This is the sale of an object as a single property complex through an open auction, where the price is formed in the course of competition between participants. The winner will be the one who offers the highest price.
According to the authorities, the auction format with an increase in the bid is chosen as more efficient than an investment tender, as it ensures wider competition, simplifies the procedure and allows maximizing the sale price without additional restrictions on the future use of the facility.
At the meeting of the government’s secretaries-general on Friday, April 10, they discussed a draft on the amendment of the annex to the government’s decision on measures to implement the law on the management and denationalization of public property.
According to the justification, in the current activity model, the hotel shows a net margin of 1-2%, which is significantly lower than the average market indicators for metropolitan hotels, which are estimated to reach 15-25%.
At the same time, the property, located in the central part of Chisinau, is considered as an asset with high investment potential. Possible areas of development include hotel business, apart-hotel, office space, retail space or mixed formats with integration of services.
Earlier, the State Property Agency announced that it would conduct proceduresы appraisal Zarya Hotel in the center of the capital in order to determine the real market value of this state-owned enterprise, taking into account all assets, liabilities and ownership rights.
