38 thousand Ukrainians bought Sky Park shopping mall for UAH 1.5 billion

For the first time in history: 38 thousand Ukrainians jointly purchased Sky Park shopping centre in Vinnytsia for UAH 1.5 billion

Ukrainian Investment Fund Inzhur REIT announced the completion of the acquisition of a shopping and entertainment centre Sky Park in Vinnytsia. The joint investors are 37,905 Ukrainians, This was the first time in history that an object of this scale was transferred to the ownership of tens of thousands of citizens.

The transaction amount was UAH 1.513 billion, making it one of the most expensive in a full-scale war. The company estimates that taxes from the deal alone will provide over UAH 115 million revenues to the state budget.

Affordable investments for everyone

CEO of Inzhur Andriy Zhurzhiy stressed that this case demonstrates a new model of engaging a wide range of Ukrainians in the commercial property market:

«Just a few years ago, professional investors with big cheques became co-owners of Sky Park facilities. For most Ukrainians, participation in such projects was out of reach. Thanks to the Inzhur REIT fund, investments in large commercial properties are now available to everyone - the minimum investment starts from 10 UAH».

The REIT model allows Ukrainians to invest in income property with a low entry threshold, while maintaining the dividend and corporate transparency of the fund.

What is known about Sky Park shopping mall

SHOPPING CENTRE Sky Park - is one of the key shopping centres in Vinnytsia, located on the city's central square. Main features:

• Area: ~30,000 sq m

• Tenants: more than 150 brands

• International companies: Bershka, Pull&Bear, Stradivarius, Levi's, Colin's, KFC

• Infrastructure: SmartCinema with seven halls, fitness club, coworking

• Constantly high pedestrian and vehicle traffic

Due to its location and brand content, Sky Park is the most popular shopping centre in Vinnytsia.

Permission of controlling authorities

On 20 November, the Antimonopoly Committee of Ukraine officially approved the transaction between Inzhur REIT and the previous owners of Sky Park, which was the final stage of the legal formalisation of the purchase.