The FGVFO once again failed to sell Mall Respublika

The Deposit Guarantee Fund of individuals ' deposits again is able to sell rights of claim on loans the Bank Nadra, the provision of which is an unfinished Mall Respublika.

The auction was to be held on 27 February, but buyers are not found. The starting price of sales amounted to UAH 1.1 bn. Since the first auction, 7 July 2017, the value of the rights on Respublika has decreased by almost 2.3 times from 2.49 billion to 1.1 billion.

Construction of the shopping Mall, the investment in which is estimated at 350 million. started in 2012, and object delivery in operation is planned in 2014. Investors at the time were made by the Dmitry Firtash and Vagif Aliyev.

The total area of an unfinished shopping Mall was to be 298 thousand square meters, which would allow it to become at that time the third largest in Europe.

News DGF.