential complexes of the comfort+ and business class categories are under construction: “Metropolis, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil, The One.
DIM is one of the leaders in the capital region, constantly implementing and expanding the list of state housing programs at its facilities.
To the already popular programs “eHousing” and “eRestoration” in the eco-city Lucky Land, the opportunity to purchase real estate with cash compensation for the purchase of housing has been added. This became possible thanks to the Resolution of the Cabinet of Ministers of Ukraine No. 280 of April 18, 2018, which helps to provide housing for internally displaced persons who defended the independence, sovereignty and territorial integrity of Ukraine.
“Resolution No. 280 is extremely important for IDPs, as it provides a mechanism for receiving financial compensation for the purchase of housing, which is extremely important for people who have suffered from the actions of Russian invaders and lost their homes,” says Daria Bedia, Head of Marketing at DIM.
In order to receive financial compensation for the purchase of real estate under CMU Resolution No. 280, a potential buyer needs to follow several steps:
Meet the criteria of the resolution, namely, be an IDP who defended Ukraine.
Submit an application to the social security authorities at the place of residence on the housing register.
After reviewing the application and based on the submitted documents, the need for compensation will be assessed.
After the subvention is allocated, the applicant can receive compensation to a bank account opened at a branch of Oschadbank.
Next, the applicant contacts the Lucky Land sales office at 6 Berkovetska St., Kyiv, where our managers will help you choose the best housing for you and your family and support the transaction.
“LUCKY LAND is the best embodiment of the “city within a city” concept. A huge location next to a coniferous forest will allow you to breathe fresh air and live in harmony with nature. The entire space was designed by Archimatika, the country’s leading architectural firm. It is centered on a person, his or her lifestyle and development. Active entertainment or relaxation, shopping or meeting friends – all this is possible without leaving the territory of the complex.”
We understand that the issue of security in residential complexes, including social infrastructure, requires a comprehensive approach.
That is why in our projects we apply a three-level security system, namely: personal security (closed area, access control system, video surveillance and security), energy security (enhanced means of automation of engineering communications, use of alternative energy sources (if necessary), as well as design of geothermal pumps for apartment construction, which reduces heating consumption by at least 40% and energy consumption by about 35 kWh per square meter), and social security,” says the company. This, as the practice of already inhabited houses shows, removes a lot of domestic issues and cohabitation on the territory.
Social facilities are not isolated in time and space point developments (schools, kindergartens, development centers, community centers), but part of our living ecosystem. Therefore, they are fully designed according to our approaches and values: well-thought-out ergonomics of living space, high level of energy efficiency (achieved, for example, through double-glazed windows with a new generation of high-quality glass with magnetron sputtering, which allows sunlight to penetrate into the room while not letting the sun’s heat through, durable heat-resistant mineral wool from the global brand Rockwool, which provides an optimal internal microclimate without interfering with the natural diffusion of excess water vapor and demonstrating high thermal insulation properties), aesthetics and service of the highest level.
Currently, our portfolio of large social facilities includes kindergartens and schools at various stages of implementation, and we already know the operators – KMDS (Lucky Land residential complex) and an elementary school in the Park Lake City multifunctional cluster (British International School in Ukraine), a community center for neighbors in Park Lake City with a restaurant and several attraction areas, where everyone will find something for everyone. A bilingual kindergarten will also be located in Park Lake City. It will be a two-storey institution with an area of almost 3 thousand square meters, designed for 180 children aged 3 to 5 years.
In total, we will have 6 kindergartens in Lucky Land, so we have enough work to do. We plan to implement everything gradually with the construction of new houses in order to organically meet the demand of young parents for a high-quality, safe and comfortable space for their children to grow up.
Daria Bedia, Marketing Director at DIM
DIM announces a change in the policy of assignments in a number of its projects, namely in the complexes: Lucky Land, OLEGIV Podil, Park Lake City, Metropolis and A136 Highlight Tower.
From now on, any actions with assignment agreements, which provide for the transfer of rights and obligations under real estate purchase and sale agreements from one buyer to another, will be suspended. This step is a common practice in the real estate market and is aimed at ensuring stability and control over the construction completion process.
The change in policy will allow DIM to avoid speculation, ensure transparency of transactions, protect the interests of both investors and end buyers, and speed up the commissioning of properties.
