02/07/2014 20:02
Yerevan Sports and Concert Complex put up for auction for 4th time
Karen Demirchyan Sports and Concert Complex (SCC) in Yerevan has been put up for auction for the fourth time, according to the website of Armenian Justice Ministry’s Judicial Acts Compulsory Enforcement Service (JACES).
The auction began today and will last until July 14. The starting price of SCC is 14,106,150 drams this time. The complex was put up for auction for the third time on June 17 at the price of 15,673,500 drams.
There were reports on June 26 that Armenia’s Civil Court of Appeals allegedly sustained a claim to recognize the auction of Yerevan SCC as illegal, but the press service of JACES later issued a statement saying that information about the suspension of SCC actions is not true.