Providing legal protection of real estate investments
We lead on large and mid-sized real asset investment projects in Russia and abroad. Legal services rendered range from setting up investment structures in various jurisdictions to advice on real estate transactions, financing, and management. We also advise on subsoil use, land and water rights, territorial development, and industrial and commercial construction, in particular, on the drafting of contracts for construction, design, support to PPP projects, and compliance with environmental and other regulatory requirements. Aided by other firms’ practices, we also assist in the tax structuring of deals with real assets and judicial defence of real estate rights.
experience
Advising on a PPP project for construction of the Eastern Rail Polygon, Russia’s biggest transport infrastructure development project providing for expansion of the Baikal-Amur Mainline and the Trans-Siberian Railway, the two main railway lines connecting Russia and Asia. The advice has included drafting documentation for a private concession initiative and concession agreements. Matter value: ₽493 bn ($8 bn) (2022-present)
Advising on a private concession initiative for construction of two major bypasses for Russian metropolis Nizhny Novgorod, including drafting a concession agreement. Matter value: ₽170 bn ($3.1 bn+) (2022-present)
Advising on a private concession initiative for construction of a new toll road in the Nizhny Novgorod Region, including drafting a concession agreement. Matter value: ₽26 bn ($430 m+) (2022-present)
Advising on a private concession initiative for construction of a highway in the Kursk Region, including drafting a concession agreement. Matter value: ₽95 bn ($1.5 bn+) (2022-present)
Providing legal support for a large-scale project for building a new highway in the Moscow Region to reduce significantly the load on the Moscow City Ring, including drafting an addendum to the concession agreement for raising financing, and drafting and negotiating the general contractor agreement. Matter value: ₽156 bn ($2.5 bn) (2022-present)
Advised Gazprombank and VEB.RF on contractual matters related to financing construction of a new passenger terminal and renovating existing facilities at the airport of Novy Urengoy in the far north of Russia. The volume of investments: ₽11.3 bn ($150 m) (2020-2021)
Advised Gazprombank and VEB.RF as lenders providing syndicated financing for several PPP projects based on concession agreements for constructing and operating landfill sites and facilities for treating municipal solid waste in Russia. Credit line: ₽10.8 bn ($148 m) (2020)
Advising on a private concession initiative for construction of two major bypasses for Russian metropolis Nizhny Novgorod, including drafting a concession agreement. Matter value: ₽170 bn ($3.1 bn+) (2022-present)
Advising on a private concession initiative for construction of a new toll road in the Nizhny Novgorod Region, including drafting a concession agreement. Matter value: ₽26 bn ($430 m+) (2022-present)
Advising on a private concession initiative for construction of a highway in the Kursk Region, including drafting a concession agreement. Matter value: ₽95 bn ($1.5 bn+) (2022-present)
Providing legal support for a large-scale project for building a new highway in the Moscow Region to reduce significantly the load on the Moscow City Ring, including drafting an addendum to the concession agreement for raising financing, and drafting and negotiating the general contractor agreement. Matter value: ₽156 bn ($2.5 bn) (2022-present)
Advised Gazprombank and VEB.RF on contractual matters related to financing construction of a new passenger terminal and renovating existing facilities at the airport of Novy Urengoy in the far north of Russia. The volume of investments: ₽11.3 bn ($150 m) (2020-2021)
Advised Gazprombank and VEB.RF as lenders providing syndicated financing for several PPP projects based on concession agreements for constructing and operating landfill sites and facilities for treating municipal solid waste in Russia. Credit line: ₽10.8 bn ($148 m) (2020)
Legal support of projects for the construction and subsequent operation of a gas liquefaction terminal at a port on the Baltic Sea, including a pipeline branch, and a natural gas liquefaction facility for the supply to end-customers in the Republic of Karelia. Total value of projects: ₽43 bn+ ($715 m+) (2015-2019)
Advising a Russian private investor on entering into a project for the joint construction and development of a multipurpose commercial, business, and residential complex in Belgrade, Serbia. Volume of investments: €83 m (2018-2020)
Representing a private investor in the context of a complex project for the construction of a class-A business centre (140 000+ sq. m) in a prestigious Moscow district. Matter value: ₽20 bn ($330 m+) (2016-2019)
Advised a Russian investor on a development project for the construction of a residential and business complex (100 000+ sq. m.) in the historic part of St Petersburg, including advice on acquisition of land plots and reconstruction of old buildings (2010-2018)
Assisted a big international investment holding in joint venture projects for the construction of an oil terminal and oil refinery in Kazakhstan and energy infrastructure facilities in Serbia (2013-2016)
Advised a major international gambling operator listed on HKSE on an investment project for the construction and development of a hotel-casino complex in the Primorye Gambling Zone. Potential amount of investment: up to $350 m (2013)
