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IBI-Rating has affirmed the rating of investment attractiveness of "Prestige Hall" Residential and Office Complex at invAA grade

29.01.2016
IBI-Rating informs on the affirmation of the rating of investment attractiveness of "Prestige Hall" Residential and Office Complex at invAA grade.

The grade of the rating of investment attractiveness of "Prestige Hall" Residential and Office Complex is due, in particular, the availability of financial support from the "PRIVATBANK" PJSC CB. Also, the grade of the rating of investment attractiveness of "Prestige Hall" Residential and Office Complex was influenced by the available experience in commissioning of residential houses of "ABC" LLC, the project developer, as well as the available experience in the construction and reconstruction of real estate of commercial, industrial and residential use of "Aerobud", PJSC, the General construction contractor. Construction works are carried out on the land, which has been leased until the end of 2019.

As at today, stages I and II of the complex (sections 3, 5, 8) have been put into operation. Section 2 of Stage III was put into operation in June 2013, and section 1 of Stage IV is in the process of commissioning. Now, construction of the Stage IV is underway (sections 4, 6, 7) is underway, its commissioning is scheduled for 2016-2017 (depending on the section).

Prices per square meter in the residential complex "Prestige Hall" correspond to the prices that have been established in the market for this type of premises, taking into account the location of the object. The available long-term credit programmes and a letter of credit mechanism streamline the payment process, thereby enhancing the investment protection.

The construction object is located in the centre of Kiev, at 37/1Henri Barbusse St. The complex has a convenient road access, and all the social and trade-related infrastructure, such as parking, shops, leisure establishments and the like. Nearby there are educational and health care institutions, places of entertainment and supermarkets.

Reference:
Rating of investment attractiveness is an opinion of the Rating agency on the attractiveness of a particular business project in terms of investing in it, as well as the risks associated with such an investment.

The investment project rated invАА is characterized by excellent investment attractiveness as compared with other objects of rating. There is slight sensitivity to the impact of investment risks.

For more information about the rating of investment attractiveness, please, visit the web-site of IBI-Rating www.ibi.com.ua, and the web-site of «Prestige Hall» RC www.prestigehall.com.ua.

Corporate department
For more information please contact:
Press service of IBI-Rating
(044) 362-90-84
press(at)ibi.com.ua