More than 2.5 times more expensive: Hotel Kozatsky was purchased at auction for UAH 400 million
Kyiv • UNN
The Kozatsky Hotel on Independence Square was sold at auction for UAH 400 million, which is 2.5 times the starting price. The buyer will pay an additional UAH 80 million in VAT, and the funds will go to the state budget.
The Kozatsky Hotel on Independence Square was sold at auction for UAH 400 million. During the 3-round bidding, the price increased more than 2.5 times - from UAH 155 million to UAH 400 million.
Writes to UNN with a link to the Prozorro.Sale website.
The State Property Fund has held an online auction of the Kozatsky Hotel, located on Mykhailivska Street in the center of Kyiv.
The starting price of the lot was about UAH 155 million. The bidding took place in three rounds (according to the rules of the English auction) to increase the price. Three bidders competed. During the auction, the price increased more than 2.5 times to UAH 400 million.
It is noted that the funds will be transferred to the state budget after the agreement with the winner. In turn, the buyer will pay an additional UAH 80 million in VAT.
For reference
The Kozatsky Hotel is located in the center of Kyiv with an area of over 9,500 m². The lot includes a building with 135 rooms, a restaurant, a cafe, five conference halls, as well as 1494 items of movable property (equipment, furniture, inventory, etc.).
