The Antimonopoly Committee of Ukraine has granted permission to state-owned banks Oschadbank and Ukreximbank to establish control over the Gulliver shopping and office complex in central Kyiv. This decision was a key step in completing the months-long procedure for transferring the asset to a new owner.
As reported by Oschadbank, the AMCU permit concerns a single property complex located at 1 Sportyvna Ploshcha. The bank submitted an application for concentration on October 20, 2025, and the Committee's approval was necessary in accordance with antimonopoly legislation, since it concerns large commercial real estate in the capital.
The banking consortium noted that the AMCU's approval confirmed the legality of the asset transfer procedure and allows financial institutions to complete preparatory legal actions.
How Gulliver found itself on the verge of changing ownership
The process of changing control over the complex lasted for over a year.
In the summer of 2024, the court transferred Gulliver to the management of ARMA based on the appeal of the Prosecutor General's Office. The reason was the debts of the owner company, LLC "Three O".
In August 2025, the company announced its intention to transfer the asset to a consortium of Oschadbank and Ukreximbank, but the documents had not yet been signed. Later, ARMA terminated the competition to select a manager, which created additional uncertainty in the transfer process.
The situation escalated in late October 2025, when the shopping and office center was closed indefinitely due to a lockout by the previous owner. This led to operational difficulties for tenants and created a legal pause in the complex's operations.
After the AMCU's permission, state-owned banks were able to finalize the control procedure and resume the operation of one of the largest shopping and office centers in Kyiv. It is expected that in the near future a management model for the complex will be determined and solutions will be developed for tenants who found themselves in a state of uncertainty due to legal and corporate conflicts surrounding Gulliver.
