Ukrposhta plans to auction 800 real estate properties totaling 130,000 square meters across the nation

Wednesday, December 25, 2019
Ukrposhta plans to auction 800 real estate properties totaling 130,000 square meters across the nation

Ukrposhta plans to auction 800 real estate properties totaling 130,000 square meters across the nation, Ihor Smilianskyi, general director of the state postal service, writes on Facebook. Properties range from 17 recreational centers to buildings where there is only a foundation. With a tender already out for independent appraisals, Ukrposhta plans to sell the properties through ProZorro.Sales. Trying to rationalize its Soviet-era real estate inheritance, Ukrposhta now earns $3 million a year by renting unused space.

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