Business news from Ukraine

DIM Group office damaged by Russian missile strikes on Kyiv

The administrative office of the DIM Group of companies was damaged as a result of Russian missile strikes on Kyiv on Monday, the DIM press service reported.
“As a result of a repeated strike by Russian terrorists on the capital, debris fell on the building where the administrative office of the DIM group of companies is located. All our employees are safe and sound, and our entire team is secure. Unfortunately, our business center neighbors were not so lucky. There are dead and injured. We express our sincere condolences to the families of those killed and injured as a result of the massive missile attack on Ukraine by the Russian Federation,” the company said.
The number of casualties in Kyiv as a result of the enemy attack on Monday continues to grow. 96 people were injured, including three children. Two adults have been confirmed dead in the Okhmatdyt hospital, seven in the Dniprovskyi district as a result of debris falling on the medical center, and seven in a business center in the Solomianskyi district. The information is being verified and updated.
DIM Group was founded in 2014 and consists of six companies covering all stages of construction. To date, it has commissioned 12 buildings in six residential complexes with a total residential area of over 218 thousand square meters. Six residential complexes of “comfort+” and “business class” categories are under construction: “Novy Autograph, Metropolis, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil.
Source: https://interfax.com.ua/

DIM Group accredited houses under construction in “eOselya” program

SKY Bank, a partner bank of the state program for affordable lending, has accredited DIM residential complexes under construction – houses No. 4 and No. 6 in LUCKY LAND residential complex and house No. 3 in Metropolis residential complex in Kyiv – for participation in the eHouse program, the developer’s press service reports.

“JSC SKY BANK welcomes the beginning of cooperation with the leading developer of the capital’s real estate market and continues to implement the strategic mission of the state preferential mortgage lending program “eOselya”, making it affordable for citizens to buy housing at the construction stage,” Volodymyr Chornenkyi, Retail Business Director, Member of the Management Board of JSC SKY BANK, said in the release.

Oleksandr Nasikovsky, Managing Partner of DIM, said that DIM regularly receives inquiries from clients about the possibility of buying an apartment under the eOselya state program.

“Everyone should have a home – we are convinced of this. Since the beginning of the year, we have commissioned more than 1,000 apartments and are actively working to develop comfortable conditions for our clients to purchase housing, in particular, we are working with the state program of affordable housing loans,” said Nasikovsky.

Lucky Land (6 Berkovetska St.) is a comfort-class residential complex designed as a multifunctional neighborhood 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. Under the eOselya program, mortgages are available for one-, two- and three-bedroom apartments with an area of 41 sq. m. in building No. 3, which has already received a certificate of completion, and buildings No. 4 and No. 6, which are scheduled for commissioning in the third and fourth quarters of this year.

You can also buy an apartment under the eOselya program in the building No. 3 of the Metropolis residential complex under construction (1 Ak. Zabolotnoho St.), which is scheduled to be commissioned in the third quarter.

Apartments in the completed residential complex “Novyi Avtograf” (26, Knyazya Romana Mstyslavycha (General Zhmachenko) str.) are also available under the “eOselya” program.

As reported, the eOselya affordable mortgage lending program was launched in Ukraine in 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 larger than the standard area can apply for the eHouse program at a 7% discount.

Eight partner banks are integrated into this program: Oschadbank, PrivatBank, Ukrgasbank, Globus Bank, Sky Bank, Ukreximbank, SENS and Bank Credit Dnipro. You can apply for participation in the program in the Diia mobile application.

As of April 30, the volume of loans issued under the eHouse program reached UAH 14.9 billion, with loans issued to 9,613 families. At the same time, 2.9% of the apartments were purchased on the primary market, 71.7% on the secondary market, and 25.4% from developers.

DIM Group was founded in 2014 and consists of six companies covering all stages of construction. To date, 12 buildings in six residential complexes with a total residential area of over 218 thousand square meters have been commissioned. Six comfort+ and business class residential complexes are under construction: “New Autograph, Metropolis, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil.

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DIM Group of Companies announced beginning of strategic partnership with Globus Bank

DIM Group of Companies announced the beginning of strategic partnership with Globus Bank, obtaining bank accreditation and introducing a joint mortgage program for the capital’s residential complex A136, the developer’s press service reported.

“DIM Group has expanded opportunities for investors because of bank mortgages in the business class segment. Now, the bank-partner “Globus” offers clients to take advantage of a mortgage loan for up to 20 years for the purchase of apartments, penthouses, apartments in A136 Highlight Tower on Antonovicha Street. Bank mortgage is a convenient and reliable mechanism for investments, leveling the risks associated with the martial law in the country” – says the managing partner of DIM Alexander Nasikovsky.

A136 Highlight Tower (Antonovicha Street, 136-138) is a business class project, a 33-storey building with a total of 324 apartments, with a closed territory and underground parking. The declared commissioning date is Q4 2024. At the moment, according to the portal LUN, the price – from 94.05 thousand UAH/sq.m.

DIM in partnership with Globus Bank offers clients a range of new opportunities to invest in  real estate . One of the key services is offering commercial loans for individual investors for up to 20 years and fixing the value in UAH.

DIM Group was founded in 2014 and consists of six companies covering all stages of construction . To date, it has commissioned 12 houses in six residential complexes with a total residential area of more than 218 thousand sq. m. Six residential complexes of “comfort +” and “business class” category are under construction: “New Autograph”, “Metropolis”, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil.

Globus Bank was registered in 2007. According to the NBU, as of April 11, 2023 the shareholders of the bank were Elena Silnyagina (100%), Dmytro Polkovsky (16.198866%), Eugene Varyagin (9.899307%), Sergey Mamedov (9.899307%), Andrey Pinchuk (9.899307%) and Taras Lesovy (3.599748%), owning the authorized capital indirectly.

According to the National Bank of Ukraine as of September 1, 2023, Globus ranked 24th (UAH 9.07 billion) among 60 banks operating in the country in terms of total assets.

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DIM apartments can now be bought under the “eOsela” program

Bank-partner of the state program on affordable lending SKY Bank accredited for participation in the program “eOselia” housing complexes of DIM company, houses No. 4 and No. 6 in LCD LUCKY LAND and house No. 3 of LCD “Metropolis” in Kiev, reported in the press service of the developer.

“SKY BANK JSC welcomes the beginning of cooperation with the leading developer of the capital’s real estate market and continues to implement the strategic mission of the state preferential mortgage lending program “eOselia”, making it affordable for citizens to buy housing at the construction stage,” – quoted in the release Director of Retail Business, member of the Board of SKY BANK JSC Vladimir Chernenky.

Managing partner of DIM companies Alexander Nasikovsky said that DIM regularly receive requests from clients about the possibility of buying an apartment under the state program “eOsel”.

“Everyone should have a house – we are sure of it. Since the beginning of the year we have commissioned more than 1,000 apartments and are actively working on developing comfortable conditions for the purchase of housing for our clients, including working with the state program of affordable housing loans,” said Nasikovsky.

Lucky Land (Berkovetskaya Street, 6) is a residential complex of comfort class, designed as a multifunctional district with developed infrastructure. It assumes 23 buildings 13-14 floors high, 5183 apartments in total, with guest parking for 2,5 thousand and underground parking for 356 cars. Under the program “єOsela” available for mortgage one, two- and three-bedroom apartments with the area from 41 sq.m. in the house № 3, which has already received a certificate of readiness, and houses № 4, № 6, which are scheduled for commissioning in the third and fourth quarters of this year.

You can also buy an apartment under the “eOsel” program in building No. 3 of the Residential Complex “Metropolis” (ak.Zabolotnogo, 1), its planned date of commissioning in the third quarter.

Also available on “eOsela” apartments in the completed housing estate “New Autograph” (Kn. Roman Mstislavicha (Generala Zhmachenko), 26).

As reported, the program of affordable mortgage lending “eOsela” has worked in Ukraine since October 2022. For a preferential mortgage at 3% per annum for up to 20 years with a down payment of 20% of the cost of housing can be claimed by contract servicemen of the AFU, employees of the security sector and defense, medical workers, teachers, researchers.

From August 1, 2023, war veterans, combatants, internally displaced persons (IDPs) and citizens who do not have their own housing larger than the standard area can apply for participation in the “eOsela” program at 7%.

Eight partner banks are integrated into this program: Oschadbank, PrivatBank, Ukrgasbank, Globus Bank, Sky Bank, Ukreximbank, SENS and Bank Credit Dnipro. You can apply for participation in the program in the mobile application “Diya”.

As of April 30, the volume of loans issued under “eOsel” reached UAH 14.9 billion, loans were issued for 9613 families. At the same time, 2.9% of apartments were purchased on the primary market, 71.7% – on the secondary market, 25.4% – from developers.

DIM Group was founded in 2014 and consists of six companies covering all stages of construction. To date, it has commissioned 12 houses in six residential complexes with a total residential area of more than 218 thousand sq. m. Six residential complexes of “comfort +” and “business class” category are under construction: “New Autograph”, “Metropolis”, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil.

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Share of installment purchases in housing market has increased – expert

The share of transactions for the purchase of housing on the terms of installments in March 2024 reached 95%, while a year ago the figure was 85%, and in the pre-war period – 70%, follows from the data of the group of companies DIM.

According to DIM, while the share of installments is growing, the rate of full payments on home purchases has fallen to 5%. At the same time last year, full payments accounted for 15% of transactions, and in the pre-war period – 30%.

“The greatest demand among customers are programs of interest-free installments, long-term installments from the builder from 3 to 5 years, installments for the first installment – payment of the first installment within 3 months, the program ‘eOsela’ for ready and under construction apartments, fixing monthly payments for the first year of installments, ‘vacations’ for installments, for example, in the winter months, and other promotions,” – said the marketing director of the group DIM Daria Bedya at the discussion panel DIM Talks.

According to her, as of March 2024, half of the structure of transactions was concluded with the first installment of 20-30% of the cost of the apartment, while a year ago they were only 35%, and in March 2021 – only 15% of the total number of contracts.

Another 20% of transactions today are concluded with a down payment of 10-20%, and only 10% of transactions – with 31-50%, while in the pre-war period this option was more popular (35% of transactions).

According to Bedia, when buying a one-bedroom apartment in 2024, clients more often choose housing with an area of 40-45 square meters, which is in line with the indicators of previous periods. At the same time, apartments with the area of 45-55 square meters have lost popularity after the start of full-scale invasion: transactions for their purchase today account for 5% of the total number against 20% in 2021.

According to DIM, 90% of transactions for the purchase of two-bedroom apartments concern housing with an area of 55-68 square meters, and objects of 70-82 square meters occupy only 10% of transactions, while before the full-scale invasion they occupied 40% in the structure of sales of two-bedroom apartments.

As for three-room apartments, 70% of their sales fall on the most compact variants – 80-85 square meters. m. According to DIM statistics, this trend has only intensified over the last three years.

As reported, in the first quarter of 2024, DIM Group commissioned two objects for 1,060 apartments.

DIM Group was founded in 2014 and consists of six companies covering all stages of construction. To date, it has commissioned 12 houses in six residential complexes with a total residential area of more than 218 thousand sq. m. At the stage of construction – six residential complexes of the category “comfort +” and “business class”: “New Autograph”, “Metropolis”, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil.

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DIM Group has commissioned two residential complexes

DIM Group has commissioned two construction projects – the first complexes of the eco-city Lucky Land and the residential complex Novy Autograph, with a total of 1060 apartments, the company’s press service reports.

“Like all developers today, we face many obstacles. However, we are making every effort to fulfill our obligations to our customers. Many people in the country are left without homes. That is why it is important to build new houses today,” said Oleksandr Nasikovsky, Managing Partner of DIM Group.

It is reported that DIM continues to increase the pace of construction, with more than 100 thousand square meters of housing planned to be commissioned by the end of the year.

The Lucky Land residential complex is a modern eco-city of seven blocks in Kyiv, which corresponds to the multifunctional live-work-play format. At the end of January 2024, DIM put into operation sections 1, 2, 3 of the third stage. House No. 3 received its own postal address – 4D Berkovetska Street. In April, DIM will complete the production of technical passports and start handing over apartments to owners in May.

In March 2024, the New Autograph comfort class residential complex received a certificate of readiness. The complex consists of two buildings with 18-26 floors and 810 apartments, and its utilities include artesian water supply and individual heating. The area around the residential complex has a well-developed infrastructure – from children’s and sports grounds to commercial facilities and underground parking.

A number of other projects by DIM are under active implementation. In particular, the construction of the 33-storey A136 Highlight Tower multifunctional complex is underway. Recently, it was the first in Ukraine to be audited by CBRE Ukraine, the largest international investment consulting and real estate management company. The international auditors confirmed the overall completion of 54% of the works. Given the pace of construction, the complex will be completed this fall.

During the year, DIM also plans to complete the construction of the third building of the Metropolis residential complex, as well as commission five buildings of the Park Lake City eco-city located 15 minutes from Kyiv.

DIM Group was founded in 2014 and consists of six companies covering all stages of construction. To date, it has commissioned 12 houses in six residential complexes with a total residential area of over 218 thousand square meters. Six residential complexes of “comfort+” and “business class” categories are under construction: “New Autograph, Metropolis, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil.

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