Apartment building with the starting price of UAH 1 on privatization auction

On February 18, an online auction on privatization of the object of unfinished building  – a 50 apartment residential building in Krolevets town of Sumy region, will take place.

The asset is an unfinished three-storey building (the second phase of building) with the total area of 1,547.6 sq. m., located at 24 A, Voiniv Internatsionalistiv Street. The object is situated on a land plot of 0.0752 ha, level of readiness is 30%.

The starting price is UAH 1, accepting applications for participation in online auction will last until February 17. It should be noted that the starting price is initial amount for rates on transparent auctions that establish market value of assets due to competitive bidding.

One of the main tasks during the privatization of that sort of object is looking for a competent investor who will be able to transform an abandoned long-term building into a successfully implemented project.

Potential investors who will have perfect opportunity to establish a market price of the object during conduct of the transparent online auction are invited to active participation in this asset’s privatization.

Information disclosure and virtual data room will help to explore as much as possible an asset to make a considered decision. For more detailed information on the privatization object, please follow the link: https://bit.ly/3tnHWCU