IBI-Rating has affirmed the rating of construction reliability of RC «Duet» (line II) at 5+ grade

Rating agency IBI-Rating informs on affirming of the rating of construction reliability of RC «Duet» (line II) in Kharkiv city at 5+ grade (high reliability).

The project developer, «Zhilstroy-2» ALC, has over 70-year experience in implementing construction projects and transferring premises in the newly constructed objects by repaying target bonds. The company has its own production facilities, which provide an almost complete construction cycle.

The construction of line II of the residential complex «Duet» is carried out on schedule in the presence of the necessary permit documents on the land plot granted to the Developer for rent. At the end of March 2017, the vertical structures were concreted on the 9th floor, the laying of the external walls was completed. Work continued on the arrangement of the floor above the 9th floor. Clutches of internal partitions were carried out on the 3rd floor and work was started on the 4th floor. By estimation of experts of «Zhilstroy-2» ALC, completion of the residential complex, as at 31.03.2018, accounted for 28%, and the increase for the previous 6 month amounted to 12 percentage points including 8 percentage points since the beginning of this year. The construction works are scheduled to be completed in Q3 2018.

The real estate in the RC «Duet» is sold through target bonds of the Issuer «Zhilstroy-2» ALC . The circulation of the target bonds is regulated at the legislative level and is controlled by the National Securities and Stock Market Commission. The credit rating of bonds is- uaBBB, with a «stable» outlook.

Prices for the real estate in this residential complex correspond to the prices formed in the market for this type of premises taking into account the location of the construction object.

The construction of RC «Duet» is being carried out in an environmentally clean microdistrict of Alekseevka in Kharkiv city. Nearby there are kindergartens and schools, a modern stadium, supermarkets, a market, a sports and entertainment club, various shops and salons, Alekseevsky Hydropark. The district has well-developed infrastructure, next to the residential complex there is a metro station «Alekseevskaya». The district is connected by convenient transport highways with all districts of the city.

Rating of construction reliability is an opinion of the Rating Agency as to the Developer’s capability to fulfill its obligations on the construction project to real estate buyers relative to other projects, expressed on the basis of findings of comprehensive analytical research. For more detailed information on ratings of construction reliability please the site of IBI-Rating, as well as the site of «Zhilstroy-2» ALC

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