Interior Ministry buildings sold

The cluster of Interior Ministry buildings hit in NATO air campaign was finally sold in a tender.

Izvor: B92

Tuesday, 27.02.2007.

14:48

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Interior Ministry buildings sold

Austria-based Soravia Invest won the bidding by offering EUR 35.05 mn, which is 550,000 more than the second bidder - Private Project Management Company.

The purchase contract should be signed later this week. “The edifice complex will be turned into a multifunctional complex consisting of a hotel, office space and several conference halls.

The second tender was annulled since the competitors failed to produce valid banking guarantees.

Soravi Invest plans to invest 100 mn euros into the project and put a five stars mark on the hotel. The same company is set to devote more than 500 mn euros to projects in Serbia in the next few years.

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