December 15, 2025
S1 REIT investors received first million in dividends
#S1 REIT, S1 VDNG
S1 REIT, the investment instrument by developer Standard One, has paid out its first million in dividends. The cash distributions were received by investors in the S1 VDNG REIT. The total amount of dividends for the period from April to December 2025 reached 1,025,862.49 UAH, which, after tax deductions, amounted to 914,797.93 UAH.
"The example of S1 REIT proves that the residential rental sector in Kyiv is highly profitable. High yields are maintained even under conditions of transparent operations, without resorting to 'gray' schemes for tax optimization. Through our work, we have not only ensured timely dividend payouts to investors but also replenished the state budget with over 71,000 UAH and paid nearly 40,000 UAH in military levy," stated Viktor Boichuk, Commercial Director of S1 REIT.
Starting in September 2025, dividend payouts to S1 VDNG REIT investors have been made on a monthly basis. The size of the distributions depends on the fund's performance results for the previous period. The figures are formed based on actual rental income from the property owned by the fund and reflect the stable operation of the asset under market conditions. For instance, based on November results, annualized investor yields reached 9.1% in foreign currency equivalence.
"According to the Fund's Regulations, the planned yield is 8.2% per annum in foreign currency. However, actual payouts have consistently exceeded the planned figures," reported Viktor Boichuk.
As a reminder, the underlying asset of the S1 VDNG REIT consists of apartments in the S1 VDNG profitable residential building in Kyiv. The building has been in operation since 2019. According to estimates by developer Standard One, tenant occupancy of the property reaches 99%.
