Stolytsa Group has received the first tranche of credit financing from the European Bank for Reconstruction and Development (EBRD) under a previously concluded $35 million loan agreement, the developer's press service reports.
"Stolytsia Group views this stage of cooperation with the EBRD as an important signal for the entire Ukrainian real estate market. It demonstrates that even in wartime conditions, Ukrainian private development can attract international institutional financing provided there is transparent management, proper financial discipline, and compliance with international standards," the release says.
The raised funds are intended to be directed toward completing the next phase of the "Varshavsky" residential complex in Kyiv, as well as financing subsequent stages of the project and improving the energy efficiency of Stolytsa Group's residential complexes.
The project receives first-loss risk coverage from the European Union under the guarantee agreement of the Ukraine Investment Framework (the "Municipal, Infrastructure and Industrial Resilience Guarantee Plus" program).
The received financing will allow Stolytsia Group to strengthen the financial foundation of construction processes, ensure the consistent implementation of the planned construction stages, fulfill obligations to investors, and increase the company's capacity to bring completed housing to the market.
As reported, in March 2026 the EBRD approved the allocation of a loan of up to $35 million to Stolitsa Group LLC.
According to information on the developer's website, Stolitsa Group has been operating in the Ukrainian market for 22 years and has commissioned 140 buildings. The total area of completed housing reaches 1.5 million sq. m. The developer's portfolio also includes the Retroville shopping and entertainment center with a total area of 120,000 sq. m.