Former owners of bank Aval have invested over $140 million in the River Mall located in Dniprovska Naberezhna in Kyiv, which will be opened for visitors next week, the co-owner of the mall, Serhiy Vovchenko, has said.
“Tenants have been working on their premises since February of this year. Next week River Mall doors will open for visitors, and the official opening is scheduled for the first decade of September, while the exact date has not yet been set. Among those 50% of tenants who will open their stores already next week is Silpo,” he told Interfax-Ukraine.
According to Vovchenko, more than $140 million have already been invested in the project.
“We did not attract foreign investment. The River Mall has seven founders from among the former owners of Aval Bank. The largest shareholder is Fedir Shpyh with a share of slightly less than 50%. Leased areas as of now are distributed by 90%. Inditex Group and H & M clothing retailers have come to us,” the co-owner said.
He said that there are plans to launch the aqua park in the summer of 2020.
The founder of Mandarin Plaza company, investor and developer in Lavina, Blockbuster, Ocean Mall and other shopping centers, Vagif Aliyev, has said that he plans to acquire Ocean Plaza mall by autumn 2019.
“We are still negotiating. I think we will buy first phase of Ocean Plaza by the autumn… and connect with Ocean Mall shopping center. Therefore, please, those [shops] which are located in Ocean Plaza, please consider Blockbuster and Lavina, because I think I will buy it by the autumn. I will not leave any brand there [in Ocean Plaza shopping center], no matter what it is. I think all contracts will be terminated because we are moving systematically, and with this system we will go across Ukraine,” the businessman said during a closed-up tour for retailers at the Blockbuster Mall shopping center.
According to him, the opening of the first phase of the Blockbuster shopping center is scheduled for May 31, the launch of the second phase is planned for the autumn.
As reported, in February 2019, Board Chairman of Mandarin Plaza, developing the chain of shopping and entertainment centers Lavina, Blockbuster, Ocean Mall and others, Oleksandr Chernitsky told Interfax-Ukraine that the company is holding talks with TPS Real Estate on the acquisition of the Ocean Plaza mall.
State-run Oschadbank and Ukreximbank have put rights of claim under a loan agreement with Kyiv-based Gulliver shopping mall’s mortgage up for sale through SETAM’s OpenMarket system for UAH 18.177 billion.
The lot includes a 1.14 ha plot of land on Kyiv’s Sportyvna Square, a trading and office complex with a parking lot with a total area of 151,800 square meters, a 0.11 ha plot of land for construction of a new trading and office complex, and 100% of corporate rights in the borrower’s charter capital, says an announcement posted on the trading platform.
The auction is scheduled for October 16. Bids are accepted until October 15.