Dragon Capital Acquires Lviv Industrial Park

Dragon Capital has acquired Lviv Industrial Park “Ryasne-2”, located on a 23.5 hectare land plot in Lviv, from CTP, one of the largest industrial developers in Europe.

According to the development concept, the total area of industrial park premises will be 140 thousand square meters, which will include the development of six warehouses and production facilities. The project is located on the M10 highway, towards the border with Poland, 60 km from the Krakovets checkpoint.

“This is already the second industrial park in Dragon Capital’s real estate portfolio. The first project, E40 Industrial Park, is located on a 49 hectare land plot on the Kyiv-Zhytomyr highway, 20 km from Kyiv,” says Tomas Fiala, CEO of Dragon Capital. “We believe in the viability of the industrial and logistics real estate sector, and this acquisition is in line with our strategic vision. Over the past four years, we have acquired 11 logistics complexes with a total area of 330 thousand square meters and we are ready to start construction of new Class A facilities in our industrial parks in the coming years.”

Dragon Capital is one of the largest groups of companies in Ukraine, which works in the field of investment and financial services and provides a full range of investment banking, brokerage, and asset management services to institutional, corporate and private clients. The company has more than 20 years of successful experience in private equity in Ukraine, having invested in leading manufacturing and service companies as well as iconic residential and commercial real estate projects.

The commercial real estate portfolio is managed by Dragon Capital Property Management, which consists of a team of top professionals in the commercial real estate market of Ukraine. Today, Dragon Capital PM manages 30 commercial real estate properties, including 13 office buildings, 6 commercial real estate properties, and 11 logistics complexes, which makes the company one of the largest players in the Ukrainian real estate market.