TMM's Cash Collections from Sales of Properties Grow 2.7x Y-o-Y in H1
OREANDA-NEWS. In H1 2014, TMM Company's cash collections from sales of properties grew by 167% y-o-y and amounted to UAH 221.8 million (UAH 80.2mn in Q1 and UAH 141.6mn in Q2).
Pre-sales in projects under construction accounted for 41% of the total sales amount. Pre-sales are currently underway in the 3rd phases of Lomonosova str. (Kyiv) and Akhsarova str. (Kharkiv) projects, completion of both of which is scheduled for 2014.
Sales in Kyiv and Kharkiv constituted 87% and 13% of the total amount respectively.
The total sales breakdown by class of property is, as follows: business - 93%; premium - 7%.
TMM's largest project with sales underway is a business-class residential complex Sonyachna brama (73-79 Lomonosova str., Kyiv), with the total sellable area of around 160 ths. sq m.
Комментарии