April 17, 2026
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Ukrainian State Banks to Auction Off Gulliver Shopping Center

State-owned banks Oschadbank and Ukreximbank are set to put the Gulliver shopping and entertainment center in Kyiv up for auction in the coming months. This announcement was made by Oschadbank’s Chairman, Yuriy Katsiion, during the Forbes Banker conference.

Katsiion confirmed that the auction will be conducted on the Prozorro platform, with plans to announce the sale shortly. Oschadbank holds 80% of the property rights for the shopping center, while Ukreximbank owns the remaining 20%.

The decision to sell the asset was made collaboratively between the two banks, as Katsiion noted, “This decision is made jointly and is agreed upon.”

Regarding potential legal challenges from the previous owner, Viktor Polishchuk, who is also known for his ownership of the Eldorado retail chain, Katsiion stated that ongoing lawsuits do not hinder the sale process.

In July 2025, Gulliver was transferred to the ownership of Oschadbank and Ukreximbank due to debts, following successful court rulings against Polishchuk’s companies. After the ownership change, issues arose with access to the building’s engineering systems, leading to the center’s temporary closure in late October. Gulliver partially reopened on December 12 and resumed full operations in early February.

Oschadbank and Ukreximbank are preparing to auction the Gulliver shopping center in Kyiv, with plans to announce the sale soon. The banks, which acquired the property due to debts, face no legal obstacles from the previous owner that would impede the sale.

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