Rivne Towers SOLD AS COMPLETE DEVELOMENT
The key development at crossroads of East and West

This market leading development is in a prime city centre location in Rivne, a strategic city of about 250,000 just over the Polish border in Ukraine. It is where Western Europe meets the East and is ideal for commercial and distribution centre placement.

The building is a hotel and office centre. Hanroc are offering for sale 55 freehold offices. A very rare offer as offices in Ukraine are usually refurbished older buildings and, if in new build, tend to be available for lease only. These offices will be the most attractive to rent in the city.

Rivne Towers will be the highest building in the City

The location of Rivne Towers can not be bettered. It is right in city centre, in an area zoned by the local authorities as their “Canary Warf” London equivalent. It is one of 4 prime buildings authorised. The complex is situated on the crossing of the strategic international roads of Varshava-Kiev and Madrid-Moscow.

The layout of Rivne is into two distinctive parts. Residential and commercial. Travel between the two is not easy as there is a traffic restricted central area. Rivne Towers is on the edge of the residential area, making it convenient for tenants to commute. It is  building 1 in the commercial and cultural new zone planned by the City Council, as below:

Rivne Towers will be THE place for business for the whole region.

The building comprises a 14 floor  business centre and 16 floor hotel. The modern offices, which are for sale, will have the latest public call system, air-conditioning and high speed internet. The restaurant on top of the hotel part and gym club in basement will add extra attraction to the whole building.

Great views of the city can be had from the top of the building and from many of the offices.

Demand for office space is b in Rivne, Ukraine. For two main reasons: Firstly, its provision hasn’t kept pace with the proliferation of new small businesses that mark the development of Ukraine’s economy. And secondly, it is very difficult to gain all permissions to build such buildings.

The offices range from 22.72 m2 to larger sizes, such as those above on the ground floor. These units are suited to more retail use, due to ease of public access

.

The higher floors match lay-out of plan above.

Please note: This is only a pre-release offer. Floor plans may be subject to revisions before official release and are intended to only give an accurate as possible representation of the building’s lay-out.

Investment return

Return on investment from Rental income is expected to be about 12% pa per m2 on selling price of $2500 per m2.
Price for a standard office would be $56,800 ex purchase costs.

Release is scheduled for June 1st, or before and building will commence immediately. Build time will be 2 ½ years.

SIPPS compliant

As a fully commercial investment it should qualify for SIPPS (self invested pension) for UK investors. For further information on this, please contact Dan Pennington, the UK and International sales manager, who can recommend a specialist Investment advisor qualified to offer advice on any existing pensions you might have and might wish to transfer.

Register for ticket

Register to receive release details before the general public. This flagship development  in one of Europe’s major countries will only be available on this website and through a few selected agents of ours.

Don’t be fixated on the current financial currently affecting the property market, as fundamentals will soon re-assert themselves. Ukraine is a growing and resilient economy, growing ever closer to the EU, yet benefiting from its close ties with Russia. It is a hard working, low cost country, in which many people have ambitions to improve themselves. To benefit the most from this long term trend, we target our developments at the key growth areas; namely, prime sea view or central ski resort holiday homes and City centre prestige commercial.

Aim high with Rivne Towers

For English, French, German Speakers Please use the contact form below. We always try to answer quickly, usually within 24 hours. *Name: Telephone number: *Email address: *Re-enter email address: How did you hear about us? Comments:

* - Required fields

UK and international sales manager: Dan Pennington 00 44 (0)700 3418552 (The Foreign Property Shop.Com)
Ukraine sales manager: Alex Abramovych 00 380 503844444 (Uaproperty.com)
Bulgarian sales manager: Martin Dichev: 00 359 888 317 185 (Hanroc Ltd)