The Vitebsk Regional Property Fund sold trade facilities and former military towns for almost Br1.5 billion.

December 28, Vitebsk / Sergey Kochetov - BELTA /. The "Vitebskoblimushchestvo" fund today sold trade facilities in Polotsk and former military towns in the Polotsk district for almost Br1.5 billion based on auction results. This was reported to a BELTA correspondent by Larisa Shcheglova, head of the fund's auctions and competitions department. Potential owners showed the greatest interest in three real estate objects of the former military town of Velie-1 in the urban settlement of Borovukha. 6 participants registered for the auction for this lot, and the winner was determined only at the 46th step of the auctioneer, when the sale price exceeded the starting price by 127 times. As a result, three buildings with a total area of over 180 sq.m, as well as the right to lease land plots of about 0.05 hectares for 20 years, were sold for almost Br48 million. The most expensive acquisition was a shop building with a warehouse with a total area of over 1.2 thousand sq.m and the right to a 25-year lease of a land plot (over 0.26 hectares), located in Polotsk. The auction for this lot was declared invalid, as only one participant submitted a bid. In accordance with Decree No. 232 "On Certain Issues of Conducting Auctions (Competitions)", the organizers offered the sole bidder to purchase the lot of interest at a price exceeding the starting price by 5%. The investor agreed to buy the real estate for over Br1.3 billion. Another auction participant turned out to be the sole bidder for three real estate objects of the former military town of Velie-2 in the urban settlement of Borovukha. After the auction was declared invalid, he also agreed to purchase the lot of interest at a price exceeding the starting price by 5%. As a result, buildings with a total area of over 5 thousand sq.m, as well as the right to lease land, were sold to the new owner for Br18.6 million. -0-