For the fifth time, PrivatBank has put up for auction on the Openmarket electronic platform (SE SETAM of the Ministry of Justice of Ukraine) the shopping center “Pryozernyi” in Dnipro, reducing the starting price to UAH 289.3 million (including VAT).
According to the press service of PrivatBank, the lot includes a six-storey shopping center with an area of 32.4 thousand square meters. The facility’s infrastructure also includes an underground parking lot with an equipped shelter.
According to the announcement, the lot also includes 12 land plots. The winning bidder is also obliged to purchase fixed assets worth UAH 2.2 million.
Built in 2009, the Priozerny shopping center is located in the city center near the Central Market and the railway station. The facility includes shopping galleries, office and warehouse space, entertainment and sports areas. The shopping center’s infrastructure includes an underground parking lot for 100 cars and a surface parking lot for 40 cars.
The auction is scheduled for December 20. The guarantee deposit is UAH 14.4 million.
The starting price of the property at the first auction was UAH 430 million.
As reported, in April 2024, the Supreme Court finally confirmed PrivatBank’s ownership of the Priozerny shopping center, upholding the decisions of the courts of first and appellate instances on the legality of the acquisition of ownership of the facility and dismissing the cassation appeal of Mission-1, which the bank associates with its former owners.
Earlier in 2016, PrivatBank acquired ownership of the shopping center as a loan repayment, at which time its value was over UAH 778 million.
Then, in 2021, the former owner of Priozerny, Mission-1 LLC, filed a lawsuit to challenge the state bank’s ownership of the shopping center and return it to its ownership.
The Commercial Court of Dnipropetrovs’k region dismissed the company’s claim, and later, PrivatBank defended the legitimacy of its ownership of the Priozerny shopping center in the Central Economic Court of Appeal (Dnipro).
