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Russian Free Press

Aeroflot began selling foreign real estate received under the USSR

February 10, 2023
in Daily News
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Aeroflot put up for sale real estate in Europe with a market value of €7.42 million, which is equivalent to almost 650 thousand rubles at the current exchange rate. This drew the attention of the Telegram channel "Aviatorschina". There are 11 objects in total: an office building, service apartments, a building with apartments and hotel rooms, and an apartment building. This is mainly real estate that was purchased or taken on a long-term lease in European capitals under the Soviet Union, the publication says.

Objects are put up for sale in Belgium, Denmark, Norway, Sweden, Hungary and Cyprus. Real estate was included in the list of non-core assets, the maintenance of which the company does not want to spend money, given that Aeroflot no longer flies to Europe.

The most expensive object was a three-storey house with a plot and 24 apartments in Larnaca. The cost is about €2 million at market prices. The largest object is a three-story building in Budapest with a market value of about €512.3 thousand without a land plot. These are 15 apartments, 38 hotel rooms, seven car boxes, a gym and conference rooms. It is clarified that the building has not been used since 2010, and it needs to be maintained.

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