According to the company’s web-site, TMM Real Estate Development (TR61 GR: BUY) announced it will develop the Yuzhniy Neighborhood in the Kyiv Region. This project has not been added to TMM’s portfolio and implies building 32 residential houses with a total area of 385 ths m2. The neighborhood will be constructed on a 37.5 ha land plot. The sum to be invested is not disclosed.