Chipping away at state ownership of property 30 years after the collapse of communism, the State Property Fund auctioned 142 ‘small’ lots last summer, netting $46 million. The headline grabbing sale was of Kyiv’s Dnipro Hotel, which netted $40 million. By the end of this year, Dmytro Sennychenko, head of the Fund, hopes the sales total will hit $100 million.
Chipping away at state ownership of property 30 years after the collapse of communism, the State Property Fund auctioned 142 ‘small’ lots last summer, netting $46 million.
