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State Assets Management Agency of Uzbekistan sells big restaurant at online auction

Business Materials 15 June 2020 11:36 (UTC +04:00)

BAKU, Azerbaijan, May 15

By Ilkin Seyfaddini - Trend:

The Territorial Administration of the State Assets Management Agency of Uzbekistan sold Versal restaurant located in Shaykhantakhur district of Tashkent for 33.3 billion soum ($3.2 million) to Diamond Drinks Co. LLC, Trend reports with reference to the agency.

The area of the building is 6,585 square meters. The starting price of the lot was 34.6 billion soum ($3.4 million). The deposit was five percent of the price - 1.7 billion soum ($167,060).

Previous reports said that two floors of Sato restaurant (Tashkent) will be sold through an online auction at a starting price of 3.5 billion soum ($344,492).

Meanwhile, the Toshkent Savdo Markazi complex, formerly known as State Department Store, will be sold at an auction as well. The starting price is 303 billion soum ($29.8 million).

On February 18, 2020, famous Tashkent hotel Chorsu was sold for 16.9 billion soum (nearly $1.8 million) at the auction, to Ittihad International Investment company from the UAE.

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