Kdd Group Share Discussion Threads

[simon gordon] 06/11/2010 13:24

Looks like this one:

PecherSky





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Does that mean they now have two building under construction?

[tadska] 06/11/2010 13:12

Great News! Construction Resumed!
5:32 03.09.2010 | Economy | All articles Ukr | Rus
185033

Who encroach on the Lavra Belltower?
Basil Cymbalyuk
Protection zones of World Heritage Sites in Ukraine continue to suffer from attacks of irresponsible developers. No sooner had the new Kyiv authorities suspended in August, a devastating construction near Sofia, as almost simultaneously activate another developer, encroaching on their laurels. With the new force has resumed construction on the scandalous Strutinsky street in the capital in the protected zone Lavra Reserve.

It looks like Ukraine and if lucky, a short-lived. August 3, 2010 UNESCO World Heritage Committee removed from the agenda the question of making the St. Sophia Cathedral and Kyiv Pechersk Lavra in the list of objects at risk. This decision was a colossal work of diplomats, guarding the reputation of the state.

UNESCO experts have assured that the new Kyiv authorities, headed by Alexander Popov cope with the problematic points in which its shameful state construction projects. In part, the promises have been fulfilled. For example, the decision to halt construction of residential complex «Fresco Sofia» in the buffer zone of Hagia Sophia in Kiev, at Gonchar 17-23, took the city council and signed by Mayor Leonid Chernovetsky.

However, an example of unfair "colleagues" did not become a lesson for companies KDD Group, which builds in a buffer zone of another monument, protected by Unesco - the Kiev-Pechersk Lavra. According to local residents, the developer in August resumed construction work, and the entire month stepped up their pace.

Reference. Project PecherSKY at Strutinsky 2 in Kiev provides for the construction of the cascade buildings (from 10 to 23 storeys), which will be 197 apartments (total area - about 50,500 square meters. M). The residential complex will have all types of housing - from studios to two-level penthouses, as well as office space and parking for 262 cars.

Complete construction planned at the end of 2009, but prevented the crisis - the work had been suspended. Since the summer of 2010, construction resumed.

Confident in their prospects for the behavior of the builder raises questions: Does such a candid new team of managers of Kiev in his desire to preserve the holy city? Why is one (rightly) ban to build, and another, in exactly the same violators of laws - allowed?

[envirovision] 05/11/2010 09:08

Depends on the news really, but with no news i would probably sell half at 30 and let the rest ride. However it would be nice not to sell and let some fair value establish itself, i.e. 60p and above.

[tadska] 05/11/2010 08:41

Hi envirovision,
I bought in early 2009 then the share price was at 5p level and sold with 100% profit,i sold it to early, but i needed money for other investments. Well profit is a profit. No i am in again, but don`t know for how long, you never know what opportunity you can expect in todays market.
How about you, are you long term here?

[envirovision] 04/11/2010 21:00

Thanks. I had a buy limit which never got filled, so added to my holding at 17.9 in the end. Now it just a waiting game which may be weeks or months, but the payoff should be worth it.

I see you appear to have been following for some time tadska, whats your method if you dont mind me asking, have you bought and sold and re bought lower , buy and hold etc ??

[tadska] 04/11/2010 19:01

envirovision,
there is always a seller...
I posted some info on kddg board on iii.

[envirovision] 02/11/2010 11:50

Someone is getting out regardless of wha they get for their holding. I do remember these being highly illiquid back n 2009. Clearly somethings dont change!

[golla] 02/11/2010 10:31

What cud be the reason for continuos fall?Looks really cheap or is it?

[tadska] 02/11/2010 10:22

UT and share price goes 15% down...lol...

[tadska] 01/11/2010 17:25

but also,
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.

[simon gordon] 01/11/2010 17:13

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.

[tadska] 01/11/2010 17:09

24 September 2010

PROPERTY 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 [e-mail]
Tel [phone] (switchboard)

[tadska] 01/11/2010 16:31

Simon,

good question, i think they are able to do that. Current economical situation in Ukraine is very positive for KDDG, and company results, cheap prices, etc.
I will try to find some more info on a web and will post it here.

[simon gordon] 01/11/2010 16:20

Tadska,

Are KDDG able to access cost effective financing to build their projects, if not, is this why the share is trending down?

[tadska] 01/11/2010 16:18

In addition, the city's budget is not counted more than 2,7 mln. That the developer had to pay as compensation for the felling of 250 trees in the city.
And - £0.079 per Hryvnia rate on Mon, 1 November, 2010 so approximately, 2.7 mln Hryvnia = £213179, not much for multi million project.

[tadska] 01/11/2010 16:06

multubager...lol.

[envirovision] 01/11/2010 15:55

Hordean rising NAV around £1.40 per share:

29th sept 2010

The Company's net asset value, as at 30 June 2010, increased by approximately EUR 40.4 million to EUR 256.9 million, compared to the value as at 31 December 2009. This increase contributed towards the Group's net profits of EUR 3.9 million, for the six months ended 30 June 2010, together with the positive impact of EUR 36.4 million from the translation from UAH to EUR as a presentation currency.

256.9m / fx rate 1.14 = £225.35m

NAV = £225.35 / 162.687763m shares = 138.51 pence

[tadska] 01/11/2010 15:55

and some News:

Park Chernovetsky period.
More recently, Kiev rightly carried the status of one of the greenest cities in Europe. However, due to ill-conceived environmental policies, the city not only lost this honor, but today is one of the worst European cities in terms of the environmental situation.

In recent years, the Kyiv authorities and at all declared the "war" parks, squares and other green areas of Kiev. Chaotic development of the capital shopping centers, office complexes and other commercial real estate has long passed all bounds of common sense. In pursuit of super profit officials allow developers to destroy whole acres of greenery in the city.

The last "gift" from the metropolitan government in the form of clearing the park area, on the eve of the New Year were residents Dnipro district of Kyiv. Here, opposite the department store Detsky Mir has been destroyed several hectares of pine park until Brovarskiy avenue. New Year's holidays and the presidential election contributed to the fact that busy people in their own problems is not immediately noticed as the night unknown persons began to saw the trees. As a result, the park was destroyed more than 250 trees, including century-old pine trees about 30, including walking more than one generation of Kiev.
In addition,the city council has defined 3 other companies won a tender for the reconstruction of the city's infrastructure. These companies were: OOO I. P. B. "To be" covered "area" left bank - water park; LLC "Smart City" received a portion between the stations "Wood - Chernihiv" and "Grossvil" developing are the area between stations Darnitsa - The left bank ". Relevant decisions of city council, signed by the mayor of Kiev L. Chernovetskiy. From the outside it looks as though randomly to firms which, by the way, there is almost no information to win the contest for the cover along the subway lines, as quite "accidentally" got sites in the green areas along the metro stations, which, however, for some reason are on the opposite side of the subway linesThe fact of the lack of warrants, allegedly confirmed in the Municipality and Kiev, claiming that no permits for cutting trees, representatives of the "Tier" they were not given.

In this regard, the prosecution Dnipro district of Kyiv instituted criminal proceedings against the company "project company" tier. " Over time, however, the case was closed because of the availability of compelling the company to the ground state certificate. Subsequently, the city prosecutor's office has already Kiev resumed criminal proceedings against public servants LLC "tier" of Part 1 of Art. 365 of the Criminal Code of Ukraine, who are accused of punching square Brovary between avenues and streets Baby. In addition, the city's budget is not counted more than 2,7 mln. That the developer had to pay as compensation for the felling of 250 trees in the city.

Further, the assumption that the felling of trees has absolutely nothing to do with covering metro, can attest. The fact that "project company" tier "has received from the Kiev authorities 2 parcels: 0.49 and 0.4 ha, which is absolutely not linked with an area of felled plantation. According to other information, an area designated for recreational areas and sites may amount to several hectares. At the site of the destroyed fleet companies gathered to build a shopping and entertainment center with parking and surrounding infrastructure. More - more. According to information from public sources, cutting this part of the park - is just the beginning of construction and development of large retail and office complex with parking and a hotel - «Metro City», which must be placed on the left bank of the capital, but is not yet clear exactly where. However, it is possible that it is in the territory, which was a little-known company "project company" tier "and a few other companies listed directly to the contest.

And that means only one thing: in the near future this area could expand significantly. Also quite interesting is the information about the direct executors of cutting down trees - LLC "Project Company" tier. " First, as global plans and perseverance small companies may seem a little strange. Thus, according to the newspaper "Business Capital LLC, the project company" tier "registered in the Pechersk district of Kiev on February 14 2007 Head - Violin Nikolai Ivanovich. And here is one of the main points, which clarifies the situation a bit: real estate development company, is part of KDD Group. Legally, a "granddaughter" Dutch management company of KDD Group NV Founders LLC Project Company "tier" were Kiev Ltd "CRT Group (100% charter capital owned by KDD Group NV) and" Centre for Public Service and Supply "Forest" ( lion's share of charter capital owned by KDD Group NV, a small fraction - LLC KDD Group ").

The company has several large deployments in Kiev: residential complex Vvedensky "in Pechersk district, a multifunctional complex" Diplomat Hall "in the Shevchenko district, business center" Kiev-Donbass in Leo Tolstoy Square. It is not excluded that the project is so ambitious and commercially profitable development of the left bank, as «Metro City», which was associated with KDD Group, the company will realize through the establishment of subsidiaries. They, in turn, can acquire land for Svyatoshynskyi-Brovarskyi subway lines, and the Kiev government will do its best to facilitate them to do so, by ignoring public opinion and rigging solutions to bypass the territorial communities and in favor of developers.

[tadska] 01/11/2010 15:36

Some info:

In 2010, KDD Group NV plans to resume construction of a residential complex PecherSKY (Kiev Zoo, ul Sergei Strutinsky, 2). The company also plans this year to begin construction of a hotel complex "Smoking" (Kiev, Pechersk) and residential complex on the boulevard Lesia Ukrainka 9a.

Peter Radchuk, vice president of the company:

- We are planning this year to resume construction in Pechersk district (residential complex PecherSKY), as well as to begin construction of "Smoking" and "Lucky" (a plot on the parkway Lesi Ukrainka 9a KDD Group NV acquired OOO "Lucky"). Until the end of the year we want to start. We hope even in the summer to begin. But to start to negotiate with bankers on the financing.

Under the project the total area of the residential complex premium on Lesya Ukrainka Boulevard, 9a should reach 5,447 square meters. Including: residential area 3,865 square meters. M, underground parking - 1269 square meters. M of office space - 313 square meters. The area of land for construction of residential complex - 0,17 hectares.

Kiev Pechersk district, the Zoo, ul Sergei Strutinsky 2

Constructed a residential complex with premium 700 meters from the metro station "Friendship of Peoples".

Land area - 0.81 hectares.

The project envisages the construction of the cascade buildings (14-23 floors) in 197 apartments. Total projected area of the residential complex - about 50,500 square meters. M). The area of apartments - from 50 to 239 square meters. The residential complex will have all types of housing - from studios to two-level penthouses.

The draft of the residential complex PecherSKY provided space for offices, their total area - 3,600 square meters. Also planned to construct a 4-level underground, surface parking for 262 parking spaces and 2 guest parking for 50 cars.

Construction of residential complex launched in kvartale'2007 IV. Complete construction planned at the end of 2009. For financial reasons, the construction work was suspended, the timing of putting into operation moved to kvartal'2011 II.

The project is a residential complex designed by architectural PecherSKY agency TAM Vitaly Vasyagin. Real Estate Developer - KDD Group NV
"Smoking" (Kurenі)

Kiev Pechersk district Pechersk

Projected hotel complex of luxury in the area of Kiev-Pechersk Lavra.

Complex "Smoking" plan to place on the land, 0.52 hectares. The project - the construction of an 8-storey building with total area of 15,460 square meters. M, of which 8,447 square meters. It is planned to allocate to 1973 hotel room "boutique hotel" and 8 suites.

The hotel complex will also include a spa and fitness center (1063 square meters. M), restaurants and bars (1,837 square meters. M). The design of the parking spaces in parking lots (above and below ground) - 49.


The project plan of the hotel complex "Smoking" is designed architectural agency TAM Vitaly Vasyagin. Real Estate Developer - KDD Group NV
KDD Group NV

Holding the asset management company KDD Group (Netherlands) in real estate.

Established in 2007. The main activities of KDD Group NV: Construction of business centers (commercial real estate), retail, residential and mixed-use complexes.

At the moment, KDD Group NV sells 8 projects in real estate in Ukraine (7 in Kiev and one in Lviv). Among them, 3 - under construction, 5 - in various stages of design and development. The total project area - about 2.7 million square meters.

Completed projects KDD Group NV in Kiev:

- Office-residential complex "Botanic Towers (completed in 2006);

- Residential complex "Diplomat Hall" (2005);

- Residential complex "Vvedensky (2003);

- Business Center "Kiev-Donbass" (1997).

Current projects in Kiev and Kiev region:

- Business Center World Trade Center (near central station in Kiev, the construction started in the IV quarter of 2007, suspended the summer of 2008);

- Business Center Sky Towers (Kiev, Prospekt Pobedy, construction is under way with the IV quarter of 2007, completion scheduled for the II quarter of 2012);

- Mall Centro (Kiev region, Zhitomir highway construction is not started);

- Residential complex PecherSKY (Kiev Zoo, ul Sergei Strutinsky 2; construction started in the IV quarter of 2007, is currently suspended; commissioning scheduled for the II quarter 2011);

- Retail and office center Metro City (Kiev, Left Bank, the construction is not started);

- Hotel complex "Smoking" (Kiev, Pechersk, the beginning of construction is planned for the I quarter of 2010, completion of construction - the IV quarter of 2011).

[horndean eagle] 01/11/2010 15:34

Whats the attraction here envirovision?

[envirovision] 01/11/2010 14:48

shows as 2 trades one for 30k one for 15k on plus markets



looks like theres a seller 206,000 sold in auction for 17p

Interestingly DUPD has been suffering someone off loading recently.

[tadska] 01/11/2010 13:42

Why its not showing?

[envirovision] 01/11/2010 12:00

Added 45K this am, looks underpriced.

[tadska] 28/10/2010 17:00

no reason for this fall... will be back in 30 soon.