Gulliver shopping mall is being prepared for sale: state banks are putting the asset up for auction Prozorro

post-img

2 min to read

The capital’s commercial real estate market is preparing for a high-profile event – the Gulliver shopping and entertainment center is planned to be put up for public auction through Prozorro.

This is one of the largest potential deals in Kyiv in recent years, which could significantly affect the balance of power in the large commercial real estate segment.

Who controls the asset

Currently, the complex is owned by state-owned banks. About 80% of the property rights belong to Oschadbank, another 20% – to Ukreximbank.

The preparation for the sale was announced by the chairman of the board of Oschadbank Yuriy Katsion, confirming the intention to sell the facility through a transparent competitive procedure.

How the shopping center was transferred to the state

Gulliver ended up under the control of banks after the previous owner – the Three O company – failed to fulfill its credit obligations.

The transfer process was accompanied by conflicts: according to the parties, for some time there were obstacles in the management of the facility, which affected its stable operation.

Litigation does not stop the sale

Despite the existence of lawsuits, banks emphasize that they are not blocking the preparation for the auction. This means that investors will be able to participate in the bidding without critical legal restrictions.

In fact, the asset has already been brought to a state that allows its sale through the open market.

Unstable period and risk factors

The last few years have been difficult for the complex. In the fall of 2025, the shopping center temporarily stopped working due to damage to the infrastructure, and full operation was resumed only in early 2026.

These circumstances may affect both investor interest and the final value of the object during the bidding.

What does the sale mean for Kyiv

The sale of Gulliver may be a turning point for the Kyiv real estate market.

This is not only about a change of owner, but also about a potential reformatting of the complex itself:

reviewing lease terms for businesses,
updating the tenant pool,
changing the concept of retail space.

For visitors, this may mean new brands, services, and modern formats for using the space.

Without an author