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Over 1,500 hectares of land sold in Ukraine in 10 months, says land agency

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Dec. 4, 2012, 7:51 p.m. | Business — by Interfax-Ukraine

A total of 2,572 plots of land with a total area of 1,511 hectares worth Hr 1.1 billion were sold in Ukraine January through October 2012, the State Agency of Land Resources of Ukraine said in a press release.
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A total of 2,572 plots of land with a total area of 1,511 hectares worth Hr 1.1 billion were sold in Ukraine January through October 2012, the State Agency of Land Resources of Ukraine said in a press release.

As the agency said, 124 plots of land (46.25 hectares) worth UAH 28.6 million, and tenancy rights for 616 plots of land (9,645 hectares) worth Hr 34.7 million were sold via land auctions.

Since the beginning of 2012, payments from the sale of land to budgets of various levels have totaled UAH 1.2 billion.

The agency says that January through October last year 2,794 plots of land and tenancy rights for land with a total area of 6,742 hectares were sold to the tune of Hr 599.6 million. In particular, 60 plots of land with an area of 63.06 hectares worth UAH 39.1 million, and tenancy rights for 400 plots of land with an area of 5,794 hectares worth Hr 20.2 million were sold at land auctions.

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