King Cross Leopolis retail centre being considered for Kiev
2010-01-05
The Italian property developer King Cross and the Ukrainian investment company Comfort-Invest, which are responsible for the construction of the King Cross Leopolis retail centre in Lvov, are considering the implementation of a similar project in Kiev if the centre in Lvov proves to be profitable.
The first stage of the King Cross Leopolis complex in Lvov, which houses a Praktiker DIY store, opened in December 2008. The second section is due to be completed in March 2010. It will house retailers such as Auchan, FoxMart, Zara, Stradivarius, Bershka and Pull & Bear, in addition to an IMAX multiplex cinema. The third stage of the retail complex is due to be completed in 2013 or 2014. The total amount invested in the first and second stages is €130m, with a return on investment expected between 15 and 20 years from now.
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