Dragon Capital Invests in New Residential Complex Close to Lviv

The new complex will feature 1,200 apartments, a gym, a botanical garden, a mini-cinema, underground parking with a bomb shelter function, as well as children’s and sports playgrounds.

"This is our first investment in the residential real estate sector in Lviv. Our portfolio in Lviv already includes the Class A Viking business center, the largest shopping mall Victoria Gardens, and the M10 Lviv Industrial Park. We have been collaborating with Viking Development since 2020, and we are confident in their reputation as a reliable and high-quality developer.

At Viking Gardens, we aim to bring to life the successful concepts from our previous residential projects. Specifically, this will be the first residential complex in Lviv where all residents will have access to a private mini-cinema and a rooftop lounge area," says Volodymyr Tymochko, Managing Director of Private Equity at Dragon Capital.

"Viking Gardens stands out with its original design, unique infrastructure, sports and children’s zones, and the botanical garden, which will add a sense of comfort and eco-friendliness to the complex. We are currently constructing the first two phases, with the first phase expected to be completed by the end of 2026," says Oleh Lavryk, Partner at Viking Development.

About Dragon Capital
Dragon Capital is one of Ukraine's largest groups of companies, providing a full range of investment banking, brokerage, private equity, and asset management services to institutional, corporate, and private clients. The company has over 20 years of successful direct investment experience in leading manufacturers of goods and service providers in Ukraine, as well as in landmark residential and commercial real estate projects.

About Viking Development

Viking Development is a Lviv-based real estate development company known for its comprehensive projects, including Viking Park, Helga Residential Complex, and Viking Hills Residential Complex. Viking Development’s projects are certified according to the international BREEAM system, demonstrating the company's commitment to high environmental standards in construction.