Dragon Capital Secures US$ 12.5 Million Loan From EBRD

23.03.2021
Dragon Capital has secured $12.5 million loan from The European Bank for Reconstruction and Development (EBRD) for partial refinance of Grand Business Center and two warehouse complexes – Diana Lux Logistic and Terminal Kharkiv.

Grand Business Center is a modern A-class business center with 9.136 sqm leasable area located in the city centre of Kyiv. The business center has received Green building certificate with “Very Good” rating under BREEAM, the world's leading “green” building certification method.

Diana Lux Logistics is a class A logistic complex with 14,995 sqm leasable area located in Brovary, Kyiv region, and Terminal Kharkiv is an A-class warehouse with 11,712 sqm leasable area in Kharkiv region.

All three buildings were acquired in 2017-2019 and are fully owned by Dragon Capital.

“We are very pleased to start our cooperation with EBRD in the area of sustainable property investments. As an effort towards sustainability, we have received green certificates for four buildings from our portfolio and plan to double this number within a year. We are also introducing so called “green paragraphs” into our lease agreements, to join efforts with our tenants in minimizing the environmental footprint of our properties,” said Tomas Fiala, CEO of Dragon Capital. “The loan will also allow Dragon Capital to expand investments in the commercial property sector, particularly in the development of our two industrial parks – M10 in Lviv and E40 in Kyiv.”

 

About Dragon Capital

Dragon Capital is one of the largest groups of companies in Ukraine that works in the field of direct investments and financial services, providing a full range of investment banking and brokerage services for corporate and private clients. The company was founded in 2000 and has decades of successful track record of private equity investments in Ukraine.