A 32.3-hectare registered industrial park 125 km from the Polish border, with an approved master plan for 123,000 m² of industrial, warehouse and office space plus a dedicated solar power site. Ukraine co-funds park infrastructure up to 50 percent, exempts park residents from corporate profit tax for 10 years, and waives VAT and import duty on production equipment. The sponsor sells and leases units into a structural shortage of modern industrial space driven by relocated Ukrainian industry and EU nearshoring.

KEY TERMS — Sponsor: Ital Investment (sale and lease rights holder). Program cost USD 45.3M (state grant USD 4.0M expected). Equity ask USD 18.0M in tranches 2026–2027. Structures: preferred equity in SPV, or phase JV from USD 5M. Model: 60% unit sales, 40% leased, plus solar PPA. Term 7–10 years; distributions from 2028 (projected).

PROJECTED RETURNS (BASE CASE) — Equity IRR ~21% (conservative 11%, optimistic 28%); equity multiple ~3.0x over 10 years; payback year 6 with phase capital recycling in 24–30 months; NPV at 12% USD 8.2M; yield on cost 15–17% on retained assets at stabilization. Management assumptions; live model available.

WHY NOW — Verified incentive framework with over UAH 900M disbursed to parks in 2025; Lviv region is 700+ km from the front line and next to NATO territory; US-backed political-risk and war-risk insurance (DFC, MIGA, Aon/Kniazha facilities) is available; entry pricing reflects wartime risk in the safest region of Ukraine.

STATUS AND DISCLOSURE — Registration and master plan complete; construction not started; no contracted revenue yet; documentary confirmation of sponsor rights and third-party validation of pricing are closing conditions. Full gap disclosure in the Investment Memorandum. Figures are projections, not guarantees.

NEXT STEP — Download the teaser, investor deck, investment memorandum and financial model below, then apply for collaboration to arrange NDA and data room access, a management call and a site visit.