Ukraine has received an invitation to join the Public Real Estate Network

The SPFU will become part of PuRe-net, which is a network of public entities responsible for managing state-owned real estate in EU member states. This proposal was presented to SPFU representatives during a meeting with Radek Ležatka, Deputy Head of OGRPA - the Office for Government Representation in Property Affairs (Czech Republic).

The OGRPA and the SPFU aim to establish a lasting collaboration, specifically by exchanging expertise on managing public real estate via transparent lease. 

OGRPA is prepared to share its experience with Ukrainian colleagues in creating a register of administrative buildings owned or used by the state. This resource would provide government agencies with detailed and up-to-date information on buildings, an overview of lease costs and revenues, the ability to assess the efficiency of the facilities' use, and monitoring, based on the Czech experience.

The SPFU is currently creating the Investment Real Estate Fund and actively working to consolidate over 8 million square meters of state-owned real estate in Ukraine.

Intensifying the lease of state property is one of our team's achievements over the past year. Since September 2022, lease has generated more than UAH 670 million for the budget. Comparing lease income from July last year to this year, the figure has increased by 3.3 times, from $780,000 to $2.3 million. The Fund is the biggest landlord in Ukraine. And this year, the state has signed over 1700 new lease agreements, providing Ukrainian entrepreneurs with the chance to start new businesses, create jobs, and support our economy. Clear and efficient state real estate management can generate even more revenue for our state on a consistent basis," stated Deputy Head of the SPFU Liudmyla Darahan.

For reference, OGRPA is a state institution which main functions include representing the state in court sessions on property rights of the state, managing state property and resolving issues related to property alienation. The institution oversees over 220,000 assets with a total value of CZK 18.2 billion (EUR 716 million), whereby OGRPA's real estate portfolio accounts for more than half of all assets – CZK 11 billion (EUR 433 million). Since November 2007, OGRPA has been a founding member of PuRe-net, an association of bodies managing public real estate in EU member states.