Hotel Marjan is finally ready for sale or official takeover of Adris

first_imgAfter 11 long years, the light is finally visible at the end of the tunnel around the future of the Marjan Hotel in Split. Namely, the bankruptcy proceedings at the Commercial Court in Split against the bankruptcy debtor “Adriatic” dd in bankruptcy were completed by issuing a conclusion on the sale, reports Free Dalmatia. By 2021, an additional two billion kuna will be invested in the tourist part of the Group, which will bring 95 percent of hotel capacities to the highest level of supply, announced Adris at the end of last year. After the opening of the luxury hotel Park in Rovinj, investments will follow in Split, of course if everything goes according to plan around the hotel Marjan, and in Zagreb and Dubrovnik in hotels HUP Zagreb, which Adris bought from Andjelko Leka last year. Thus, Fina will sell an electronic public auction of a hotel of 5679 square meters, a substation, a parking lot, three yards and stairs, all together almost 12 square meters. According to the accepted estimate, the price was set at HRK 432 million including VAT. ADRIS WILL INVEST TWO BILLION HRK IN THE TOURIST PART OF THE GROUP BY 2021 Željko Kerum bought the Marjan Hotel in 2005 through a tender. He paid 170 million kuna, three times more than the requested 57 million kuna. Less than four years later, a contract was signed with the Hilton, and Kerum became mayor a few months later. The works on “Marjan” were soon interrupted, and in 2015 everything ended with the bankruptcy of the company “Adriatic.center_img RELATED NEWS: It would be a real “miracle” if Adris did not buy Hotel Marjan and thus not become a 100% owner of this extremely valuable property. Namely, in December 2017, Adria resort, a company within the Adris group, concluded an Agreement on the purchase and sale of all receivables with associated mortgages on real estate owned by the bankrupt company Adriatic dd from Split. If another investor interested in the Marjan hotel appears, then he should additionally buy receivables from Adris, which is very unlikely. THE MOST LUXURIOUS HOTEL ON THE ADRIATIC OPENED, GRAND PARK HOTEL last_img read more

See More