The unfinished Sky Towers skyscraper in Kyiv was sold for 560 million hryvnias: who is the new owner?
9 April 00:55
One of the capital’s most famous long-delayed construction projects—the Sky Towers business center in Kyiv—was sold at an online auction for 560.47 million hryvnias. This is according to information on the OpenMarket online auction website, as reported by "Komersant Ukrainian"
Who bought Sky Towers
The winner of the auction was Tech Invest Postach Plus LLC, owned by Roman Chumak.
Publications about the auction note that the company was one of three registered participants, but the only one to pay the deposit. That is why it effectively acquired the property at the starting price.
The winner must transfer the funds by April 18.
Until July 2025, Chumak, through the company “Finance Accounting Consult,” owned the financial company “Universal Company.” It is currently named “Skyfall Finance” and belongs to sisters Anna and Karina Zlochevsky—the daughters of former Minister of Ecology and Natural Resources Mykola Zlochevsky.
What exactly was sold at the auction
The property put up for auction was an unfinished community center located on a 0.74-hectare plot in Kyiv’s Shevchenkivskyi district. The total construction area is 51,355.9 square meters, and the project’s completion rate is estimated at 51%.
The Sky Towers project consists of two towers connected by a stylobate, as well as a separate two-story bank building on the eastern side of the complex. The functional layout of the project included office space, retail space, a separate bank building, and an eight-level underground parking garage with 878 parking spaces.
At what stage did construction stop
Construction of Sky Towers was initiated by KDD Group in 2007. According to auction materials, work ceased in 2015. At the time of sale, 27 of the 47 planned floors had been completed, along with 8 underground levels.
The property description states that electricity is available but disconnected, while gas, heat, water, sewage, and heating systems were only planned.
Why Sky Towers Couldn’t Be Sold for So Long
Sky Towers had been on the market for several years. According to media reports, the property remained unsold for five years, and the starting price gradually decreased.
Previous auctions, scheduled for February 27, 2026, did not take place due to a lack of buyers. Ahead of the current auction, the complex’s value was reduced from 662.3 million UAH to 560.4 million UAH.
Some reports note that compared to the first attempts to sell it, the price of the long-stalled project has fallen by approximately 10–12 times. It was precisely this sharp reduction in the starting price that made the current auction successful.
Why the property ended up at auction
The construction of Sky Towers was financed, in part, by a 3-billion-hryvnia loan from Ukreximbank. Due to financing issues, work was halted, and in 2021, the bank won a court case regarding the loan debt. It was after this that preparations began to sell the property through an auction.
Who was behind the project previously
The construction of the business center was originally carried out by KDD Group. As of 2021, the developer’s largest shareholders included U.S. citizen Alexander Levin, entities affiliated with Andriy Verevsky’s Kernel agricultural holding, as well as brothers Vyacheslav and Alexander Konstantinovsky.
