CONSTRUCTION UKRAINE |
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CMO-Construction Machinery Overview is a source of information about construction equipment for the Ukrainian construction market. |
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Construction Ukraine - News |
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Construction Ukraine 01/13/2006 |
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Construction of "Kvadrat on Perova" Shopping Mall Starts on the Lot of Demolished Movie-theater Aurora. |
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Demolition of the old movie-theater Aurora started in 28th of December and was accomplished just one day before New Year. Construction of the new Kvadrat mall started before Orthodox Christmas. Aurora was put on sale by State Property Fund of Ukraine (Kiev Regional Devision). In 2002 Kvadrat-Ukraine bought 99.6% of movie-theater government shares. Construction lot is 2.5 hectares. It's located on Kiev's left bunk district Voskresenka. "Kvadrat on Perova" will be a three level mall with total area of 35 thousand sqm. Retail area - 20 thousand sqm. There will be supermarket, home appliances depot, 75 shops "gallery", 589 cars underground parking lot, and a movie-theater. Altis-Holding Construction won the bid for Kvadrat mall construction. Altis-Holding Corporation consist of 8 companies with wide spectrum of activities: general contracting, design, industrial and public buildings construction, geotechnical construction and construction of municipal infrastructures, roofing and facade systems, and glass pack production. Altis-Holding owns fleet of construction machinery and equipment (cranes, must climbers, excavators, heavy trucks). In 2005 Altis-Holding made an agreement with BAUER Spezialtiefbau GmbH to create joint venture that would serve Ukrainian market of geotechnical construction. Altis-Holding has a lot of experience in shopping malls construction. Companie's portfolio includes Magellan, Aladdin, Ultramarine, Tam-Tam malls "turnkey" projects. Kvadrat-Ukraine is Ukraine's leading developer and operator of shopping centers. The company manages a chain of 5 shopping centers with a total floor-plate of 35 thousand sqm. under the Kvadrat brand name. Within the next three years, the company intends to expand the network in Kiev by another 4 shopping centers with a total floor plate of 165 thousand sqm. Kvadrat shopping centers are targeted at the middle class, and provide a variety of goods and services intended to satisfy family needs. More than 50 thousand shoppers visit the Kvadrat chain each day. And, the Kvadrat brand name is recognized by 84% of Kiev residents, making Kvadrat's the most widely known and popular shopping center chain among residents and visitors in Kiev and the capital region. Kvadrat
is a subsidiary of XXI Century. XXI
Century is one of Ukraine's leading property development companies, with a
focus on Ukraine's capital, Kyiv. The company was founded in Kyiv in 1995,
and it develops and manages a diversified portfolio of real estate assets
comprising shopping centres, high-end residential complexes and commercial
properties. XXI Century is one of the first companies from the Ukraine to
achieve an international IPO and one of several to join our markets in
2005. The company raised $121m through an Initial Public Offering of
shares and GDRs, through a primary listing on the AIM market of the London
Stock Exchange. |
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01/13/2006 |
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