A high water mark for bricks and mortar retail? The half-built Respublika mall – designed to be the largest shopping center in Ukraine – was sold at auction Wednesday to Soltex Capital for $28 million. Located at a southern intersection on Kyiv’s Ring Road, Respublika was to open in November 2014 with 135,000 square meters of leasable retail space. At part of the liquidation of Nadra Bank, the Deposit Guarantee Fund sold through ProZorro.Sale the property, which includes 16 hectares of land, buildings, and preliminary lease agreements.
A high water mark for bricks and mortar retail?
