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Kyiv’s iconic “Hotel Ukraina,” located on the city’s central Independence Square, also known as Maidan Nezalezhnosti, was sold in an auction for Hr 2.5 billion ($60 million) after being state-owned since 1961, Ukraine’s State Property Fund said. The sale marks one of the country’s largest privatizations of state-owned property in recent years. The auction’s winner was Ukrainian businessman Maksym Krippa — who bid over double the starting price of Hr 1.05 billion ($25.3 million), according to results on Prozorro.Sale, an online auction system in Ukraine. While Krippa has maintained a relatively…

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