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.
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.
The trends of the real estate market in the first half of 2024 were analyzed by Oleksandr Nasikovsky, Managing Partner of DIM Group of Companies.
The number of sales transactions in the first half of 2024 is gradually increasing compared to the same period in 2023. But it all depends on the readiness of the object and its class.
Currently, the majority of buyers of apartments in the primary market are those who buy housing for themselves. These are people who associate their future with Ukraine, with Kyiv. In this case, it makes no sense to postpone this step, because developers are now offering good conditions and trying to keep prices down. Most of these people lived and planned to buy housing in the capital even before the war.
There are also IDPs among the buyers, but their share has not increased significantly. They have more stressful circumstances, a longer period of adaptation, and need more time to take this step. In addition, some of them are considering the western regions of Ukraine for purchasing housing.
While in 2023, there were few investment transactions for the purchase of real estate for resale or lease, in 2024 we are already seeing a gradual recovery in investor interest as the real estate market is gradually recovering.
For new clients, realizing the difficult decision they are facing today, we are developing special programs for the purchase of housing: we offer installment plans for a long period (up to 5 years), reduce the down payment, offer to pay part of the funds before the completion of construction, and the rest within three years after.
We can state that the cost per m2 of primary real estate will continue to grow. This is due not only to the future growth in demand for new housing, but also to the rise in the cost of building materials, energy, and related resources required for the construction of houses.
Yes, there is pent-up demand and it has a cumulative effect. Ukrainians still have a need for new housing, but not everyone is ready to invest in real estate in the capital. People are hindered by understandable fears, lack of stability and confidence in the future due to the war. But as soon as we win, people will return to solving the housing issue, because it is still relevant.
Internal migration within the country will also have an impact. Some people will stay and build their future in Kyiv.
Investors will be interested in the future growth of the cost per square meter. After the Victory, this process will start quite quickly.
The cost of apartments in high-quality facilities will increase. This is due not only to the future growth in demand for new housing, but also to the rise in the cost of building materials, energy, logistics, and related components required for the construction of houses. So far, we have been able to balance, but over time, these factors will take their toll and prices will go up.
