Lease of land shares in Ukraine
MyLand - 14/05/2012:
According to the report of the State Land Agency of Ukraine, in the first quartre of 2012 there have been registered 4357.5 thousand contracts for lease of land shares (pai). The total area leased on the basis of the said contrcats made up 17,3 million ha.
The aggragate sum of rent due for the first quarter of 2012 made up UAH 7.64 billion while average rent per ha amounted to UAH 443 per ha.
In total, there are 4599.6 thousand contracts for lease concluded by land owners (holders of land share certificates and land titles (acts)). By duration these contracts are divided like follows: from 1 to 3 years - 251.4 thousand (5.5%); from 4 to 5 years - 1941.7 thousand (42.2%); from 6 to 10 years - 1798.3 thousand (39.1 %) and for over 10 years - 608.3 thousand contracts or 13.2% of the total number of contracts.
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