The auction was held for the sale of Triumph Palace Hotel in the center of Kaliningrad

On 21 November the Auction House of the Russian Federation (RAD) sold through a public offering the working luxury Triumph Palace hotel in Kaliningrad.

Address: 3, Bol’shevistskiy Lane, Kaliningrad.
The Buyer – the individual – offered 135 million rubles for the lot.

The auction was held within the framework of bankruptcy procedure of LLC Triumph Palace Hotel + at the electronic platform – Sberbank AST.

For sale was offered the hotel building with an area of 5.1 thousand sq. m. with a land plot with an area of 1.8 thousand sq. m. (lease up to 2052).