According to Interfax-Ukraine, the State Property Fund (SPF) is exploring the possibility of selling 100% of the Ocean Plaza shopping and entertainment center in Kyiv instead of the current 66% state stake, with a potential starting price of $100 million for the entire lot, said SPF Chairman Dmytro Natalukha.
“Unfortunately, we are unable to put both the state’s stake and the private stake up for sale in a single lot. Therefore, discussions are currently underway to determine whether a mechanism can be found to put 100% of the shopping and entertainment center up for sale, rather than the current 66%. After all, there is demand for 100%,” Natalukha said in an interview with RBC-Ukraine.
He noted that the participation of the minority owner of the Ocean Plaza shopping center—Lanita Invest LLC—in the auction is possible provided there is sufficient cooperation and legal complications are resolved. According to the fund’s estimates, the starting price for 100% of the asset could be as high as $100 million.
According to Natalukha, the auction for the privatization of the Ocean Plaza shopping center could be held in December of this year, with proceeds from the sale expected as early as January 2027.
According to the plan for preparing assets prioritized for sale in 2026, published by the State Property Fund of Ukraine in June, the auction for the sale of the Ocean Plaza shopping and entertainment center could be held in November–December 2026. The owner of a minority stake in the shopping center, Lanita Invest LLC, had previously supported the idea of selling the asset as a single lot along with its own stake.
As previously reported, on June 19, 2026, law enforcement agencies, as part of criminal proceedings, conducted authorized searches at the residences of certain officials of the State Property Fund of Ukraine (SPFU) to investigate the possible undervaluation of the Ocean Plaza shopping and entertainment center (Kyiv) prior to its sale.
