Business news from Ukraine

Business news from Ukraine

Lyustdorf complex in Odessa has been put up for sale again

The Enforcement Division of the State Enforcement Service has once again listed the Lustdorf sports and recreation complex (Odessa) on the OpenMarket electronic platform (SE “SETAM” of the Ministry of Justice) at a starting price of UAH 191.9 million.

According to the SETAM press service, the total area of the complex is 7,700 square meters. The lot includes an administrative building, a hotel, a sports and recreation complex, a football field, stands, boiler rooms, etc. The land plot is not included in the lot.

The auction is scheduled for January 1, 2026. The guarantee deposit is UAH 9.5 million.

As reported, in 2021, the Kyiv District Court of Odesa upheld the claim of the National Bank of Ukraine against the former owner of Imexbank, Leonid Klimov, and ruled to sell the Lyustdorf sports and recreation complex in Odesa at an open auction to repay UAH 309 million of the bank’s debt on the stabilization loan provided to it.

As the owner of Imexbank, Klimov entered into surety and mortgage agreements with the National Bank in 2014, assuming personal obligations to repay the regulator’s debt on the bank’s stabilization loans.

In January 2016, the National Bank went to court to collect the debt through legal proceedings, as Klimov had failed to fulfill his obligations under the guarantee agreement.

On January 26, 2015, the NBU decided to classify Imexbank as insolvent, and on May 21, 2015, it revoked the bank’s license and liquidated the financial institution.

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