Ex-Federal MUP building sold
Private Project Management has bought the former federal MUP building in downtown Belgrade for EUR 34.5mn.
Wednesday, 28.03.2007.
13:12
Ex-Federal MUP building sold
Private Project Management signed the contract with the Property Directorate in Belgrade Tuesday. The company’s Serbia and Balkans director Žarko Pavlović said the entire price of EUR 34.5mn will be paid within 30 days.Pavlović said that the building will be renovated to include a hotel with a 300 to 400-room capacity.
The winner in the tender to buy the former Federal MUP building in Belgrade, Soravia Invest, announced earlier it would not be able to pay the entire installment at once, prompting the Property Directorate to invite the Swiss company which came in second at the tender to sign the contract on the sale of the structure.
Komentari 0