Pearl, hotel complex

2020: Purchase of the Beijing Hotel in Moscow for 4.8 billion rubles.

VTB sold the Pekin Hotel in Moscow (5 Bolshaya Sadovaya St.), but part of the payment from the buyer was restructured at his request, said the head of the bank Andrei Kostin in October 2020.

The owner of Beijing, part of the Hals-Development VTB Group, announced the impending sale of the Zhemchuzhina Hotel Complex asset (owns the Zhemchuzhina Hotel in Sochi) in January 2020. The parties planned to close the deal by July 31. Her financial terms were not disclosed.

"We sold. There is a little delay with settlements, but in principle they paid the down payment and ask to postpone the next payments, "he said.

Later, by June 2021, VTB closed the deal. The hotel building with an area of ​ ​ 26 thousand square meters. m went in addition to the plot of 5.6 thousand square meters. m. The bank's attempts to sell the object began in 2019 with a price of 5.67 billion rubles, but no one applied for the auction. The buyer of the Zhemchuzhina Hotel Complex paid 4.8 billion rubles for Beijing. Zhemchuzhina received part of the amount of 2.8 billion rubles on credit from Sberbank.

1985

Pool of the Zhemchuzhina Hotel, Sochi, 1985.