rasprodaga.com.ua
The talks on the sale have advanced but the deal has not been closed yet.
TPS Real Estate, controlled by Russian businessman Igor Rotenberg has been holding talks with Dragon Capital on the sale of the Kyiv-based Ocean Plaza shopping mall.
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"The potential buyer is looking for a lender. It takes time, as local banks have problems with liquidity," Russia's Kommersant wrote, referring to its source.
The source adds that the talks on the sale have advanced but the deal has not been closed yet.
The shopping mall is estimated at US$270 million – US$315 million, which is approximately the same figure posted six years ago, when TPS Real Estate entered the Ukrainian market.
Earlier, Dragon Capital Investments Limited, a member of the Dragon Capital group of companies, completed the acquisition of the Victoria Gardens shopping center in the city of Lviv, western Ukraine.