Business news from Ukraine

GOLDMAN SACHS AND DRAGON CAPITAL BUYING KYIV’S MALL

Dragon Capital Investments Limited (Nicosia, Cyprus) and the Goldman Sachs Group (New York, the United States) are buying the Alladin shopping and entertainment center and the Platinum class B six-story business center adjacent to the shopping center located at 3A, Hryshka Street in Darnytsky district in Kyiv. According to the agenda of a meeting of the Antimonopoly Committee of Ukraine scheduled for October 18, the regulator is to permit Dragon Capital Investments Limited and the Goldman Sachs Group to acquire an indirect joint control over Royalty-Rent LLC (Kyiv).
Retail & Development Advisor, acting as a broker in the deal, on Wednesday wrote on its Facebook page that the deal to acquire the Platinum business center with an area of 4,100 square meters by Dragon Capital was finalized.
Britain’s Meyer Bergman acquired the Alladin shopping center in 2008 for $60 million. The area of the facility is 10,500 square meters.
According to the unified public register, as of October 18, 2018, participants in Royalty-Rent LLC were Leadnra Holdings Limited (99.98%), Fortbridge Limited (1.01%) and Royalty-Rent-Co-Invest LLC (0.01%).

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