11.11.2021 11:30
1597
Дарія ОсіїкDragon Capital has broken ground on the first stage of the M10 Lviv Industrial Park, a 14,400 m2 dry warehouse located on a 2.7 hectare land plot.
The building’s frame is currently 70% finished. The company plans to complete the first stage of the park in the 3rd quarter of 2022.
M10 Lviv Industrial Park is in Lviv’s Ryasne-2 industrial zone on the M10 highway, 60 km from the Krakovets checkpoint on the border with Poland.
Its territory covers 23.5 hectares and consists of six warehouses and production facilities with a total area of 140,000 m2. Management company Dragon Capital Property Management will ensure security and proper functioning of the park’s common area and infrastructure. The facility will receive international green building certification by BREEAM.
“Dragon Capital Property Management currently manages over 380,000 m2 of industrial property, and we continue to expand our portfolio in this segment, including through development. The industrial real estate sector is showing strong growth and potential for further development of industrial parks. М10 Lviv Industrial Park is the second industrial park in our real estate portfolio. Our first project, E40 Industrial Park, is located on a 49 hectare land plot on the Kyiv-Zhytomyr highway, 20 km from Kyiv,” said Investment Director of Dragon Capital Mykhailo Sakun.
Industrial park is an ideal solution for locating production in Ukraine. First and foremost, it is an effective platform for local and international business development in Ukraine, and the opportunity to receive special tax benefits, which are currently being lobbied at the state level.
“Its strategic location close to the EU border, infrastructure and services from a professional and experienced developer are the key advantages of M10 Lviv Industrial Park. We offer both standard warehouse lease and build-to-suit partnership, i.e. design and construction of premises according to individual customer needs. By that, we significantly simplify the process of expansion, relocation or entry into Ukraine for manufacturers by taking care of all issues related to construction,” added Sakun.
More about М10 Lviv Industrial Park: https://m10.com.ua/
About Dragon Capital. Dragon Capital is a leading Ukrainian group of companies in the field of investment and financial services. The company has a more than 20-year track record of private equity investments in leading manufacturers of goods and service providers in Ukraine, as well as in landmark residential and commercial real estate projects.
Dragon Capital Property Management manages the company’s commercial real estate portfolio that includes 31 properties (business centers, shopping malls and logistics complexes) with a total area of 778,000 m2. This makes Dragon Capital a major player in Ukraine’s real estate market.
Dragon Capital is currently developing two industrial parks, M10 Lviv Industrial Park in Lviv, with an area of 140,000 m2, and E40 Industrial Park near Kyiv, with an area of 200,000 m2.
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