Prozorro.Sales Land Auctions Generate 12.3 Billion UAH Over Five Years with Land Bank Leading

Overview of Land Auctions in Prozorro.Sales

According to Мін. Економіки: Over the past five years, land auctions conducted through the Prozorro.Sales platform have raised a total of 12.3 billion UAH, involving the sale or lease of more than 44,000 land parcels. More than 5,800 organizers have participated in these auctions, with the Land Bank standing out as the top performer. Notable active communities in the auction process include Buryne in Sumy region and Balta in Odesa region.

Financial Outcomes and Participant Engagement

The average price of land parcels has nearly doubled, increasing by 1.9 times. Annually, organizers earn over 4.1 billion UAH from leasing various types of land, while sales have generated almost 6.3 billion UAH. Of these sales, 1.9 billion UAH come from auctions of seized land. The Land Bank leads in agricultural land sales, conducting more than 1,200 auctions each year and contributing nearly 1.2 billion UAH in rental income to different budget levels.

• Among the most valuable lots is an agricultural plot of nearly 4,000 hectares in Kirovohrad region, whose winning bidder will pay over 65.5 million UAH annually in rent.
• The highest-priced non-agricultural lot was a recreational land parcel in Zhytomyr, sold for 106 million UAH.

The rising land prices and increasing participation reflect a revitalization of Ukraine's land market. The substantial funds raised through land leasing and sales provide essential financial resources for regional development and local initiatives. These results highlight the crucial role of the Prozorro.Sales system in ensuring transparency and competition within the country’s land market.