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Minsk
In 2011 Vivat was appointed to fully developed a US$300 million project in Minsk including a 5-star Hotel and a sport and entertainment Complex.
Our Company brokered land development rights for the Complex in Minsk with Belarusian top-level government officials and managed the investment and real estate development including securing hotel licensing and project management from design through construction.
We oversaw the market study, legal and financial due diligence, feasibility studies, project planning, local company establishment and full management of ground-up development.At the post-development stage, our Company has been chosen to manage the property on behalf of the new Owner. We have established a company in Minsk in order to effectively manage the asset and operations. The Complex fully opened in February 2017.