Dragon Capital Property Management has opened the Piramida Business Center (Kyiv, 4 Oleksandra Mishuga St.), with the Dobrobut medical network set to become the anchor tenant, according to the company’s press service.
The Piramida Business Center was built as part of the renovation of the Piramida shopping center in the capital. The six-story business center, with an area of 4,880 square meters, is adjacent to the shopping center, has a separate entrance with a lobby, and is connected to the shopping center via a passageway on the second floor.
“For us as investors, the commissioning of the Piramida Business Center marks the culmination of the phased renovation of the shopping center, which we began back in 2020. Unfortunately, the full-scale invasion somewhat delayed the completion of the office portion of the project. So today we are especially pleased to complete the project without postponing it until the end of hostilities,” said Volodymyr Tymochko, Managing Director of Direct Investments at Dragon Capital.
He announced the signing of a long-term lease agreement with the private medical network “Dobrobut,” which will occupy two floors with a total area of 1,560 sq. m and serve as the business center’s anchor tenant. Tenants have also already been found for the first floor of the new building, which will be a retail space. Currently, 2,300 sq. m of office space is available in the business center.
“Demand for high-quality office space in Kyiv continues to grow, and we are confident that the Piramida Business Center, which is currently the only Class A property at the Poznyaki metro station, will be widely popular among tenants,” said Tymochko.
As previously reported, the renovation of the Piramida shopping center took place in stages: in the spring of 2021, a new shopping gallery was built, increasing the total area of the shopping center from 16,800 square meters to 20,600 square meters. In the summer of 2022, the entrance to the Poznyaki metro station was renovated and the surrounding area was landscaped. In the spring of 2023, the renovation of the facade facing Mykola Bazhan Avenue was completed, a massive 350-square-meter LED screen was installed, and the parking lot was completely redesigned and expanded to accommodate 350 vehicles.
Dragon Capital is one of the largest groups of companies in Ukraine operating in the field of investments and financial services. It has over 20 years of experience in direct investments in leading Ukrainian companies, as well as in landmark residential and commercial real estate projects.
Dragon Capital Property Management is a management company that manages a portfolio of commercial real estate. It manages 25 commercial real estate properties, including 12 office properties, six retail properties, and seven logistics complexes. The total area of the real estate portfolio exceeds 570,000 square meters, making the company one of the largest players in the Ukrainian real estate market.
