November 19, 2019 – As part of the cost-effectiveness program, ALROSA has put up for sale the administrative building in the centre of Moscow.
In 2018, it was resolved to include ALROSA’s building located at 12/1, 1-st Kazachy Pereulok in Moscow in the non-core assets disposal program. Upon completion of preparatory works and market assessment, ALROSA Supervisory Board resolved to sell the building at a public auction at no less than the market price.
The area of the 4-storey attic building for sale is 4.245 sq.m. It was ALROSA’s Moscow office until the administrative staff moved to the new office in 2016-17.
The auction was announced on November 15, 2019. Bids are accepted until January 14, 2020. The starting sale price is RUB 1 billion 85 million 696 thousand. The Auction House of the Russian Federation will hold the auction.
The registry of ALROSA non-core assets subject to disposal that was approved in December 2018 includes over 500 real estate items in different regions of the country. The program aims to increase economic efficiency and management quality in ALROSA Group.