DVI Group, owner of the Irkutsk KomsoMall mall, owes creditors millions of dollars and may be declared bankrupt. Alfa Bank, to which it owes 260 million dollars, is seen as the main claimant to its assets, including malls in several cities. KomsoMall says the current mall will not be sold, and its 2016 development plans remain ambitious. Tenants are also promised that lease terms will not change under any circumstances.
The DVI Group company owes creditors millions of dollars and may be declared bankrupt. It also owns the KomsoMoll shopping and entertainment center in Irkutsk.Most likely, most of the assets will go to the company’s main creditor, Alfa-Bank. DVI Group’s total debt to the bank is $260 million.
The loans were secured by all KomsoMoll shopping centers and the Stolitsa shopping centers in Perm and Izhevsk.
In addition to KomsoMoll, DVI Group also owns shopping centers in Yekaterinburg, Volgograd, Krasnoyarsk, Perm, and Izhevsk.
However, the administration of the Irkutsk shopping and entertainment center has big plans for next year.
"Everything will be fine. No one will ever sell an operating shopping center that generates money, especially in spite of the crisis. We developed before, and we will continue to develop. The development plans for 2016 are very ambitious, everything will be great," Anna, commercial director of the KomsoMoll shopping and entertainment center, assured.
She also emphasized that each tenant’s contract states that the lease terms will not change under any circumstances.