Publication for investors

After the full-scale invasion of the aggressor country, we made a difficult but completely justified decision to stop construction work at our construction sites. First of all, we were guided by the preservation of the lives and health of our employees, the preservation of equipment and other material assets of contractors, the maintenance of partnership relations with partners, the restoration of already paid construction materials that were destroyed in supplier warehouses. As at the beginning of the full-scale invasion, and now, we are confident that the highest value of a developed democracy is human life, not company profits. Although, let's be honest, every year of downtime at a construction site is a huge loss for business.

In this difficult time, we are open to each of our investors, we meet with everyone, we talk about the real state of affairs and together with you we look into the future, bringing closer the day when everyone will receive their investment object.

We have analyzed our activities, worked on mistakes, made painful decisions for the company, which led to a change in the company's management.

We continue to build cooperation with users and owners of land plots on which we build construction objects, sharing both material and administrative difficulties, continuing to remain attractive to them.

In addition, it was during the full-scale invasion, when the capital was experiencing the destruction of residential complexes from enemy shelling, and our partners were seeking temporary protection outside the country, that the local authorities decided to terminate the lease agreement for the land plot under the construction of the Holosiivska Dolyna residential complex with one of our customers - PrJSC "ATP 13058". We are currently working on this situation with PrJSC "ATP 13058" and are consulting on restarting the allocation of the land plot to the construction customer. But I would like to dwell on the fact that the above situation occurred due to the silence of the problem on the part of the Manager of the Construction Financing Funds - the Financial Company "Zhytlo-Capital", which, exercising control over the use of attracted investor funds, knew in detail about all the problematic issues of the previous developer from the orbit of the Ukrbud Corporation, about the construction permits obtained by this previous developer and their "weak points". For our part, when our company accepted the unfinished construction, we officially re-registered all permits with the regulatory authorities, providing a full package of permits, including the right to use the land plot, on the street. P. Kaisarova, 7/9. When entering data into the Construction Register, data was exchanged with other state registers, including regarding the characteristics of the land plot, and the state did not have any comments on the construction.

Moreover, in August 2021 LLC "Stroy City Capital" completed the construction of the first three sections of the building of the residential complex "Holosiivska Dolyna" (Phase I), for which it received Certificate IU123210729182 on the acceptance into operation of the completed construction facility. The state's verification of the facility's readiness for operation also included a verification of permits for the right to use the land plot.

When deciding to terminate the land lease agreement in 2023, the Supreme Court noted: “At the same time, the defendant is not deprived of the opportunity, in the interests of construction investors, to register a part of the disputed land plot under an already constructed residential building in accordance with the current land legislation,” which confirms the absence of “claims” to the construction permits.

Regarding the Manager himself – the Financial Company “Zhytlo-Capital”, we learned the following from open sources.

By Order No. 49-DUM of April 14, 2023 of the National Securities and Stock Market Commission (hereinafter referred to as the NSSMC), LLC “FC “Zhytlo-Capital” is obliged to eliminate violations of the law by July 14, 2023 by placing all funds of the Operational Reserve of Construction Financing Funds in the amount of UAH 3,711,610,978.24. (according to the information provided by the company in the letter under entry No. 20/01-10/2529 dated 02/13/2023) on deposit accounts in banks whose credit rating corresponds to the investment level according to the National Rating Scale approved by the Cabinet of Ministers of Ukraine, and by 07/14/2023, inform in writing the authorized persons of the Commission and the Capital Markets Supervision Department about the implementation of this order.

In accordance with the order No. 173-DUM of the NSSMC dated 07/11/2023, LLC FC Zhitlo-Capital is obliged until 09/08/2023. eliminate violations of the law and bring prudential indicators into line with the law and provide the Commission with relevant evidence (please note that only funds held in banks and invested by the manager in the Public Assistance Fund LLC can be included in the calculation of the liquidity ratio 353,386,579.59 UAH., which does not have a license to provide financial services (cancelled)).

By the Resolution of the NSSMC No. 136-DUM dated July 11, 2023, a sanction in the form of a warning was applied to LLC "FC "Zhytlo-Capital".

On August 11, 2023, the NSSMC drew up an act on violations in the capital market and organized commodity markets No. 199-DUM.

September 12, 2023 The NSSMC adopted Resolution No. 188-DUM on imposing sanctions for violations in the capital market and organized commodity markets, according to which, upon detection of a violation, a sanction was applied to LLC "FC "Zhytlo-Capital" in the form of suspension of the license for conducting professional activities in the capital markets - property management activities for financing construction projects and/or conducting real estate transactions.

In addition, on 11/30/2023 The NSSMC, by resolution No. 254-DUM, imposed a fine on FC Zhitlo-Capital LLC for submitting incomplete information at the request of the Commission.

It is necessary to pay attention to the following:

  • On October 11, 2023, FC Zhitlo-Capital LLC filed a lawsuit with the court to declare the resolution dated September 12, 2023 No. 188-DUM, the order dated September 12, 2023 No. 271-DUM illegal and to cancel it.
  • On October 13, 2023, by the decision of the Kyiv District Administrative Court in case No. 320/35560/23, the application of LLC FC Zhitlo-Capital for securing the claim was granted and the effect of the resolution of the National Securities and Stock Market Commission No. 188-DUM dated September 12, 2023 was suspended.

In addition, the Sixth Administrative Court of Appeal granted the appeal of the NSSMC, providing in the form of suspension of the resolution of the National Securities and Stock Market Commission No. 188-DUM dated September 12, 2023. cancelled.

In accordance with paragraphs 6, 14 of part 1 of Article 73 of the Law of Ukraine "On Capital Markets and Organized Commodity Markets", the National Securities and Stock Market Commission has the right to cancel the issued license for conducting a certain type of activity on capital markets and organized commodity markets if:

  • a professional participant in capital markets and organized commodity markets has not complied with the order of the National Securities and Stock Market Commission on eliminating violations of the legislation on capital markets and organized commodity markets sent through the official communication channel (in particular, regarding violation of licensing conditions);
  • a professional participant in capital markets and organized commodity markets has committed a systemic and gross violation on capital markets and organized commodity markets commodity markets.

A violation on capital markets and organized commodity markets is considered to have been committed systematically if:

  • a) such violation is repeated within a year from the date of being held liable for a previous violation of the legislation on capital markets and organized commodity markets or the legislation on the protection of the rights of consumers of financial services (hereinafter referred to as the first violation) by violating the same norms of such legislation, provided that the decision of the National Securities and Stock Market Commission, which established such repeated violation, has not been canceled by a court or proceedings are not being considered by the court in relation to such decision in a case to challenge its legality and cancellation.
  • b) such violation is the third within a year from the date of being held liable for the first violation by violating any norms of such legislation, provided that the decision of the National Securities and Stock Market Commission, which established such third violation, has not been canceled by a court or The court does not consider proceedings in the case of challenging its legality and cancellation of such a decision.

Thus, the NSSMC has identified more than 3 violations of the law by LLC FC Zhitlo-Capital and the Manager will probably not be able to fulfill the Commission's order, in particular, return UAH 3,711,610,978.24. from LLC "KASA NARODNOYI DOPOMOHY" by placing operational reserve funds on deposit accounts in banks.

THERE IS A SIGNIFICANT RISK OF CANCELLATION OF THE LICENSE OF LLC "FC "ZHYTLO-KAPITAL" TO CONDUCT PROFESSIONAL ACTIVITIES IN THE CAPITAL MARKETS - PROPERTY MANAGEMENT ACTIVITIES FOR FINANCING CONSTRUCTION OBJECTS AND/OR REAL ESTATE TRANSACTIONS.

Our company understands the catastrophic consequences of depriving the license of the Manager of Construction Financing Funds, which is why we have already held consultations with the largest developers of the capital, involved the country's leading lawyers and are implementing a restart of financing the construction of facilities.

Active projects

Crystal Residence residential complex
26/28 Zhylianska St.
Olympic Station
Holosiivska Dolyna Residential Complex
7/9 Kaysarova St.
Vasylkivska metro station
BC LEVEL
Kyiv, Laboratornaya St., 6
subway station Palace Ukraine

About company

READY OBJECTS
17

The company experience includes construction of small and multi-storey residential buildings, custom-built real estate, as well as multifunctional complexes: It-park, UP-quarters, towers in Kiev and Kharkiv

THE AVERAGE PERIOD OF
CONSTRUCTION
28months

The high speed of construction from the beginning to commissioning is achieved through the use of innovative materials and construction technologies. Builders work in 2 shifts and obsere the stages of construction

CHEAPER on
THE FIRST STAGES
до 30 %

With each stage of construction, the cost of 1 m2 increases. After the commissioning price increases in 30- 50% compared to the price at the start of sales. Buy in the early stages of construction and get a wider selection with a best price

PROJECTS
IN PROCESS
5

At the moment, at the stage of construction and realization of the company there are 5 projects, which include both residential real estate and commercial property with the A+ and B+ offices

Benefits

We care about your comfort

Management Company:

  • cleans and ennobles the local area and entrances;
  • monitors the correct operation of communications performs the function of supply in commercial real estate;
  • seeks tenants for investors and monitors payments

Energy efficient property

During the construction of the facilities, we use the Swedish ventilated facades Marmoroc and warmth with breathable mineral wool instead of polystyrene foam.

As a result:

  • 3x-air-exchange in the room;
  • comfortable microclimate (desired temperature and humidity);
  • reduction in heat loss and saving on payments in winter

Take care of your time

Each new facility is either a multifunctional complex or located in a convenient location. On the territory or near with our objects are offices, apartments, shops, restaurants, parking, kindergarten, gym, recreation areas and other objects necessary for life and work.

We are reviving history

It-park Manufactura – more than 40,000 м2 for the needs of the IT sector developing and attracting investment in Kharkiv. It is a reconstruction of the first automated flour mill, which has been an abandoned place for the past 25 years, which scaring away citizens and visitors

The same story with the Parkovy Quarter and Vienner House, which turned from abandoned to ennobled places full of people and happy families.

We are Innovators

In the account of the company:

  • The first innovative park in Kharkov, combining the IT-industry, investors, small and medium-sized businesses;
  • The first premium-towers High Hills with business-class apartments, a swimming pool and a BBQ-zone on the roof and A + offices with an areas up to 1500 м2
Преимущества
Преимущества
Преимущества
Преимущества
Преимущества
Преимущества
Преимущества
Преимущества

Videos

News

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Commentary of the developer on the decision of the Northern Commercial Court of Appeal dated 09.02.2023 in case No. 910/10860/21

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UPDATED ADDRESS OF THE SALES DEPARTMENT OF STROY CITY CAPITAL IN KYIV.

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Stroy City Development Group resumes work with clients. Current contact numbers

Stroy City Development Group resumes work with clients. Current contact numbers

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Stroy City Development Group resumes work with clients. Current contact numbers
Dear investors! Stroy City Development Group resumes operations in Kyiv!

Шановні інвестори! Строй Сіті Development Group відновлює роботу у Києві!

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Dear investors! Stroy City Development Group resumes operations in Kyiv!
Dear our investors!

Шановні наші інвестори!

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Dear our investors!
We support the resistance✊

Підтримуємо супротив✊ Допомагаючи нашим захисникам, рішуче рухаємось до перемоги💪

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We support the resistance✊
Payments suspended

З 1 березня 2022 року ми призупиняємо вимоги по всіх платежах...

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Payments suspended