TMM increases property sales in January & February

TMM (FSE: TR61 GR) reported on Friday in a press release cash receipts from property sales in January of UAH 21.8 mln (up 3.1x yoy) and in February of UAH 23.2 mln (up 1.6x yoy). The developer said that sales in completed projects constituted 88% and 79%, respectively, of the total, with pre-sales in projects under construction constituting the remaining amount.