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Home Uzbekistan

Lotte City Hotel Tashkent sold for $20 million

WNAM: by WNAM:
November 23, 2024
in Uzbekistan
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Lotte City Hotel Tashkent sold for $20 million
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WNAM MONITORING: The State Assets Management Agency (SAMA) announced the privatization of the Lotte City Hotel Tashkent in Tashkent’s Yunusabad district.

KPMG was hired as a privatization consultant, while Deloitte was hired as an independent assessment.

According to the Agency, 15 companies expressed interest in the asset, but only 3 of them submitted binding offers.

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