Aequo has advised Dragon Capital Investments Limited, a member of Dragon Capital group of companies, on the acquisition of the Pyramid Shopping Mall. The transaction was performed by purchasing from a group of American and British investors 100% of the shares in 1849-Apollo Overseas I Limited (Cyprus), the founder of Atlantic-Pacific Ventures LLC (Kyiv), the owner of the shopping mall. The parties agreed to keep the deal value confidential.
Pyramid is one of the most successfully operated shopping malls in Kyiv. Built in Kyiv’s Darnytsia district in 2004, Pyramid has 16,000 sq.m. of total space and a leasable area of 12,600 sq.m..
Aequo lawyers performed legal due diligence of the target, elaborated the transaction structure, and negotiated and drafted transaction documents, as well as assisting with the completion procedure.
“Our Real Estate team was glad to provide legal advice in the acquisition process, which demonstrates investor confidence in the future growth potential of the commercial real estate market in Kyiv,” commented Yulia Kyrpa, Partner, and Head of Real Estate, Aequo.