“Gazprom Ventures into Real Estate: Shift in Strategy after Decades in the Gas Industry”
“GazProm expands into real estate market, targeting non-residential properties in Moscow. Company’s relocation prompts decision. Net profit down 27%, EBITDA doubled. Gas supply volumes continue to decrease, hitting lowest levels since 1985. European supplies at record low.”
“Armenia to Welcome New World Trade Center Project: Boosting Trade and Commerce in Yerevan”
Armenia’s Minister of Economy and “Renshin” Ltd CEO signed a memorandum for a World Trade Center (WTC) project in Yerevan. The $210 million project will feature conference halls, exhibition spaces, and a commercial center, attracting visitors from various regions. “HayPost” CJSC is also involved in establishing a joint-stock company, “Yerevan International Trade Center”. The complex will replace “HayPost” building on Sarinyan Street. “Renshin” Ltd, owned by the brother of RA Ambassador to Hungary, has previously signed agreements with other organizations.
“Armenia’s Minister of Economy signs groundbreaking deal for World Trade Center construction project”
The Government of Armenia signs a memorandum with Renchini LLC for the World Trade Center project in Yerevan. A closed joint-stock company will be established to oversee the project. Official approval was granted through decree No. 1529-A on September 7, 2023. Source: NEWS.am.
“Threat Looms for Former Home of Rose McGowan as Historic Orlando House Faces Destruction”
Famous actress Rose McGowan’s former house in Orlando, USA, faces demolition, creating distress. After the 9/11 attacks, the property was abandoned due to harassment concerns and recently sold to a business company planning “improvements.”
“Government to Divide Public Utilities in Gagarin Village for Educational Use, Raises Concerns”
Government has decided to separate public utilities in Gagarin village. The property, with a total area of 1106.68 sq. m., will be used for educational purposes. Its assessed market value is AMD 83,100.0 thousand, with a proposed declared value of AMD 66,480.0 thousand. The RA state budget will retain 70% of the division discount, while the community fund will keep the remaining 30%.
“Former First Lady of Armenia, Lilita Putina, Under Scrutiny for Villa Purchase in France”
Former First Lady of Armenia, Lilita Putina, reportedly buys a villa in France. Transparency International prompts investigation into villa purchase, worth €5.4 million. Putina’s financial connections were previously exposed in 2017.
Mysterious Disease Outbreak hits Village of Oshakan: Shocking details revealed by photographer Gagik Shamshyan
An outbreak of disease has been reported in a house in the village of Oshakan, as per photographer Gagik Shamshyan. The patient, a 69-year-old resident of Armavir province, showed no signs of violence on the body. The house is owned by a well-known real estate figure in Armenia. News from Armenia – NEWS.am
Government Approves Program to Provide Apartments to Public Servants in Yerevan’s New Residential Complex
The government approved a program to provide apartments to public servants in a residential complex in Yerevan. The project will include 1000 apartments and 700 parking spaces. The goal is to provide housing and regulate property sales. #Armenia #PublicServants #Housing
“Prime Minister Pashinyan Addresses Concerns Over Ownership of Artists’ Property in Armenia”
Learn about the challenges faced by artists in Armenia regarding the ownership of their property and buildings. Prime Minister Pashinyan addresses the issue, emphasizing the need for artists to have a connection to apartment requirements. Cases of property sales without clear procedures and foreign financing are also discussed. Discover the importance of resolving these issues to support Armenian artists.
French Investor Convicted of Trespassing in Bakvi Real Estate Fiasco
French citizen invests in Bakvi’s real estate market, Australian and French citizens express interest in public housing, resulting in fines for trespassing. Detention and imprisonment for involvement in illegal activities reported in Azerbaijan.