Business news from Ukraine

SE SETAM sells seized integral property complex in Odesa

1 February , 2024  

The Enforcement Division of the State Enforcement Service Department of the Ministry of Justice of Ukraine has put up for sale through the OpenMarket electronic auction (SE “SETAM” of the Ministry of Justice of Ukraine) an integral property complex located in Odesa at the 19th km of Starokyivska road, 34.
The building has an area of 25,659.90 square meters. The lot consists of:
– the main building with utility blocks, a loading dock and a railway track;
– administrative building, security building, weighbridge, electrical workshop building;
– oils and greases warehouse, material warehouse, water measuring unit;
– switchgear, boiler house, carpentry shop, repair and mechanical shop;
– a trade pavilion, a car wash, a gas station, a warehouse of oils and lubricants and other property.
The full list is available at the link to the lot: setam.net.ua/auction/540581
“The auction is scheduled for February 7, so potential bidders have time to pay the guarantee fee and participate in the auction. The lot is being auctioned for the second time, so its starting price has been reduced by 15% from the first auction. Now the starting price for the complex, including VAT, is UAH 112,325,800, which is approximately UAH 4,377 per 1 sq. m.,” said Oleksandr Mamro, CEO of SE SETAM.
The OpenMarket auction (SE SETAM of the Ministry of Justice of Ukraine) is a simple and effective means of selling and purchasing property via the Internet. The online auction has been operating throughout Ukraine since 2014. The total amount of sales since its launch is UAH 21.8 billion.

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