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TMM Finishes Construction of Chaadaeva 2

TMM Finishes Construction of Chaadaeva 2

23 August 2008

TMM Real Estate Development (TR61 GR: BUY) has finished construction of an economy-class residential complex at 2 Chaadeva Street, according to the company’s website. Residents are scheduled to move into their apartments this fall. The landplot is located on the right bank of the Dnipro River in Kyiv, 30 minutes away from the city center by public transportation. According to TMM, the 23-story building and parking complex has a total salable area of 14,456 m2. Andriy Gostik: The completion of the residential project at 2 Chaadaeva Street is in line with our projections and is as scheduled by the company. Sales and income from the project should be realized in 2H07.

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