29 June 2026
S1 Obolon: commissioning timeline update
#S1 Obolon, S1 REIT
S1 REIT provides an official update regarding the project timeline for the S1 Obolon profitable residential building, prioritizing energy resilience and long-term asset quality.
Updated project schedule
- Expected commissioning: 2nd Quarter of 2027
- Estimated rental commencement: 4th Quarter of 2027
Reasons for schedule adjustment
To ensure the building remains fully operational and comfortable regardless of city-wide power stability, the developer, Standard One, is upgrading the energy infrastructure.
The technical enhancements include:
- Uninterrupted operation of the rooftop gas boiler house.
- Stable functionality of the individual heating unit.
- Reliable, rapid transition of these systems to backup power during outages.
These technical solutions require additional approval from municipal services, which is currently in the final stages.
Strategic quality and investor protection
We prioritize the long-term investment attractiveness and liquid value of the asset over tactical speed. These improvements significantly increase the building's energy efficiency, resident comfort, and overall market value.
Commitment to investors:
- Compensation mechanism: starting from the 2nd Quarter of 2027, the developer will pay the REIT compensation at a rate of 5% per annum in USD for each month of delay.
- Dividend distribution: these compensation funds will be distributed among the fund’s investors as dividends starting from the 2nd Quarter of 2027.
Disclaimer
This information does not constitute investment advice. Past performance is no guarantee of future returns.
