Announcement on the sale through competitive bidding of the real estate located in Riga, Katrīnas dambis, owned by AS PNB Banka

 

The insolvency process administrator of the insolvent AS PNB Banka, registration No 40003072918 (hereinafter – “the Bank”), Vigo Krastiņš, in cooperation with SIA Latio, registration No 41703000843 (hereinafter – “Latio”), hereby announce the sale in a voluntary competitive bidding of the Bank’s real estate in Riga, Katrīnas dambis 27, cadastral No 01000120007 (hereinafter – “the Real Estate”). The Real Estate includes a land plot of 3163 m2, land cadastral designation 0100 012 0007, with a hotel building located thereupon (construction cadastral designation 01000120007001).

The appraised value and starting price of the Real Estate – EUR 3 000 000.

The competitive bidding price is exempt from the value added tax.

Application deadline – 30.04.2021, 05:00 PM.

 

To arrange for examination of the Real Estate and find out more information about it, please call Latio at +371 67032300 on business days from 9:00 AM to 5:00 PM.

Information on applying for the competitive bidding, the competitive bidding procedure, conditions for closing transactions and other relevant information is provided in the competitive bidding regulations available free of charge on the Bank’s website https://pnbbanka.eu/lv/auction or Latio’s website https://izsoles.latio.lv/. For more information on competitive bidding regulations please call +371 29165900.

 

All persons willing to participate in the competitive bidding should complete the following:

- by 30 April 2021, 05:00 PM, attend an on-site identification at the Bank’s office, submit the application form filled out in compliance with the Regulations, as well as all other documents indicated therein;

- by 30 April 2021, 11:59 PM, transfer to the Bank’s account No LV26BLIB1001005254001, AS “Baltic International Bank”, the participation fee of EUR 121, incl. VAT – EUR 21, and the deposit of EUR 300 000, which is 10% of the starting price.

The application for participation in the competitive bidding and the documents attached thereto shall be submitted at the Bank’s office in Riga, 15-2 Elizabetes Street (Latvian: Elizabetes iela 15-2), on business days from 09:00 AM to 05:00 PM, or sent via e-mail to izsoles@pnbbanka.eu in the form of an electronic document duly signed with a secure electronic signature and containing a time stamp.