The average annual payment per hectare of sublease rose 4.4 times

Since October 2024 the limited liability company (TOV) Derzhavnyi Zemelnyi Bank has held 1.2 thousand land auctions for the sublease of agricultural plots on Prozorro.Prodazhi, according to the press service of the joint-stock company (AT) Prozorro.Prodazhi.

Increase in the average annual cost of subleases

As a result of the auctions the final price of annual sublease of state agricultural land rose on average 4.4 times. This figure covers all auctions conducted as part of the bank’s operations since October 2024.

aerial shot of arable fields and auction documents

Timetables for the auctions and details of the terms are specified in the announcements on the trading platform where the auctions were held. Other statistical summaries are provided by region and by lot.

Sales volumes by region and the most expensive lots

The auctions took place in 19 regions. The largest number of completed transactions was recorded in Kharkiv region — 386 deals totalling UAH 225.9 million; in Zakarpattia — 149 auctions for UAH 8.3 million; in Mykolaiv region — 135 lots for UAH 167.4 million.

people at a table review bids and maps

The largest amounts of annual sublease payments were recorded in Kharkiv region (UAH 225.9 million), Kirovohrad region (UAH 202.7 million) and Mykolaiv region (UAH 167.4 million); these three regions account for more than half of the total sum. The most expensive lot sold was a plot of 4,000 ha in Kirovohrad region, for which the winner offered an annual payment of UAH 65.5 million.

Iryna Pavlova

Iryna Pavlova

Deputy Editor-in-Chief

Deputy Editor-in-Chief of Concord Fintech. She runs the news feed: choosing topics, fact-checking and preparing stories on the economy, business and government decisions that affect Ukrainians' money. She makes sure every story has a verified primary source.

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