From August 25 to 29, 32 online sublease auctions for state-owned agricultural land were held through the Prozorro.Sales system.
The total revenue for the week amounted to 11.6 million UAH plus 2.3 million UAH in VAT, according to the Land Bank project.
The auctions featured a total of 1,070 hectares of land across Kharkiv, Kirovohrad, Zakarpattia, Odessa, Sumy, and Kyiv regions.
Key results for the week:
- Total revenue: 11.6 million UAH plus 2.3 million UAH VAT
- Potential economic effect from the auctions: 13.9 million UAH including VAT
- 94 bids were submitted by participants
- Average sublease cost per hectare: 10,851 UAH
- The value of all land plots increased threefold
- The most expensive plot of the week was in Kharkiv region, covering 203.8 hectares. Its starting price increased 4.5 times to 4.5 million UAH, making the price per hectare 22,077 UAH.
