Business news from Ukraine

EXPERTS: FULL-FLEDGED FARMLAND MARKET IN UKRAINE WILL APPEAR AFTER OPENING IT FOR LEGAL ENTITIES IN 2024

2 July , 2021  

Land prices and the balance of its supply and demand will be established after 2024, when legal entities (including large agricultural holdings) will be able to buy land, then a full-fledged agricultural land market will appear in Ukraine.
This opinion was expressed to the Interfax-Ukraine agency by the co-founder of the Land Club association of land investors, Oleksandr Kolotilin.
He clarified that all large agricultural holdings with which his organization works intend to buy agricultural land leased by them.
“We work with large agricultural holdings. I can say that all the companies we talked to intend to buy agricultural land that they lease and cultivate. I cannot name them, since many of them are public companies, and they must declare themselves their position and intention to purchase land or plans in 2024. But all large agricultural holdings are making exactly such plans,” Kolotilin said.
According to the data on the Land Club website, the founder of the investment organization is the director general of IMC agricultural holding and the president of the Ukrainian Agribusiness Club, Alex Lissitsa. The project offers investors the purchase of land plots leased by agricultural holdings in order to receive guaranteed rent from them.
Earlier, MHP Financial Director Viktoria Kapeliushna announced that her company was not interested in buying land. She noted that the economic model of the agricultural holding includes work on the leased land, and in the event of a change in its owner, the group of companies will look for other land plots for lease.
A similar opinion was expressed by the owner of KSG Agro agricultural holding, Serhiy Kasyanov. The agricultural holding does not plan to buy land after the opening of the land market, since its activities involve working with leased plots.

,