Manutent Brought to an End the Hotel Purchase and Sales with SOK

Yesterday 23. September,  Manutent Hotellid OÜ and SOK Real Estate Int. OY
signed the contract, with which was brought to an end the company  Otel Plus
purchase and sales. Otel Plus owns a hotel complex , which will carry the name
„Sokos Hotel Vasilievsky“ and it has 255 rooms with more than 500 beds. Hotel
also has a restaurant, lobby bar, sauna complex and conference room. 
The hotel  is located on Vassily Island next to the Lieutenant Smidt Bridge, a
short walk from Nevsky Prospect. 
With the income of the transaction Manutent intends to redeem the bonds emitted
on the 28th of Sept. 2007. 


Ivi Schwarz
Manutent OÜ
Member of the Board
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