Project update

Metropolis 4D development loan - 1. stage

September 17, 2020

Update from the developer:

Construction of the METROPOLIS district proceeds in accordance with the schedule and general plan. A special seismic resistance of the buildings was provided by the recent JET cementation technologies. This ensures high-level security and efficiency of the building. As of today, workers finished development works of the pit to the project mark and installed the ground-cement piles using JET installations: 124 piles, 1.5 m diameter, 6 m depth.

Besides that, now works are executed in two blocks of the first sector and each one is at a different stage of construction.

For example, at 1C block, the first 2 floors were built. As of today, the concreting of columns and diaphragm are fully completed and works related to the waterproofing the Foundation are executed. Also, the masonry of the boiler house on the first and second floors are finished.
As per block 1B, the foundation of it was built.

It is important to note, that the construction works are constantly going through the architectural control and quality checks which will ensure a high level of confidence for the future apartment buyers and commercial real estate tenants in the complex.

New photos of the progress have been added.


September 17, 2020

Update from the developer:

The developer has received approval from the Moldova Central Bank, the loan agreements are signed and the interest income started for the investors from the beginning of July. Currently, the users "Principal Loan Term" contracts are still in draft mode, as setting up the collateral and getting a confirmation from the local registry has been taking longer than expected.


September 17, 2020
This is not skin in the game project.