Aeroflot put up for sale foreign real estate
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Aeroflot Group has put up ads for the sale of 12 properties in Hungary, Cyprus, Sweden, Norway, Denmark and Belgium. The project announced “Aviators”ads for sale discovered RBC. The most expensive object is a multi-apartment residential building with an area of 2072 sq. m with a plot of 834 sq. m in Larnaca, Cyprus, its market value is €1.9 million.
“The facility is located in the Skala area of Larnaca in close proximity to the sea and the port of Psarolimano (about 300 m), the distance to Kastela Beach is about 500 m. The immediate environment of the facility is represented by residential, social and tourist infrastructure. The distance from Larnaca airport to the property is about 6 km,” the description says. The house was built in 1990, it needs reconstruction.
Among other expensive objects, a three-room apartment in Oslo with an area of 79.5 sq. m worth €905 thousand, as well as an office in Budapest worth €463 thousand.
In the spring of 2022, due to sanctions, Aeroflot stopped flying to Europe. In this regard, part of the European real estate of the company was included in the list of non-core assets, Aviatorschina points out. The company wants to get rid of the property so as not to bear the extra costs of maintaining it.
Aeroflot has been selling foreign real estate for several years. In 2014, the company began to get rid of non-core assets: Aeroflot sold an office in Panama and a residential building in Montreal, as well as a hotel for relay crews in the city of Tomisato in Japan. In the same year, the company got rid of the representative office building in Kyiv for 8.3 million rubles. In December 2021, properties were sold in Nicosia, Casablanca and Budapest.
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