The Deposit Guarantee Fund (FGVFL) has put up for auction in the Prozorro.Selling system a number of assets of insolvent MR Bank, including the Magellan shopping and entertainment center (SEC) in Kiev at a starting price of UAH 498.3 million, according to a press release from the FGVFL.
The lot price is six times lower than the previous attempt to sell these assets in the autumn of 2022, when the starting price of the lot was 3.1 billion UAH.
The lot includes the receivables under credit agreements, receivables and real estate, including retail and entertainment center “Magellan” (Kiev, 13-B, Glushkov Ave, total area 28.5 thousand square meters) and a property complex of 13 thousand square meters in the village of Krupets in Khmelnitsky region.
As reported, the National Bank of Ukraine on February 25, 2022 revoked banking licenses and liquidated banks under the Russian Federation: JSC “International Reserve Bank” (formerly – Sberbank) and “Joint-Stock Commercial Industrial Investment Bank” (PJSC “Prominvestbank”), which is 99.77% owned by Sberbank and the State Development Corporation “VEB.
The Magellan shopping mall was previously among the assets of businessman Anatoly Yurkevich’s Krai group. In mid-September 2017, the AMCU granted permission to Sberbank PJSC (Kiev) to purchase the assets of Kray Property in the form of an integral property complex of the mall.
The auction will be held according to the English auction model on June 8.
The proceeds from the sale of assets will be directed by the Fund for settlements with creditors of “MR BANK” JSC.
