Sale of the Kozatsky Hotel in Kyiv: the state budget received almost half a billion hryvnias
Kyiv • UNN
The State Property Fund sold the Kozatsky Hotel in the center of Kyiv for UAH 480 million through the Prozorro.Sale system. The funds were fully transferred to the state budget, and the buyer also repaid UAH 9 million in accounts payable.
The State Property Fund has sold the Kozatsky Hotel, located in the center of Kyiv, at an online auction in the Prozorro.Sale electronic system. This was reported by UNN with reference to the SPFU.
Details
UAH 480,001,200 from the sale of the Kozatsky Hotel was fully transferred to the state budget. The buyer paid UAH 400,001,000.00 for the property itself and UAH 80,000,200.00 in VAT. The buyer also repaid the accounts payable to the budget in the amount of UAH 9,087,000. The successful bidder paid in 7 tranches. The last payment was made on August 6.
The SPFU emphasizes that the successful small-scale privatization auction proves once again that the sale of such objects is timely. The SPFU also emphasizes that this is not only additional funds to the budget to support the Defense Forces, but also a new impetus for the hotel's development.
In addition, it is about the development of the territories. For Kyiv, it will be a renovated facility with its own history, which will attract more visitors to the capital and contribute to the development of the tourism industry.
Recall
The State Property Fund has set the starting price for the Ukraina Hotel in Kyiv. It is going to be sold for at least UAH 1.048 billion. The starting price was determined by the auction commission, and is yet to be approved by the Cabinet of Ministers.
