Russian proxies in Crimea approved the seizure of over 500 Ukrainian-owned assets, including banks, tourist infrastructure, and private property, through a so-called 'nationalization' move.

Russian proxies in Crimea have approved the seizure of hundreds of high-value pieces of Ukrainian-owned real estate on the occupied peninsula.

Russia will seize banks, tourist and sporting infrastructure as well as private property.

Seized assets include the real estate of five Ukrainian banks, a training ground of football club Dinamo Kyiv, and several resorts belonging to oligarch Rinat Akhmetov.

Deputies of the State Council of the Republic of Crimea adopted a resolution on the nationalisation of property of foreign citizens and states that commit hostile actions against Russia

The list of assets includes about 500 facilities related to various enterprises and banks, tourism and sports infrastructure

Part of their profits will go towards supporting the participants of the special military operation