The National Asset Recovery and Management Agency (ARMA) has announced a competitive selection of managers for three seized hotel complexes through the Prozorro system.

The first asset is Metallurg hotel complex in Dnipropetrovs'k region with a total area of 2,941 sq m. The property consists of non-residential premises built into the ground floor of a residential building with a porch.

The second asset is the Khmelnitskturist hotel in Khmelnytsky region with a total area of 962.4 sq.m.

The third asset is a 79% share in the authorized capital of LLC «Hotel London» - Kirovograd in Kropyvnytskyi. The complex of buildings has a total area of 2426.4 square meters.

These seized assets are attractive for investment and can provide significant revenues to the state budget. The management of these hotel complexes is an opportunity to contribute to the tourism industry of Ukraine.

The future managers will have to transfer a percentage of the income of the seized assets to the state budget on a monthly basis. The agreements also contain a mandatory minimum monthly guarantee payment, which the managers must pay from their own funds in the absence or insufficiency of income from asset management.