  Yerevan’s landmark Sport and Concert Complex put up for auction  May 20, 2014 - 12:13 AMTPanARMENIAN.Net - The Karen Demirchyan Sport and Concert Complex (SCC), one of Yerevan’s architectural landmarks, has been put up for action, according to the official website of the Service for the Mandatory Execution of Judicial Acts of Armenia’s Ministry of Justice. The bidding price for the Complex built in 1983 was set at AMD 19,350,000,000 (around $47 million). According to the website, the auction closes on May 29. The description of the auction lot says that the complex situated in Yerevan’s Kentron district is a seven-storied building with a total area of 46335.7 square meters and other auxiliary structures and territories. It says that the building was an object of mortgage, Armenia Now reported. The SCC owners were rumored to have taken out a $20 million loan secured on 75% of the Complex.   Top stories The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. From September 21 to November 11, a total of 2,820 Russians registered at a place of residence in Armenia, the police has said. The situation on the contact line between Karabakh and Azerbaijan was relatively stable overnight, the Defense Army says. Defense Minister Suren Papikyan has visited the southern Armenian province of Syunik, the Defense Ministry reported on March 18.   Partner news |  Latest news Biden honors resilience of Armenian people on April 24  U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says.CSTO recognizes Armenia’s sovereign right to withdraw Tasmagambetov has said that if Armenia decides to leave the organization, “it will be the sovereign right of Armenia.”Ex-President: Only removal of “defeatist” rulers can save Armenia Former Armenian President Serzh Sargsyan has shared a message on the 109th anniversary of the Armenian Genocide. |
