Aequo has advised Dragon Capital Group of companies, one of the leading private equity investors in Ukraine, on the acquisition of two business centres in Kyiv city centre – Prime and Eurasia – from BTA BANK, Ukraine.
The deal marked a further expansion of investments for Dragon Capital Group into Kyiv’s commercial real estate market, following the remarkable acquisition of the Pyramid Shopping Mall, which was also supported by the Aequo team. The total areas of the Class A Eurasia and Prime business centres are 33,423 and 9,140 sq.m. respectively. Their key tenants include Microsoft, PWC, Deloitte, EPAM and Sanofi.
The recently completed acquisition proves the gradual revival of the Ukrainian commercial real estate market and should provide reassurance for potential investors in Kyiv’s real estate investment prospects.
“We are happy to have assisted Dragon Capital Group with this landmark acquisition, which was successfully completed following more than a year of negotiations. We are grateful to Dragon Capital Group, our long-standing client, for this unique opportunity and the additional expertise gained while advising on the transaction,’’ comments Yulia Kyrpa.