"The plot for development is difficult." Ten hectares of Kyiv land for 123.3 million UAH.

The State Property Fund (SPFU) has sold the Kyiv Automobile Repair Plant (KARZ). The buyer is the company "Inter Food 2020," which is prepared to pay 123.3 million hryvnias for the enterprise.
This is the second auction for the sale of this asset. The previous one took place less than three months ago. The previous winner, the company "Magistralbudtrade," was disqualified by the State Property Fund. It turned out that the firm, which offered 310 million hryvnias for the lot, was unable to pay that amount, reported. LIGA.net Owner: Yevhen Zabolotny.
The company "Contract Prodreserve 5", which took second place in the auction and to which the right to purchase the plant was transferred, also failed to pay for the lot, LIGA.net was informed by the State Property Fund. Therefore, the agency announced a new auction.
LIGA.net explains what exactly the new owner of the Kyiv Auto Repair Plant will receive and what might prevent him from building residential or office buildings on the site.
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