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    Home EURASIA Armenia

    Real estates located in the Kentron administrative district of Yerevan will be returned to the Republic of Armenia

    The Analyst by The Analyst
    May 2, 2026
    in Armenia
    Real estates located in the Kentron administrative district of Yerevan will be returned to the Republic of Armenia


    On January 23, 2026, the State Interests Protection Department of the General Prosecutor’s Office submitted a lawsuit to the Anti-Corruption Court, demanding to recognize as invalid the real estate purchase and sale agreement signed on December 27, 2008 between the “Armenian Scientific Research Institute of Earthquake-Resistant Construction and Structures Preservation” BB Company and “Jermuk International” LLC, and to apply the consequences of invalidity.

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    According to the judgment of the court on April 14, 2026, the reconciliation agreement of the parties was confirmed, according to which the basement area No. 97 of the 7th building of Aghayan street, Kentron administrative district of Yerevan city, with a total area of ​​51.9 square meters, and the plot of land with an area of ​​0.082262 hectares will be returned to the Republic of Armenia.

    ARMENIA REPUBLIC PROSECUTION

    According to the “Copyright and Related Rights” Law, the reproduction of extracts from news materials should not reveal the essential part of the news material. When reproducing excerpts from news materials on the website, it is mandatory to indicate the name of the media outlet in the title of the excerpt, and it is also mandatory to insert an active link to the website.





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