LIGA reports that an auction to sell the Gulliver trade-and-office complex in central Kyiv did not result in a buyer. The sale was organised by Oschadbank and Ukreximbank, which had set an asking price of $207 million.
The complex comprises a 35-storey office tower and a 16-storey shopping centre. According to the article, the attempt to privatise the property failed on the first go and the planned transfer of ownership has been postponed. The report does not detail next steps or a timetable for a repeat sale.
Readers who follow Kyiv commercial real estate should note the banks remain the asset holders for now; check the source for updates on any future auction dates and conditions.