Who will bid for Ocean Plaza?
The shopping centre’s minority owner and his former partner Khmelnytsky say they will not be bidding
Ukraine’s government on 9 June decided to transfer to the state property fund its share in the Ocean Plaza shopping mall, which is 66.65 percent.
Ocean Plaza was built in 2012 by Ihor Nikonov's KAN Development and Andrii Ivanov and Vasyl Khmelnytskyi's Ukrainian Development Partners (UDP).
Later, TPS Nedvizhimost [Real Estate], a Russian company co-founded by Mr Putin’s close friend Arkady Rotenberg, expressed a desire to buy the shopping centre’s major share. This largest share was indeed bought from Mr Nikonov's KAN Development.
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