Almost 200 ‘small’ state-owned properties are to go up for auction in September

Almost 200 ‘small’ state-owned properties are to go up for auction in September, Vitaly Trubarov, head of the State Property Fund posts on Facebook. On Monday, the Fund posted 210 properties for sale. Two weeks ago, the Fund posted 147 more. Potential buyers have one month from posting to register and pay a guarantee. By the end of this year, an additional 300 properties are to be auctioned off. The program is attracting the interest of investment fund managers who are employing IT specialists to ‘scrape’ the Fund date entries, searching for value.