Sale of 100% of shares in the Rostov hotel

The Auction House of the Russian Federation has realized at auction 100% of shares in the Rostov Hotel. The association owns one of the oldest hotels in Rostov on Don in the central business part of the city.

The Rostov hotel is the largest in Rostov-on-Don, with 374 hotel rooms. The hotel building is an object of cultural heritage of regional significance. Address: Rostov-on-Don, Budyonnovsky pr, 59

The hotel is located in the business center, surrounded by offices, banks, shops and restaurants. The location is convenient for guests: it is 8 km from the airport, and 1 km from the railway station. The hotel has everything necessary for full functioning.
On the territory of the Rostov hotel, there are a restaurant, a lobby bar, 2 conference rooms, a meeting room, a sport and health complex, a laundry and safe room. The land plot has been planted with greenery, and there is a parking area.

The winner of the auction will receive 19,531 sq.m. of hotel space and the right to the indefinite use of the land plot (area of land plot 16,868 sq.m.; share of Association – 83/100).

There were three bidders at the auction.
The winner acquired the lot for 750 million rubles.

This auction is the second major deal for 2012 in Rostov-on-Don after the sale of the Klondaik shopping center at ul. Dovatorov, 267.