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The sale of Ukrposhta’s iconic postwar headquarters at 22 Kreschatyk Street, Kyiv will take two years

The sale of Ukrposhta’s iconic postwar headquarters at 22 Kreschatyk Street, Kyiv will take two years

The sale of Ukrposhta’s iconic postwar headquarters at 22 Kreschatyk Street, Kyiv will take two years, Ihor Smilyanskyi, director of the state postal system, said in a video. With Kyiv’s commercial real estate market soft, he said, now is a good time to start the obstacle course of permissions, audits, assessments leading up to a ProZorro auction. A buyer should be prepared to invest almost $4 million to upgrade the Stalin-era landmark. While the 1,000 employees will move with the headquarters, the building will retain Branch 01001, Kyiv’s Main Post Office.

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