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Inside Eric Schmidt's investment in wartime Ukrainian real estate

Piramida mall in Kyiv. Photo by Kateryna Malofieieva for URN.

By Iryna Fedets, URN Correspondent

On a Saturday evening, Piramida shopping mall in Kyiv's Pozniaky district is modestly busy. Cars continue pulling into the crowded parking lot as shoppers make their way inside, greeted by chilled air and the tinny soundtrack of pop music.

But signs of war are never far away. Air-raid alerts regularly interrupt the shopping. Customers and staff make their way to the nearby Pozniaky metro station, which doubles as the local bomb shelter.

Staff know the routine by heart. When the all-clear is given, the doors reopen and shoppers drift back inside to finish buying groceries, clothes or coffee. For retailers here, interruptions have become part of doing business.

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