Dragon Capital continues its investment in Ukrainian commercial real estate this year.

Dragon Capital Property Management invested about $10M in its real estate portfolio in 2023 and plans to do the same in 2024, the company’s top manager, Nataliya Kravets, said. In the fall of 2023, the company sold the Pory Roku Business Center to the end customer.

Dragon Capital PM manages 28 commercial real estate properties, including 12 business centers, six retail properties, and 10 logistics complexes, with a total area of 647,000 square meters.

“Now, we have no plans to sell objects from our portfolio. On the contrary, we are seeking attractive opportunities in privatization. We are constantly investing in our real estate: we complete the started construction, carry out reconstruction, make repairs and improvements for tenants,” Kravets said.

She noted that retail properties in 2023 performed very well.

“We have zero vacancies in five of the company’s shopping malls. In fact, more than 30 new stores were opened in our malls during the year,” the director added.