“It is a great pleasure to see that even in times of war and economic turbulence, Ukraine remains attractive for many businesses that not only survive but also manage to generate substantial profits for their European shareholders—and, what’s more important, do it in a fully transparent and compliant manner.” – Roman Kolos, Partner ArsLegem

Our team has been advising Multi Corporation throughout the lifecycle of its investment in Ukraine, aimed at the development of Forum Lviv, one of the most prominent and successful shopping centers in Western Ukraine. ArsLegem’s support included legal assistance on EBRD financing, construction, leasing, and a broad range of corporate, regulatory, and employment law matters.

Multi Corporation is a leading pan-European real estate developer, manager, and investor. Headquartered in the Netherlands, Multi operates in over 15 countries and has delivered more than 200 mixed-use projects across Europe and Turkey. The company currently manages over 80 retail assets, welcoming more than 400 million visitors annually. Known for its design-driven, sustainable, and commercially effective developments, Multi continues to shape the future of retail real estate in Europe.

This successful transaction reflects ArsLegem’s ongoing commitment to helping international investors navigate legal complexity and unlock value in Ukraine’s evolving regulatory landscape.