Dragon Capital to buy business center in southeast and largest SEC in Western Ukraine

Dragon Capital to buy business center in southeast and largest SEC in Western Ukraine

The investment bank obtained permits for purchasing controlling stakes in Ukrainian Commercial Property from Zaporizhia and Fenix capital from Lviv

Dragon Capital received permits from the Anti-mopoly Committee of Ukraine to purchasing controlling stakes in Ukrainian Commercial Property from Zaporizhia and Fenix capital from Lviv that manage a business center ECO Tower and shopping and recreation center (SEC) Victoria Gardens respectively.

Globcon Limited (Great Britain) is a major shareholder of the Lviv based company and two citizens of Turkey are final beneficiaries there. The charter capital of Fenix capital is UAH 33.8mln (USD 1.25mln).

In the other case, Ukrainian Commercial Property (Zaporizhia) was owned by ECO CEE & Real Estate Development GmbH associated with Austrian Conwert Immobilien UCFB. The charter capital of Ukrainian Commercial Property is UAH 25mln and the company is engaged in renting and operating of own or leased real estate business.

Victoria Gradens officially started operations on 29 October 2016. It is the largest three-storey shopping and entertainment center in Western Ukraine with a total space area of 54.5 square meters for rent.

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