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Share Name | Share Symbol | Market | Stock Type |
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Kdd Group | KDDG | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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7.25 |
Top Posts |
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Posted at 04/12/2019 06:31 by my retirement fund No I think it is safe to say we were the victims of another AIM fraud, fortunately just a small loss for me. In this day and age you'd think our governments and the powers that be would ensure investor safety but it seems when it comes to stock markets and dirty places like the AIM market they dont care less. |
Posted at 01/11/2010 17:13 by simon gordon Tadska,Cheers, this bit of your post answer's my question: Radchuk adds, however, that in general, the Ukrainian property and development sector has been experiencing tough times. "While local developers need credits to implement their projects, lending rates some times reach 25%," Mr Radchuk claims, "Of course, we are not prepared to take a credit under such terms." Foreign lenders are also very cautious, waiting for the second wave of the global downturn. "The company is now talking with a few potential investors who could provide equity financing on a project level in order to speed up construction works. And once the credit cost will go down to an acceptable level, KDD will finalise its negotiations with several commercial banks. |
Posted at 01/11/2010 17:09 by tadska 24 September 2010PROPERTY DEVELOPMENT Swissôtel to open luxury hotel in Kyiv's Sky Towers Swissôtel Hotels & Resorts part of the major global hotel chain Faimont Raffles Hotels International, will open its first deluxe hotel in Ukraine in June 2012, before UEFA Euro 2012. The new hotel, estimated to cost around USD 300m, is currently be- ing built in the Ukrainian capital of Kyiv by KDD Group. KDD Group, one of the country's leading real estate investors and developers. The two partners signed a management agreement in June 2010. The Swissôtel Kyiv is anticipated to welcome guests for the UEFA Euro 2012 and features 513 guest-rooms and suites, 14 serviced residences, 4,000 sq. m of conference space, as well as a 3000 sq. m spa. "Following on from the company's successful openings in Moscow, Swissôtel Kyiv will be another significant step for the expansion of Swissôtel Hotels & Resorts into Eastern Europe," says the group president Meinhard Huck in a statement. The future Swissôtel Kyiv will form part of the "Sky Towers", a mixed use development comprised of twin towers of 34 and 47 storeys. Sky Towers is located in Peremogy Avenue, close to Kyiv's city centre and is comprised of hotel facilities, serviced residences and grade A offices. Sky Towers is the key project for KDD Group, and Swissôtel suits the picture. Photo: Swissôtel Sky Towers is the key project for KDD Group, according to its vice-president Petro Radchuk. "We have not suspended this construction for a single hour even during the worst days of the economic crisis," he says to news2biz. characteristics," Mr Radchuk says, "For instance; the hotel features large conference spaces and Swissotel specialises in holding conferences." Radchuk adds, however, that in general, the Ukrainian property and development sector has been experiencing tough times. "While local developers need credits to implement their projects, lending rates some- times reach 25%," Mr Radchuk claims, "Of course, we are not prepared to take a credit under such terms." Foreign lenders are also very cautious, waiting for the second wave of the global downturn. "The company is now talking with a few potential investors who could provide equity financing on a project level in order to speed up construction works. And once the credit cost will go down to an acceptable level, KDD will finalise its negotiations with several commercial banks. Nine projects in pipeline KDD Group is the holding company of one of Ukraine's leading real estate investment and development groups. The company holds a diver- plexes, retail centres and mixed-use projects. Currently it has nine projects, of which three are in the construction phase and six are at various stages of design and development. Swissôtel Hotels & Resorts is owned by Fairmont Raffles Hotels International, a leading global hotel company with 95 hotels and resorts worldwide under the Raffles, Fairmont and Swissôtel brands. We have talked to Petro Radchuk ir@kddgroup.com.ua Tel +38 044 288 0358 (switchboard) |
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