Atieh Damavand Property Auction Finds Winners for Five Assets, Pending Board Approval

Atieh Damavand Investment Group (ATDM, traded as Vati) said in a top-tier Codal disclosure published Sunday, October 25, 2026 (3 Aban 1405) that it received acceptable bids from five applicants for five properties in that day's auction and selected the winners. The assets include a shop leasehold in Tehran, two properties in Isfahan, an apartment on Kish island and a house in Tehran's Shahrak-e Gharb. Three Isfahan apartments and one apartment in Malard drew no bidders.

The company stressed that notifying the winners of their amounts and signing cash sale contracts are subject to its board's approval and further formalities; selecting a winner does not complete a sale. The filing says settlement, if contracts go ahead, calls for 90 percent at signing and delivery and 10 percent when title is transferred. The form prints a total amount but the readable notice does not identify its currency unit, so this item does not estimate the rial value of the sales or any resulting gain.