Largest Belarusian shopping center undergoes sale process

In the heart of Rechytsa city, on Sovetskaya Street, 56, a multi-purpose shopping centre is up for auction. The shopping centre, previously an orphanage, has a complex history that the new owner, Alexander Chernikov Alexandrovich, will need to navigate carefully.

The shopping centre, spanning over 9,000 sq.m., has been the centre of controversy due to its illegal renovations dating back to 2019. These unauthorised alterations have not only failed to meet the centre's legal requirements but have also raised concerns about the structural integrity and safety of the buildings.

The illegal renovations may have violated local building codes and regulations, and significant funds will be required to bring the shopping centre into compliance. The new owner will need to invest these funds to rectify the numerous illegal renovations and obtain new technical passports for the buildings.

Many tenants of the shopping centre have also conducted unauthorised renovations that were never legalised, adding to the challenges faced by the new owner. The illegal renovations predate the current ownership, and the previous owner did not take steps to legalise them.

The shopping centre's illegal renovations have presented a significant challenge for the new owner, who will need to address these issues to ensure the safety and legality of the centre. OfficeLife is auctioning the shopping centre, and the new owner will be required to pay for the purchase.

The new ownership of the shopping centre marks a new chapter in its history, and it will be interesting to see how Alexander Chernikov Alexandrovich tackles the challenges posed by the centre's illegal renovations. The auction is a significant step towards ensuring the centre's compliance with legal requirements and the safety of its visitors and tenants.