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News | Housing | Iran

Shahr Bank Reports Unfinished Surplus-Property Auction, With Offers Still Under Negotiation

21 October 2026 | 2 hours ago

BSHPup2.8%4,030rials21 October

Shahr Bank, traded as BSHP, classified the outcome of its auction of 115 surplus properties as unsuccessful in a Codal filing on Wednesday, October 21, 2026. The bank said that, among a group of 50 property lots, it received offers on some lots that remain under negotiation, while the rest had no bidders. It said sales of the remaining properties offered in the auction are still on its agenda.

Receiving an offer is not a signed sale or recognised profit. This is the outcome of the property auction, not a reversal of previously completed disposals.

Source:CodalThe source text

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