Business news from Ukraine

Sale and lease of land through Prozorro brought UAH 1.43 bln

27 July , 2023  

Budgets on the results of more than 5 thousand successful auctions for the sale and lease of land in the system Prozorro.Sales received 1.43 billion UAH, the press service of the JSC “Prozorro.Sales” reported on Facebook on Wednesday.

“Land auctions held in the system Prozorro.Sales, replenished the budgets of different levels for 1.43 billion UAH”, – stated in the release.

It is indicated that 7,971 participants were able to compete in these auctions.

Currently, 778 more auctions are at the stage of concluding transactions. On average, three participants compete for one land lot.

According to “Prozorro.Sales”, the average price growth for completed land auctions is 78.8%.

The leaders in the number of announced land auctions are Kyiv, Odesa, Cherkasy, Lviv and Zakarpattya regions.

As of July 26, 2023 in the system Prozorro.Sales announced more than 1.4 thousand land auctions, which are at the stage of accepting applications for participation.

As reported, from January 1, 2024 in Ukraine will start the second stage of opening the land market, when land will be able to buy legal entities registered in Ukraine. No more than 10,000 hectares of agricultural land will be available for purchase.

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