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Turkish developer demands large plot of land in Siberian city

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Turkish developer demands large plot of land in Siberian city

KrasnoyarskInvest, a company of Turkish origin, demands through court action to let it buy without a tender a plot of land in the center of Krasnoyarsk, the city located in Russian Siberia. This is where Ibis and Novotel hotels have been erected.


The company files a lawsuit to the regional commercial court against The Department for Municipal Property and Land Relations, the local media reports on Monday.

Thus, the building developers expects to receive a plot of land with an area of over 7,000 square meters, where the hotel complex is built on Karl Marks Street, 125.

As a reference, Paritet and KrasnoyarskInvest companies concluded an agreement for lease assignment for a plot of land located on Teatralnaya Square to build there a multi-functional retail and office center with an underground parking.

In its turn, the city administration signed a leasing contract for this land, where Ibis and Novotel hotels had been built. After that, the hotels’ owners addressed the Mayor Office with a request to let them buy out this plot of land, but were refused.

Now KrasnoyarskInvest claims that its rights and legitimate interests have been infringed and appealed to a court.

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