Rihard Wagner will try to rent a house

Recommend this article to a friend … For a 30-year-old house called Rihards Wagner, a German composer Richard Wagner, in Riga, will try to rent to a private partner Tuesday The Cabinet of Ministers heard a newsletter prepared by the Ministry of Finance on the development opportunities of this house, which mentioned several alternatives to the development of real estate.

This building consists of a plot of land with a total area of ​​0.15664 hectares and four-storey buildings of 4445.7 square meters. According to the data of the real estate cadastral information system, its value on February 24, 2017 is fixed at 1,147,143 euros.

Prime Minister Maris Kucinskis (ZZS) issued a resolution last June asking Danish Finance Minister Dany Razniece-Ozol (ZZS) to send a letter to the State Secretary of the National Service (VNP) in collaboration with the Ministry of Culture (KM) to create a working group involving representatives of the Central Finance and Markets Agency and the WNIS to ensure the reconstruction of the House Wagner. According to calculations made by the CM in 2016, the renovation costs of the Wagner House were estimated at EUR 16,536,000 without VAT, whereas they were estimated at EUR 18,8 million in the summer of 2017.

During the discussion several houses of Wagner development alternatives – the renovation of the property, the financing of capital investments from the state budget, adapting it to the needs of the State enterprise "Latvijas Koncerti"; property renewal through public-private partnerships; rental of property; Change or transfer of Wagner's house into the property of a non-public debtor; According to FM, the most advantageous alternative to the future development of Wagner is the leasing of real estate to a private partner beyond the general scope of evaluating these alternatives, their implementation, of their potential benefits and risks and their financial impact on the state budget. government sector

Thus, the FM has encouraged the leasing of real estate to a private tenant for 30 years with the obligation to make a certain amount of capital investment in real estate. Assuming that the tenant will have a cultural function in Wagner's house, the provisional rent would be EUR 0.67 per square meter without VAT or EUR 36 810 excluding VAT per year. FM added that the rent is set to a minimum, because the tenant has the obligation to invest in the lease.

Among the benefits of such a solution, FM mentioned that Wagner's home would remain state-owned, as well as a successful auction. Restoration work can be started as soon as possible. Similarly, in the implementation of such an option, there is no need for state budget funding for real estate restoration. At the same time, the FM said that since the construction is a cultural and historical monument, the instructions of the Inspection for the Protection of the Cultural Monument regarding the use and conservation of the cultural monument should be taken into consideration this could be a low demand for the rental market. With the government's decision, the VNIS as tenant of Wagner House will decide on the rental of the real estate and the applicable auction type and will organize a price survey to determine the market rent. The Rihard Wagner Society, represented by Mara Gaile, former Prime Minister and entrepreneur, turned to KM by proposing that the Wagner building be renewed as part of a public-private partnership. Later, KM signed a purchase agreement with PKC Ltd. to conduct a situation badysis and prepare proposals based on all aspects of the public-private partnership purchase models and the choice of the best alternative. The building is known as the Wagner Hall of Fame, and it was once the first musical theater in the city of Riga. From 1837 to 1839, the world-famous composer Rihard Wagner was the conductor of the opera. From 1988 to 2006, Wagner's concert hall was in this house

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