The Inzhur real estate investment fund seeks to attract up to 10,000 investors to privatize the Ukraina hotel in the center of Kyiv.

The National Securities and Stock Market Commission has registered the investment certificates of the Inzhur Hotel Ukraina joint investment fund. The founder of Inzhur, Andrii Zhurzhiy, clarified that it is planned to attract 5,000-10,000 investors to the fund.

According to Zhurzhiy’s plans, after an auction is won, management decisions will be made first, and then the reconceptualization and reconstruction of the building is possible. The head of the investment fund also believes that its inclusion in the international network is a prospect, but it is difficult in war conditions.

The businessman mentioned another privatization asset the investment fund is working on. In particular, he reported that about 3,000 people have already joined the Inzhur Ocean mutual investment fund, which is intended to purchase the state stake in the Ocean Plaza Shopping Center (Kyiv).

Five real estate funds belonging to Inzhur REIT manage assets worth ₴1.650B and have 4,902 co-owners, who have already received ₴128M in dividends.