To promote ‘green’ energy efficient commercial real estate, the EBRD is lending Dragon Capital $12.5 million for construction on Grand Business Center and two warehouses,

one in Brovary and one in Kharkiv. Last July, Grand Business Center became Kyiv’s first office building to receive a sustainability certificate under the Building Research Establishment Environmental Assessment Method, or BREEAM, an internationally recognized environmental rating system. A 15-story Class A office center, with 9,000 square meters of leasable space, Grand Business stands at Vasylkivska 98, across from the St. Nicholas Roman Catholic Cathedral. By the end of this year, Dragon intends to have eight buildings in Ukraine certified by BREEAM, Dragon reports. The two warehouses — Diana Lux Logistic in Kyiv and Terminal Kharkiv – have a combined rental area of 26,000 square meters.