Business news from Ukraine

Business news from Ukraine

DIM concluded first deal on “eHouse” in Lucky Land

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

 

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DIM has commissioned new house in Kyiv region

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.

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Lucky Land eco-city expands the list of state housing programs

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.”

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Do developers plan social infrastructure in their projects?

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

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DIM has changed its assignment policy in number of its projects

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.

Portrait of a primary real estate buyer in war conditions – expertise from DIM Group of Companies

During the war, the Ukrainian market of primary real estate underwent significant changes. Experts note new trends in the behavior of buyers and shifting priorities in the choice of housing. However, the general portrait of the primary real estate buyer remains conditionally divided into several categories, depending on financial opportunities, professional activity and individual needs.
Alexander Poltorak, brand manager of DIM group of companies, draws attention to the fact that buyers have become more demanding to the quality of construction and the timing of projects.
“Now buyers choose almost ready objects, often they are resettlers who start a new life, – notes Poltorak, – They are picky in assessing construction standards and financial conditions, which allows to ensure stable demand”.
The expert notes that the war has significantly changed the behavior of buyers in the business class segment. If before the war investors actively invested in the early stages of construction, now most people choose housing at the final stages or already finished.


Our buyer today is a person who already has his own housing. A lot of transactions take place with regular clients or on recommendation from them. Clients are looking for favorable conditions, often use promotions and installments, even having the full amount to pay.
This approach reflects buyers’ caution in an unstable period, when confidence in the project and the developer’s readiness to complete the object play a crucial role.
According to the expert, about 65% of buyers in the company’s projects are families aged 25 to 45 years old, which represent the capital’s middle class. Among them there are a lot of IT-specialists, company tops, lawyers, business representatives.
About 15% of buyers are investors who consider real estate as a way to preserve or increase their wealth.
However, the behavior of customers during the war has changed: if earlier transactions were closed in a few weeks, now the process can last from a month to six months. The information background and the frequency of shelling in the capital significantly influence the decision of buyers.