Aequo has advised Dragon Capital Investments Limited, a member of the Dragon Capital group of companies, on the acquisition of the 21,500 sq.m. (Class A) warehouse complex Arctica in Kyiv suburb from Oschadbank, a flagship Ukrainian state bank.
The sale of Arctica became Oschadbank’s largest non-core asset disposal by value after the bank acquired it via a loan settlement procedure, having completed the full process of collateral recovery from a troubled debtor.
“We are happy to have assisted Dragon Capital with this landmark acquisition, which shows a positive trend of increasing attention to commercial (warehousing) real estate beyond Kyiv,’’ commented Yulia Kyrpa.
Dragon Capital is one of the largest groups of companies in Ukraine that works in the field of direct investments and financial services, providing a full range of investment banking and brokerage services for corporate and private clients. The company was founded in 2000 in Kyiv and has a successful 19-year track record of private equity investments in Ukraine.