Lentimex Ukraine LLC (Kyiv), a subsidiary of Slovak Lentimex spol. s r.o., has completed the purchase of a 113.5 hectare land plot of the Rodovid Bank in Obolon district of Kiev, and plans to invest EUR 500 million in construction of a multifunctional space on its territory.
As Lentimex Ukraine told Interfax-Ukraine, on July 23, 2021, the company paid all its obligations under an auction and fully paid UAH 370 million in a letter of credit.
“It is planned to build a multifunctional space on the acquired plot with social, cultural and entertainment infrastructure according to European standards. This space will become a unique combination of recreation and a city,” the company said.
According to it, the total investment in the project will amount to more than EUR 500 million. Lentimex also intends to attract local partners to its team.
As reported, Lentimex Ukraine LLC won the Dutch auction of the Individuals’ Deposit Guarantee Fund for the sale of the Rodovid Bank land plot with a total area of 113.5 hectares, located in Obolon district of Kiev, with an offer of UAH 370 million. The intended purpose of this land plot is construction, as well as the operation and maintenance of residential buildings and social and cultural facilities. This asset was previously listed for sale. The starting price of the lot decreased from UAH 3.7 billion to UAH 370 million.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, Lentimex Ukraine was created on June 18, 2021 with a charter capital of UAH 20,000. The main activity is the purchase/sale of own real estate.
Slovak company Lentimex spol. s r.o. was established in 1997. It is engaged in the sale of conveyor belts, rubber products and raw materials for the metallurgical, energy and chemical industries, as well as turnkey industrial construction.
