TMM Extends Its Fixed Exchange Rates Program
OREANDA-NEWS. On 23 January 2009 was announced, that TMM Company extends the period of its special offer "Stable exchange rate from stable company" till 28.02.2009 inclusive as a result of the program efficiency in December 2008.
TMM offers its clients to purchase apartments in the company's objects under construction on favorable terms. Special recalculation rates for real estate (USD to UAH, EUR to UAH) are available for TMM's clients in the period December 1, 2008 through February 28, 2009. During this period the exchange rates are fixed as follows:
1 EUR – 7.5 UAH;
1 USD – 6.0 UAH.
These rates are valid for clients who purchase real estate during the period December 1, 2008 through February 28, 2009 in TMM's objects under construction as well as for buyers who have earlier purchased TMM's real estate on terms of installment payments and are making payments during the period December 1, 2008 through February 28, 2009.
TMM was the first to offer the program of fixing exchange rates for residential real estate purchasers during the period of exchange rate fluctuations. The program showed its marketing efficiency and facilitated stable revenues from sales of real estate: sales volume in December 2008 amounted to 99% of that in November 2008. Currently TMM has apartments available for sale in 13 residential real estate objects in Kyiv, Kharkiv and Zhytomyr.
As reported earlier, TMM's decision to fix exchange rates makes the purchase of TMM's real estate currently under construction more reasonable under the general conditions of unstable currency exchange rates. As an alternative for the squeezed banking credits TMM provides a special program for its clients. The program enables to purchase real estate in TMM's projects under construction on terms of installment payments. This program has been available for TMM's clients since the company's foundation in 1994.
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