ARMA has begun selecting a manager for the “Zhovten” sanatorium, located in the prestigious Koncha-Zaspa district on Stolichnoe Highway, on Prozorro.

The property complex of the “Zhovten” sanatorium has a total area of 22,762.90 m² and is located on a large territory in a picturesque area, which ensures its high investment attractiveness.

The market value of the property complex of the “Zhovten” sanatorium, according to the official valuation report, is 60,757,000 UAH.

“Zhovten” sanatorium, like other assets of the Federation of Trade Unions of Ukraine, was seized and transferred to ARMA for a transparent selection of a manager. This is part of the agency's systematic work on the effective management of property that has been financed for decades by contributions from Ukrainian citizens.

The open competition will take place on the Prozorro platform, which guarantees maximum transparency and competition among potential managers.

Under the terms of the future agreement, the manager will transfer a significant percentage of the income received from the management of the seized asset to the State Budget of Ukraine on a monthly basis. The agreement also contains a mandatory provision for a minimum monthly guarantee payment, which the manager is obliged to pay from their own funds in the absence or insufficiency of income from the management of the asset.