12 March 2018

The other day was concluded a deal between Dragon Capital Investments Limited, a member of the Dragon Capital group of companies, and two Turkish private investors. The subject of the transaction is the shopping and entertainment center "Victoria Gardens", located in the city of Lviv, which now belongs to Dragon Capital.

The opening of "Victoria Gardens" took place in 2016 and at the moment this mall is the largest of the three working shopping centers in the city. It is located in the south of Lviv and on the one hand is surrounded by a densely populated residential area, which is rapidly developing, and on the other the “Lviv” airport. The total rental area of the mall is 48229 square meters and it consists of two main floors with retail outlets and two parking lots, a capacity of which is 1500 cars. The main tenants are Silpo, Foxtrot, Argo, New Yorker, LPP Group, Multiplex cinema, Papashon entertainment center and King Fitness gym.

Here as Tomash Fiala commented this deal: "We are pleased to announce the addition of a first-class shopping and entertainment center to our commercial real estate portfolio. "Victoria Gardens" shopping mall is our first acquisition outside the Kiev region and it's no coincidence that it is located in Lviv, one of the most dynamic cities of Ukraine. We believe in the potential for the development of the city and this recently opened shopping center. We currently focus on the completion of construction works and the appeal of "Victoria Gardens" to customers with the active marketing and the strengthening of the existing list of tenants."

Meanwhile, the representative of the sellers of the shopping center "Victoria Gardens" - Sergey Ovchinnikov says: "Our efforts to create a high-quality and convenient project for the customer have reached the logical end of development. We are pleased that the professional investor Dragon Capital appreciated our work."

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