Snap tender for Palac Žofín lease angers Prague opposition

Snap tender for Palac Žofín lease angers Prague opposition

Published at: 2018-08-06 11:41 | Author: CIJEurope.com
Agentura NKL's lease of Palác Žofin from Prague's first district doesn't run out until 2025, but the company has requested that a tender be held, now, to determine who will run the building from 2025 to 2034. Opposition representatives in the city assembly are calling the move highly suspicious, as it comes just weeks before local elections are to take place. They also complain that the tender conditions fail to give any guidance on the expected price.

"It's pratically impossible for anyone else to take part," Petr Kučera told the server Aktualne.cz. "In the current situation it's impossible to make a calculation if they don't know the price. The competition is greatly disadvantaged." Members of the opposition Pirates party claim Prague 1's decision to give bidders just 15 days to react doesn't reflect the importance or value of the property. But Prague 1's mayor Oldřich Lomecký rejects the criticism, saying the 15 day period is what the law demands and that the district's approach is the same for all of its properties. He did tell Aktualne.cz, however, that while there's no guarantee that Agentura NKL will submit a bit, he's satisfied with the way the palace is being used.

Similar Stories:

BNP Paribas REIM acquires Ibis hotels in Munich
BNP Paribas REIM has acquired a portfolio of three Ibis hotels in Munich. The purchase pri  »
Orbis expands Ibis Styles brand in Romania
Orbis has opened an Ibis Styles hotel in northern Bucharest’s Aviatorilor-Aurel Vlaicu b  »
Airbnb growth in Prague outpacing hotels
The total number of units rented by Airbnb clients rose 30 percent in 2017 to 17,753. Of t  »
Czech tax authorities monitoring Airbnb providers
The Czech tax authority has been assembling data on people who offer Airbnb services to en  »
In Europe, the UK leads the way when it comes to new hotel projects: 119,000 rooms are cur   »
Invesco Real Estate acquired the 232-room Sheraton Grand Hotel Kraków for €70m on behal   »
The modern era for Belgrade’s hotel sector dates back just five years. Before that, the   »
The Danube Hotel Park Inn in Bratislava’s old town district has been closed for what its   »