IBI-Rating has affirmed the rating of construction reliability of «Art Hall» Club House at 5+ grade

Rating agency IBI-Rating informs on the affirmation of the rating of construction reliability of «Art Hall» Club House at 5+ grade (excellent reliability). The following factors have had an impact on the affirmed rating grade: available financial support and experience of the project participants in construction of residential real estate, the current status of construction, as well as the location of the object.

The construction of «Art Hall» Club House is implemented under the available guarantees by CB "Privatbank" PJSC. The developer of the object is "AC-MVK", LLC which is implementing the project in cooperation with the general contractor "Aerobud" PJSC, which has considerable experience in the construction and renovation of real estate of commercial, industrial and residential use, as well as a strong industrial and technological base. Construction works are carried out at presence of all permits on the land plot, which is owned by the Developer. At 31.03.2016, the completion degree of "Art Hall" Club House grew to 95%. During the 1st quarter 2016, works on installation of internal engineering networks and accomplishment of territory continued. The planned date of the object commissioning was rescheduled for 2016.

The house premises are sold through target bonds issued by "AC-MVK" LLC. The price per square meter is established on a contractual basis and depends on the floor, an apartment area, layout and design. The available long-term credit programmes and a letter of credit mechanism streamline the payment process, thereby enhancing investment protection.

The object is being constructed in the historical and business center of Kiev, namely, in Shevchenkovsky district, at 21 Vorovskogo street. In close proximity there are educational institutions, shops, entertainment and recreational institutions, as well as establishments of cultural leisure.

Corporate department
For more information please contact:
Press service of IBI-Rating
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