The State Property Fund has set the initial price of Ocean Plaza, one of the largest shopping malls in Kyiv, in the amount of over 1.65 billion hryvnias. This was announced by the head of the fund, Vitaliy Koval.
"The initial price of Ocean Plaza is 1,651,633,236 hryvnias. The next step is to develop a draft of the relevant decision for submission to the Cabinet of Ministers for consideration and approval. After that, we will determine the date of the auction," said Koval. According to him, Ocean Plaza has numerous advantages, including a favorable location (next to the Lybidska metro station), a large area and excellent technical condition.
66.65% of the authorized capital of Investment Union "Lybid" LLC, which the state received after the confiscation of the property of the sanctioned Russian oligarchs Rotenberg, will be put up for auction. Another major shareholder of Ocean Plaza is Andriy Ivanov's Lanita Invest company, which owns 33.5%.
The sale of Ocean Plaza will take place as part of the so-called "great privatization", which was last carried out in 2021. Unlike previous auctions, the sale of the Ocean Plaza shopping center will be conducted in the Prozorro system.
"Large-scale privatization is a powerful driver for the economy, which simultaneously replenishes the budget and reduces external borrowing, as well as transfers non-core assets to a new efficient owner, creating conditions for their further development," the press service of the State Property Fund of Ukraine reported.
We will remind that in June 2022, the deputies of the Verkhovna Rada supported in the first reading draft law No. 7451, aimed at simplifying the privatization of property during the war. 226 parliamentarians voted for this draft law - the minimum required number for making a decision.
