IBI-Rating has upgraded the rating of construction reliability of «New England» RC (first stage) in Kiev to 5+ grade

Rating agency IBI-Rating informs on upgrading the rating of construction reliability of the first stage «New England» RC in Kiev city from 5 to 5+ grade (excellent reliability). The rating of this level corresponds to a high index of construction reliability and indicates minimal risks of default of the Developer's obligations to investors.

The upgraded grade of the reliability rating for the construction of the first stage of «New England» RC is due to the rapid growth in the level of readiness of its residential buildings in January-June 2017: the «Liverpool» building - from 76% to 90%, the «Cambridge» from 33% to 80%; the «Oxford» - from 7% to 70%. Completion of the first stage is planned for the Q4 of 2017.

Among the factors that support the rating level also include:
  • The Developer («Royal House Group» LLC) has a full package of necessary permits, and the general construction contractor – «Royal Building» LLC - licenses for construction works IV and V categories of complexity and ownership of its own production base.
  • The fact that the Developer is a member of the group of companies «Royal House» is a key advantage of business diversification: from the production of building materials to the provision of design and engineering, financial intermediary, logistic servants and general contractor services in construction.
  • Increase in the profitability of the Developer's activities and his lack of debt obligations.
Reference: «New England» RC is located in Goloseevsky district and has a convenient transport connection. From here to the metro station «Vasilkovskaya» about nine hundred meters. Nearby there is a stop of route taxis, trolley buses and buses. Around there is located hospital, Universities, schools, a gymnasium and kindergartens. In a kilometer situated cinema, within walking distance you can find shops of various profiles, supermarkets, bank branches, pharmacies and two swimming pools. «New England» is a closed type residential complex with 24-hour security. For comfortable living, the Developer has planned sports grounds, underground and guest parking, special places for dog walking, green areas, bicycle paths, etc. You can buy real estate in «New England» RC (except the possibility of 100% payment) by using installments from the Developer, or having issued a mortgage loan from «Ukrgasbank» JSC or «CB Globus» PJSC, as well as on terms of financial leasing. More information about the residential complex is available on the website of the «New England» RC.

Rating of construction reliability is an opinion of the Rating Agency as to the Developer’s capacity 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 visit the site of IBI-Rating.

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