Land auction participants have earned more than ₴1B.

Friday, August 2, 2024
Land auction participants have earned more than ₴1B.

The price of land increased by more than 50% in 2024 in land auctions conducted using the state’s electronic trading system, Prozorro. Gross sales from these auctions total more than ₴1B since the beginning of 2024.

Legal entities, which have been able to buy land since January 1, have purchased 75 agricultural plots for ₴17.8M. Communal and state land for non-agricultural purposes and private agricultural land were sold for ₴497.5M. Another ₴188.4M came through the sale of seized land and ₴358.2M was obtained by renting plots.

Since the beginning of the year, the Dnipropetrovsk region has sold the most plots – 669, the Lviv (463), Odesa (430), Cherkasy (417) and Kirovohrad (302) regions follow.

Currently, more than 900 trades are at the closing stage and can deliver more than ₴247M to Ukraine’s budget. There are almost 2,400 plots available for sale and rent in the Prozorro.Sales system with a total starting value of ₴912.9M.

 

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Investors are increasingly investing in Ukrainian military tech projects.

Investors are increasingly investing in Ukrainian military tech projects.

Next post
Despite declines in attendance and the electricity shortage, restaurant industry revenue increases by 16%.

Despite declines in attendance and the electricity shortage, restaurant industry revenue increases by 16%.

Previous Main Topics