18:51 02.02.2024

Sun Gallery shopping and entertainment complex in Kryvy Rih reopens

2 min read
Sun Gallery shopping and entertainment complex in Kryvy Rih reopens

The leading developer of shopping complexes Arricano is resuming the work of the Sun Gallery shopping and entertainment complex (Kryvy Rih) from February 3, the company's press service told Interfax-Ukraine.

The shopping center was temporarily closed on January 8, when the building was damaged during a missile attack, to assess the consequences of the destruction and carry out restoration work.

Arricano said that after carrying out the necessary checks if the facility is safe, the operation of the Sun Gallery shopping and entertainment complex will be restored in the part that received minor damage. The Auchan Ukraine hypermarket,  shops in the checkout area and part of the first floor gallery will be the first to reopen.

The opening of other areas of the shopping complex will take place in several stages; the timing of the resumption of work will be announced on the website of the Sun Gallery shopping center and its Facebook page.

Arricano Real Estate Plc specializes in the construction of shopping and entertainment centers and is one of the leading developers in the Ukrainian real estate market. It owns and manages five shopping centers in the country with a total area of 147,600 square meters: RayON and Prospekt in Kyiv, Sun Gallery in Kryvy Rih, and City Mall in Zaporizhia. The company also owns 49.9% in the Sky Mall shopping center (Kyiv) and land plots for the further construction of three facilities that are at the design stage. The company is also building the Kyiv-based Lukianivka shopping and entertainment complex.

According to the report, for the first half of 2022, the largest shareholder was Estonian Rauno Teder with 70.86%, who increased his stake from 15.92% after his father, Hillar Teder, transferred his share in the company. Dragon Capital Investments Limited and Jüri Põld were also named among the shareholders.

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