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News | Housing | Iran

Sepahan Investment Cancels Purchase of Sohrevardi Office, Seller Returns Deposit

Sahmino Newsroom | 28 October 2026 | 15 days ago

Sepahan Capital Pioneers Investment said in a Group A Codal disclosure published on the evening of Tuesday, October 27, 2026 (5 Aban 1405), that it had mutually cancelled a contract to buy an office apartment on North Sohrevardi Street in Tehran. According to the company, a third party obtained a court order attaching the property after the sale agreement. The contract was worth 320,000 million rials, or 32 billion tomans; the company had paid only a 500 million toman deposit, which the seller returned to its account.

This property is at No. 222 Khorramshahr Street and is different from the office building at No. 127 West Mirzaei Zeinali Street whose sale the company announced in another notice. Cancelling the purchase does not cancel the sale of that other building.

Reference:CodalThe original report

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Over the same days, US Dollar fell 2.0 percent, to 2,640,700 rial.

Over the same days, Tehran Stock Exchange Index rose 5.8 percent, to 8,427,304.

Over the same days, Brent Crude fell 19 percent, to 92.00 dollars.

US Dollar
−2.0%
Tehran Stock Exchange Index
+5.8%
Brent Crude
−19.2%

Prices to the close of 11 November

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