Moscow’s largest shopping and entertainment center, Aviapark, has been put up for sale, the Vedomosti business daily reported Thursday.

Consultants who previously worked with the mall told Vedomosti that proposals have already been distributed to potential investors, including major investment funds and specialist firms.

The asset is valued between 100 and 120 billion rubles ($1.07-1.28 billion), with approximately half of that amount tied to debt obligations, according to one of the sources.

The decision to sell Aviapark follows the Russian government’s move away from a policy that would have allowed foreign companies to re-enter the Russian market by repurchasing their former businesses, many of which had operations in the mall.

In July, officials supported a bill that would annul option agreements for international corporations seeking to buy back assets after leaving Russia in the wake of the war.

The updated legislation would also give President Vladimir Putin the authority to set additional requirements for buyback opportunities, which could effectively prevent foreign investors from returning.

However, as of the spring, no Western brands had applied to resume operations in Russia.