State Assets Management Agency building in Tashkent sells for 251.6 billion soums

The starting price was 165.5 billion soums, rising by 86.1 billion soums, or 52%, during the bidding. Jarkurgan Build Group LLC emerged as the winner. According to Spot.uz, the auction began at 10:00, lasted 2 hours and 50 minutes, and participants made 52 bids. The property was first put up for open auction in 2025.

The four-story building is located at the intersection of Amir Temur Avenue and Bukhara Street; previously, it housed the Tashkent khokimiyat. The plot covers 0.66 hectares including an inner courtyard, with a total floor area of 11,000 square meters. The sale is being carried out under a Cabinet of Ministers resolution from March 2025; the new owner may use the premises for offices or service-sector businesses.

According to the Unified State Register of Enterprises and Organizations, the buyer was registered in the capital in August 2024 and specializes in residential construction, with an authorized capital of 28.6 billion soums. A 61.51% stake belongs to the firm Palace of Energy, whose sole owner is listed as Jakhongir Tashpulatov, while the remaining 38.49% is owned by Dilmurod Siddikov.

The deal is taking place under a relocation program for ministries and agencies moving to New Tashkent, which involves the sale of 83 properties in the capital. According to the agency, eight administrative buildings have already been sold for 1,120.4 billion soums, while another 11 properties are up for auction with a total starting price of about 1 trillion soums. Earlier, the building of the Ministry of Investment, Industry and Trade was auctioned off for 287.14 billion soums.