The 10 most expensive state assets sold in 2018

In the past year 988 assets were transferred from state ownership to the private sector.

In 2018, the National Agency of State Property under the Ministry of Economy and Sustainable Development mobilized over 115,600,000 GEL through the sale of state assets. 988 assets were transferred from state ownership to the private sector and the expected investment on the sold assets is over 68,000,000 GEL.  Last year, the government sold linear construction for the highest price, the owner of which now is Socar. The company paid 21.3 million GEL in total for the 35 units of liner construction.

 

The 10 most expensive assets sold are the following:

Property: 35 unit lateral constructions located in Kaspi, Zugdidi, Lagodekhi, Akhmeta, Gardabani, Zestafoni, Ozurgeti and Oni municipalities

Selling price: 21,301,538 GEL

Buyer: Socar

Property: 26381.00 square meter non-agricultural land and constructions including constructions on the land, on Khevdzmari Street 1, Tbilisi.

Selling price: 14,080,000

Buyer: Donna Group Ltd.

Property: 3636.00 sq. m. Non-agricultural land and building located on said land, in Tbilisi, located on N5A of Sandro Euli street

Sale price: 3,980,000 GEL

Buyer: International Foundation Blue Bird

Property: 3668.00 sq. m non-agricultural land in Tbilisi, located in Otar Chiladze street N9, .

Sale price: 3,800,000 GEL

Buyer: LLC USA Development

Property: 3,549,156 ordinary shares of 1 GEL nominal value of the state-owned Akhtala Resort (Government’s share in equity 99.54808 %)

Sale price: 3,760,000 GEL

Buyer: Ltd Global Vector Georgia

Property: 11,656.00 sq. m non-agricultural land in Digomi, Tbilisi

Selling price: 2,270,000 GEL

Buyer: Dream Palace

Property:  134.67 sq. m. non-agricultural plot of land located in Tbilisi, Leslidze Street N55

Selling price: 2,222,000 GEL

Buyer: Ltd Four Group

Property: 12,653.00 sq. m. located in Tbilisi Airport, non-agricultural land and buildings located on said land

Selling price: 1,851,000 GEL

Buyer: Ltd Fujin Silk Frofert

Property: 3,562.00 sq. m. non-agricultural land plot; 1039.00 sq. m. nonagricultural land and 7,867.00 sq. m. nonagricultural land, located in Bakuriani in ‘Didveli’

Selling price: 1,706,000 GEL

Buyer: Vertex Ltd.

Property: Land and area located in M12 Javakhishvili str.

Selling price: 1,640,000 GEL

Buyer: Ltd Global Vector Georgia

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