TMM Company started sales of apartments in the second phase of Sonyachna brama business-class residential complex at 73-79 Lomonosova str., Kyiv. The second phase comprises 311 apartments with the total sellable area of 37,000 sq m. As of 01.01.2012 the level of the second phase completion is 35% in monetary terms. Currently over 400 construction workers are working on the construction site. Commissioning of the second phase of the complex is scheduled for the 4th quarter of 2012. The four buildings of the second phase (5, 10, 13 and 15 storeys) are currently at the level of monolith frame construction with the brick laying works started. Another building, a 19-storeyed residential block...

A newly opened "Exhibition Center" metro station in Kyiv, being located near TMM's current residential project on Lomonosova str., significantly improves accessibility of the complex. "Exhibition Center" metro station was put into operation on 27 December 2011, according to the official notification on the Kyiv Metro website. The station is located on Vasylkivska str. near National Exhibition Center and the Kyiv Taras Shevchenko National University campus. Location of the Sonyachna brama complex in the proximity of a metro station and main city roads as well as improved accessibility of the area after the Moskovska square reconstruction are substantial advantages for business-class...

Sonyachna brama residential complex (Lomonosova str., Kyiv) was named among prestigious European Property Awards 2011 winners in the category of Residential High-rise Development in Ukraine. The project was presented by TMM Company, an investor and general contractor of the project. Kyiv Taras Shevchenko National University acts as an employer of the project construction. Sonyachna brama, a complex with the total area of 234,000 sq m, represents a project of a residential micro district with internal infrastructure and comprises 14 residential buildings and 2 office buildings. The project comprises four stages of construction. The first stage of the complex was put into operation in 2010. ...

TMM Company in partnership with JSC "Oschadbank" started a loan program for buyers of completed properties in TMM's projects in Kyiv and Kharkiv – a 20-year 12% rate mortgage in local currency with a minimal downpayment of 30% of the total property value and repayment by equal parts. The offered program is applied to 7 residential complexes put into operation by TMM in Kyiv and Kharkiv, including the first stage of Sonyachna brama complex. Alexey Govorun, Deputy CEO of TMM: "Together with Oschadbank we are glad to offer our customers the most attractive 20-year mortgage rate in the current lending market*. Moreover, TMM and JSC "Oschadbank" are finalizing development of the...

Sonyachna brama residential complex (73-79 Lomonosova str.) was ranked third in the rating of "9 best residential complexes 2011" by Building magazine. Among the top three complexes only Sonyachna brama is located in Holosiivsky district of Kyiv. The developments ranked first and second in the rating are both located in the central, Pechersky, district. Sonyachna brama, a complex with the total area of 234,000 sq m, represents a project of a residential micro district with internal infrastructure and comprises 14 residential blocks and 2 office buildings. The project consists of four stages. The first stage* of the complex with the total area of 62 thousand sq m was commissioned in 2010....

TMM Company and CJSC Oschadbank have signed an agreement increasing the company's credit limit by UAH 500 million. The funds will be directed to completion of the second, third and fourth stages of Sonyachna brama residential complex (73-79 Lomonosova str., Kyiv). The line of credit maturity date is 28 September 2016. Mykola Tolmachov, TMM's CEO: "We highly value the trust of a state bank. The credit line with Oshadbank allows the company to diversify the sources of the project funding and to continue construction of 2nd, 3rd and 4th stages of the complex at the highest pace. Currently around 40% of the apartments in the first stage are available for sale as completed property. We are...

TMM Company has put into operation new buildings of its TMM-Yalta hotel complex (16 Lesi Ukrainky str.). The new complex of buildings with the total area of 2.8 thousand sq m comprises a 4-storeyed hotel building with a cafe and an administrative building. The construction works were carried out from 2007 till 2010. TMM acted as an investor and general contractor of the construction. New buildings strengthen the internal infrastructure of the hotel complex, located in the center of Yalta. With the new buildings commissioned, the hotel complex now includes three hotel blocks for 55 rooms, a canteen, a café, a swimming pool, a sauna and engineering infrastructure objects. In 2011 the...

TMM Company and Kyiv Taras Shevchenko National University have confirmed their partnership in realization of Sonyachna brama project, a large-scale residential complex at 73-79 Lomonosova str., Kyiv, by signing a new version of the Investment Agreement, which was approved by the Ministry of Education of Ukraine. The parties express mutual satisfaction with the achieved results and confidence in their future effective cooperation in relation to construction of the second, third and fourth stages of Sonyachna brama complex. Under the terms of the agreement, commissioning of the whole complex is scheduled for the second quarter of 2014 with a right of preliminary commissioning by separate...

TMM Real Estate Development PLC (FRA: TR61) (the "Company"), Ukraine's leading real estate development and construction company, announces that it has published Consolidated Financial Statements under IFRS for the year ended 31.12.2010 audited by Ernst & Young Cyprus Limited. Key Financial Highlights: Revenue – USD 51.3 mln compared to USD 42.2 mln in 2009 Profit for the year – USD 17.0 mln compared to loss for the year USD 14.3 mln in 2009 Total assets as at 31 Dec 2010 – USD 374.2 mln compared to USD 356.8 mln as at 31 Dec 2009.Consolidated Financial Statements as at 31 December 2010 and for the year then ended with Independent Auditor's Report are published on the...

TMM Company's brand was rated first among the most expensive construction brands in Ukraine according to the results of the "Guard of Brands" rating survey, a joint project of "Galytski Kontrakty" Publishing House and Ukrainian Rating Agency. TMM's brand is rated 57th in the general rating of 200 most expensive Ukrainian corporate brands. According to the rating, the value of TMM's brand amounted to UAH 1,221.8 million, which is 1.67x higher than the result of 2009 valuation. The survey was not carried out in 2010. In order to calculate the value of brands and determine their positions in the rating, factor and financial analysis of the companies' operations was carried out; it included...