BAKU, Azerbaijan, Apr. 2
By Klavdiya Romakayeva - Trend:
The State Asset Management Agency of the Republic of Uzbekistan (SAMA) has announced the start of a public sale process for several major state-owned real estate assets, Trend reports referring to the SAMA.
According to the SAMA, interested parties are invited to submit bids for five commercial properties in the capital city of Tashkent, including a business center, a hotel complex, home goods and appliance superstore, two downtown buildings primed for redevelopment, as well as three mountain resort complexes outside of Tashkent.
The director of SAMA Akmalkhon Ortikov said that the real estate properties offered for sale are attractive assets in strong locations already functioning as operating businesses.
Poytakht Business Center, located in the heart of Tashkent, consists of a modern 14-story hotel and office complex occupying 34,592 square meters. Ichan Qal'a Hotel Complex consists of 58 guest rooms, a sports and fitness center and beautiful open-air restaurants. Malika is a 13,833 square meter home goods and appliances indoor market, currently operating with more than 120 tenants in place.
The former Republican Stock Exchange building (9,103 square meters, 1.1-hectare plot) and Newspaper Printing Building (17,863 square meters, 1.2-hectare plot) are both in excellent central Tashkent locations and well positioned for redevelopment.
The three resorts on offer are located in the Chimgan mountains outside of Tashkent. The Beldersoy Resort is set on 46.1 hectares in Chimgan, Bostanlyk district and boasts a 78-room hotel, 16 cottages, clubs, bar, restaurant, banquet hall, fitness facilities, paintball courts, conference halls for business events and helipad.
The Sidzhak Resort sits on 5.4 hectares in Bostanlyk district and includes a restaurant, cinema, winter garden, bar, sauna, gyms, indoor and outdoor pools, and cottages. The Kyzyl Suv Health and Sports Complex is located in Kyzylsuv, Bostanlyk district and consists of 5.9 hectares and includes eight cottages with a total capacity of 110 guests, a conference hall, football field and swimming pools.
It is reported that both companies and individuals are eligible to bid on the assets. Domestic and foreign bidders are eligible, with no restrictions or preferences.
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