Ukraine sells its first prison to private investor for $13 million

An unusual lot went under the hammer at an online auction on June 3 in Ukraine — an abandoned former state prison in Lviv.

The 39,800-square-meter prison, located on 32 acres of land, was sold for $13.6 million. The sale inaugurated the country’s ‘Big Sale of Prisons’ program announced by Justice Minister Denis Malyuska last August.