Home / Business and Politics / Announcement of the competition for the project ‘Urban Land Regeneration in Šibenik – Batižele Project’

Announcement of the competition for the project ‘Urban Land Regeneration in Šibenik – Batižele Project’

Batižele Šibenik
Batižele Šibenik

The company ‘Batižele’ d.o.o. announced on January 8, 2024, on its official website, an International Public Competition – Call for Expression of Interest for the selection of an Investor for the project ‘Urban Land Regeneration in Šibenik – Batižele Project.’

The subject of the Public Call offer represents land with a total area of 220,839 m2, owned by the company Batižele d.o.o., which includes real estate with an area of 31,500 m² that will be allocated for the benefit of the City of Šibenik and Šibenik-Knin County, on which they will build and finance public facilities.

An investor is sought, which can be a single company or a consortium of bidders acting together as one entity. The investor selection process is divided into two phases: Phase A (Prequalification Phase) and Phase B (Submission of Offers).

In the first phase of the competition, interested investors are invited to submit their expressions of interest no later than February 19, 2024, by 12:00 PM, to the address: Batižele d.o.o., Trg palih branitelja Domovinskog rata number 1 (City of Šibenik office), 22000 Šibenik, and confirm their qualifications.

Within 3 weeks after the completion of the first phase, the company Batižele d.o.o. will make a decision on the selection of qualified investors. Selected qualified investors will have the opportunity in the second phase, which will last 12 weeks, to submit their binding offers according to clearly defined evaluation criteria, and each offer must include: a statement of commercial terms, a master plan, a business plan proposal, and a bid guarantee.

The investor selection process among the received binding offers will last 6 weeks, and the same process will be based on the assessment of the financial and technical excellence of the received offers.

Batižele d.o.o. will sell the selected investor land intended for predominantly residential construction and land for public infrastructure, while a 75-year construction rights agreement will be signed with the investor for the remainder of the development land.

The initial purchase price of the land intended for residential component construction is €562.68 per m².

The initial purchase price of the land intended for the construction of communal infrastructure is €186.53 per m².

The initial fee for construction rights is €2.24/m² per year.

The detailed terms of the competition are fully stated in the text of the Call for Expression of Interest, which is available on the website of the company Batižele d.o.o.

Tagged: