Vaspahan Sells Tehran Office Building, With Payment Set in Stages

Poyandegan Sarmayeh Sepahan Investment Company, known as Vaspahan, disclosed that it sold its entire ownership of an office building on North Sohrevardi Street in Tehran to Hamid Nazari on Wednesday, October 21, 2026. The Group A Codal filing puts the contract value at 1,556,000 million rials and says some cash was received at the transaction, with further payments tied to transfer of title and vacating the property.

In the same disclosure, the company estimates a gain of 1,183,256 million rials on the property sale. This is a gain on disposal of an asset rather than recurring operating revenue; the full contract proceeds are not all collected on the contract date.