Our team assisted one of the largest Russian residential real estate developers

Legal support of acquisition of industrial area in the center of St. Petersburg for the purpose of re-development and further residential construction from one of the oldest Norwegian conglomerates, which includes foods, confectionery and snacks businesses. The role of legal counsel includes legal check of the acquired assets, legal advice on risks related to the transaction and preparing transaction documents. The project is structured by means of purchasing 100% shares in the project company – the owner of the land and all facilities. The transaction is remarkable for the long history of the efforts from the Seller’s side to find a buyer for the “difficult” asset and negotiation process. The transaction is remarkable for the history of the target (one of the oldest confectionery plants in Russia), significant scope of related risks which were taken into account when structuring the transaction and complicated transaction structure.

Additional information

Arina Dovzhenko
+7 931 210 09 55
St. Petersburg