BGV Group Management and SAGA Development sign strategic partnership agreement
4 November 21:30
In early October 2024, BGV Group Management and SAGA Development signed a strategic partnership agreement. This is reported by Komersant ukrainskyi with reference to the latter’ s press release.
The companies’ cooperation began with the Boston Creative House project located on Stepan Bandera Avenue in Kyiv. The companies are currently considering partnerships for other development projects.
“SAGA Development’s mission is to develop cities based on an ecosystem of partnerships. Our key principle is to combine competencies and efforts for the best and fastest development of Ukrainian cities. BGV Group Management and I share many common values, which formed the basis of our partnership. And I am confident that it will be mutually beneficial and will develop successfully in the future,” said Andriy Vavrysh, CEO of SAGA Development
“As a systemic investor in the Ukrainian economy, we consider it necessary to synchronize the priorities of our group with the country’s strategy, in particular, to invest in the restoration and urban development. Despite the full-scale war, the construction sector already requires significant investments, a strategic approach and joint efforts. And the joint project with SAGA Development is a new stage in the scaling of our development business. We are ready to invest in modern, cutting-edge Ukrainian real estate projects to build Ukraine today,” said Gennadiy Butkevych, founder of BGV Investment Group
BGV Group Management is an investment group of Gennadiy Butkevych founded in 2015 to create innovative and highly efficient businesses focused on the production of high value-added products. The company has 5 business areas within which it develops projects in mining, energy efficiency, retail, development, and education. Since 2022, BGV’s team has been focusing on the development area, given the priority of restoring and building new residential, commercial and other infrastructure facilities in Ukraine. And in June 2024, a new company, BGV Development, appeared within the Group, which is engaged in development projects.
SAGA Development is a Ukrainian investment and development company founded in 2016 and focused on the development and implementation of multifunctional complexes and districts that change Ukrainian cities and fill them with new meanings, new architectural symbols, and a new quality of life. The company’s total portfolio includes over 2 million square meters of real estate.
