Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Hotel National sold by Moscow for about $ 150 mln
26.12.2011 08:50
Hotel National sold by Moscow for about $ 150 mln

Moscow authorities sold the hotel National in Mokhovaya St. at an auction. The new owner, the family of the Gutserievs and the Shishkhanovs has paid about $ 150 million.

The Moscow authorities have managed to find a purchaser for one of the most symbolic and expensive real estate objects in Moscow. The auction on selling 100% shares of JSC The Hotel National took place at the Russian Auction House. Moscow estimated its shares in 4.583 bn Rubles ($ 144 million).

The Hotel is situated in front of the Kremlin. The Hotel offers 201 rooms, furnished with antique furniture and pieces of art of the Russian tsar family. JSC Hotel National owns the building of 21.5 thousand sq meters and has land leasing rights on two ground areas of total square 4.435 thousand sq meters. 

Only two investors took part at the auction: ZAO Smart Finance Group and OOO Trade Group TG. ZAO Smart Finance Group became the winner paying $ 147 million.

Sait-Salam Gutseriev will become the final owner of the hotel after the finalizing the deal.

Author: Irina Fomina

Tags: hotel     

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Russian airports  migration in Russia  Karachay-Cherkessia  I Want To Go Home  Vauxhall Center  Russian tourism  Mercedes-Benz Fashion Week Russia  Sakhalin  Russian science  Russian aviation  Russian business  James Bond  Moscow  Perm Territory  Moscow airports  Boris Eifman Ballet Theater  Diana Vishnyova  terrorism  Yuri Milner  Tatar Traditions  Cheremkhovo  sandboarding  Valentina Matvienko  Perm  St. Petersburg  Arkhangelskoye  Russian State Corporation  Andrey Zvyagintsev  Russian tourist destinations  Exhibitions in Moscow  Yandex  Ulyanovsk-Vostochny  Pskov  Jews in Russia  Free Events  Krasnaya Polyana  Russia Travel Tips  Big Cartoon Festival  Rutger Hauer  Russian scientists  Adygea  Russian Film Directors  Russian Cinema  Gelendzhik  Epic Con Russia  Birds  Russia international  Nonna Mordyukova  Red October  Russian economy 

Travel Blogs
Top Traveling Sites