2 September 2026

S1 REIT launches new S1 income real estate of Kyiv (DNK) portfolio REIT

#S1 DNK
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Investment company S1 REIT is expanding its lineup of their REITS by registering the new S1 DNK with an issue volume of UAH 100 million.
Its strategy focuses on investing in profitable residential real estate in Kyiv - both in operational properties and in assets under development.
This is the first new-generation portfolio REIT in the S1 REIT lineup, designed to meet current market challenges through maximum investment diversification. It combines regular yield from operational assets with the value growth potential of properties under construction.
The REIT's projected annual yield is 9% in USD, including both dividend and capitalization components.
The minimum initial investment in S1 DNK is UAH 122,000, while subsequent investments can be made starting from UAH 1,000.

How the REIT works.

The core of the S1 DNK strategy lies in combining existing, operational real estate with development projects.
The operating property, S1 VDNG, already generates rental yield, providing the fund with steady cash flow and forming the basis for regular payout distributions to investors.
The second part of the strategy consists of properties under development - in particular, S1 Obolon, which is approaching completion. As such projects are delivered, the fund builds strong potential for asset appreciation.
Consequently, investors gain exposure not to a single standalone object, but to a diversified portfolio where part of the real estate yields immediate income and part drives future capital growth.

Meeting investor demand

The launch of S1 DNK marks the next phase in the evolution of S1 REIT’s product line. The creation of the new REIT was driven primarily by investor demand for a model that pairs recurring income from completed real estate with the capital appreciation potential of active development projects.
Earlier, S1 REIT successfully launched the S1 VDNG REIT, whose certificates reached full placement in early June 2026. The new fund advances this model further by adding a development component to operational real estate.
"S1 DNK is a safe, high-yield haven for your capital in the Ukrainian collective investment market. This REIT is our answer to current market challenges, offering maximum diversification: by holding a stake in the fund, an investor becomes a co-owner of every single apartment across two different locations. The REIT bridges the present and the future: today, it consists of apartments in two income-generating properties; tomorrow, it will expand with new assets acquired at the best possible price, delivering significant capitalization," says Igor Gifes, CEO of the company.
For investors, this provides an opportunity to generate income immediately from operational assets while simultaneously benefiting from the potential appreciation of properties under development.
The start of presales for S1 DNK certificates is scheduled for mid of September 2026.