Source: Beta | Monday, 23.05.2022.| 13:52
Highlight an article Print out the news

No Bids for Purchase of Genex Tower

(Photo: Print screen / YouTube / espreso.rs)
The public bidding for the Genex Tower in Belgrade has been pronounced unsuccessful, because there were no interested buyers, announced the Bankruptcy Supervision Agency.

The Genex Tower, the office part of the so-called “Western Gate of Belgrade”, was offered at an initial price of RSD 2.09 billion, and a potential buyer had to pay a deposit of RSD 834.68 million or submit a guarantee. No deposit was paid and no banking guarantee was submitted for the public bidding.

The tower has 38 floors with nearly 15,000 m2 of office space, plus garages. A total of 28 office spaces, with an area of close to 15,000 m2, including the stretch from the 27th to the 37th floor, but also a garage of around 9,000 m2, were put up for sale.

Six floors have so far been leased, and the remaining space is empty due to the lack of the cost-effectiveness of turning on heating and water for only a part of the building, because it was built in units consisting of six floors each.

Formerly one of the biggest external trade companies, Generalexport, the owner of the tower, has been in bankruptcy since 2015, as has been its daughter-company ICG.

Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE