Kyiv's Gulliver shopping center shut down

Oschadbank has announced the temporary suspension of operations at the Gulliver Shopping and Business Center in Kyiv, effective from 22:00 on October 30.

The closure was prompted by ongoing obstruction from the previous owner, LLC TRI O, which has blocked the transfer of management and infrastructure, creating risks to the facility’s safe functioning.

This was stated in an official release from Oschadbank, CE Report quotes Ukrinform.

In July, a consortium of Oschadbank (80%) and Ukreximbank (20%) acquired ownership of the complex through a foreclosure process related to LLC TRI O’s default on a loan. The state-owned banks have since formed a management team, signed contracts with municipal service providers, and renegotiated most lease agreements, as previous contracts had expired. Rental payments are already being received, and the new owners are directing revenues to support Ukraine’s wartime economy.

However, since the change in ownership, representatives of the former owner have systematically obstructed the transition. According to Oschadbank, they have blocked access to engineering facilities and critical equipment, withheld technical documentation, and prevented bank specialists from reaching emergency systems. The complex has also reportedly been overloaded with high-energy systems, causing power outages and equipment degradation.

Oschadbank emphasized that these actions pose safety risks to visitors and tenants, disrupt operations, and cause financial losses to state institutions. The banks have appealed to law enforcement agencies and the military administration and intend to pursue criminal charges and seek compensation.

“The decision to temporarily close the center is the only responsible step under the current circumstances. It will help prevent any technological risks and ensure stable, safe operations in the near future,” Oschadbank stated.

The reopening date will be announced once the situation stabilizes.

As previously reported, the transfer of Gulliver Shopping and Business Center to state bank management remains incomplete due to the uncooperative stance of the former owner.

As earlier reported, the information regarding the transfer of the Gulliver Shopping and Business Center to the management of state-owned banks is inaccurate due to the uncooperative stance of the former owner.