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4,453 Cases of Lease of Immovable Property Recorded in Armenia

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  • 4,453 Cases of Lease of Immovable Property Recorded in Armenia

    4,453 CASES OF LEASE OF IMMOVABLE PROPERTY RECORDED IN ARMENIA

    YEREVAN, JULY 23. ARMINFO. A total of 4,453 cases of lease of
    immovable property were recorded in Armenia in the first half of 2004,
    a 61.8% increase as against the first half of 2003, and a 28.4%
    increase as against the second half of 2003.

    The press service of the RA State Registry of Immovable Property
    reported that 39.1% of the deals were effected by legal entities. In
    the first half of 2004, 344 flats, 133 private houses, 1,292 social
    facilities and 138 production facilities, as well as one garage and
    2,534 land units, were rented in Armenia.
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