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Moscow City to sell its share in the Olimpiyskiy Sports Complex
30.09.2012 14:00
Moscow City to sell its share in the Olimpiyskiy Sports Complex

Moscow City is planning to sell its 49% share of the Olimpiyskiy Sports Complex. The object is included in the privatization program of 2011-2013, reports Interfax.

The object is estimated $ 150-160 million by experts.

The Olimpiyskiy Sports Complex was built for the 1980 Summer Olympics. It is located rather close to the city center, nearby metro station Prospect Mira.  The total square of the complex is 54.9 thousand square meters. It is consisted of a stadium and a swimming pool. The total capacity is 35 thousand people.

Within the last year Moscow has sold some large real estate objects, including hotels Metropol and National, shares in the hotel Hilton Moscow Leningradskaya, a multifunctional complex Novinsky passage and in a business complex International Trade Center.


Author: Irina Fomina

Tags: Moscow real estate    

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