Real estate and construction in Russia

Baker & McKenzie - CIS, Limited

Divided between Moscow and St. Petersburg, Baker & McKenzie - CIS, Limited provides the full range of advice relating to commercial, residential and industrial property. The group is routinely involved in high-value corporate transactions and property-related contentious issues. It is equally prominent in the construction space, where it handles all stages of construction projects in the oil and gas, fast-moving consumer goods and mining sectors. Other particular strengths lie in contract drafting, as well as contractual advice regarding agreements governed by Russian or English law as well as FIDIC contracts. Konstantine Kouzine heads up the practice, where senior associates Daria Mokrousova and Alexander Chudnovsky also stand out, with Maxim Kuznechenkov, who is a key adviser to hotel sector clients. Managing partner Maxim Kalinin and counsel Olga Anikina are standout practitioners in St. Petersburg.

Practice head(s):

Konstantine Kouzine

Other key lawyers:

Maxim Kalinin; Alexander Chudnovsky; Daria Mokrousova; Olga Anikina; Maxim Kuznechenkov

Testimonials

‘The highest quality. While being very focused on solving your particular issue, the team takes into account much wider context which leads to best results.’

‘Daria Mokrousova is the best in drafting contracts.’

Key clients

Renaissance Development

AB Development

Novaport Holding

Radius Group

The Boeing Company

Renaissance Construction

Renaissance Heavy Industries

Amtel Properties

GHP Group

AFI Development

X5 Corporate Center

Work highlights

  • Advising Renaissance Development on matters relating to the sale of 26-storey office premises in Neva Towers in Moscow City.
  • Advising X5 Corporate Center on the sale of a shopping mall in St. Petersburg to O’Key.
  • Advising AFI Development on negotiating and signing a pre-lease of the Gruzinsky Val Class A business centre in Moscow with Tinkoff Bank.

Bryan Cave Leighton Paisner (Russia) LLP

Bryan Cave Leighton Paisner (Russia) LLP utilises its ‘legal knowledge, analytical and communication skills’ to take the lead on high-value commercial and industrial property transactions for a mix of domestic and international clients; Rustam Aliev is a key figure for transactional work. The practice is at the forefront of commercial property leasing matters; in a recent highlight, Yuri Chernobrivtsev successfully acted for Tinkoff Bank and negotiated the biggest-ever office lease arrangement with developer AFI Development. On the construction side, practice head Vitaly Mozharowski stands out for his longstanding experience spanning brownfield and greenfield investment projects, infrastructure work and land law issues, while counsel Dmitry Ilyin is adept at handling EPC contracts. The firm recently gave its real estate portfolio management offering a boost with the launch of Corporate Real Estate Solution, a global platform ensuring the swift management of property projects by coordinating counsel worldwide.

Practice head(s):

Vitaly Mozharowski

Other key lawyers:

Rustam Aliev; Yuri Chernobrivtsev; Dmitry Ilyin; Ekaterina Verle; Inna Firsova

Testimonials

‘Extremely flexible and available on very short notice. Straight to the point. Project-orientated.’

‘Reliability, flexibility and project orientated. I have been working with Vitaly Mozharowski for years now and I still appreciate our cooperation.’

‘I think that legal knowledge, analytical and communication skills in real estate and construction of BCLP is of very high level and quality. When preparing documents and conducting negotiations, the firm always correctly and accurately considers the wishes of the client, responds promptly and in a timely manner to inquiries.’

‘We can mention Rustam Aliev and Dmitry Ilyin. They are significant lawyers with both hard skills and soft skills at a very high level. They have wide knowledge of real estate law and we always engage them when we face complex issues.’

Key clients

Embassy of Canada

New Zealand Embassy

Podari Zhizn

Sheremetyevo International Airport

Accent Capital Partners

South Stream Transport B.V.

New Concession Company

ESN Group

Mistral Wine

Wainbridge Estates

Work highlights

  • Advised Tinkoff Bank on the biggest-ever office lease of 78,000 sq. m. in Moscow.
  • Assisted Outlet Novaya Riga with drafting and negotiating lease agreements with over 100 tenants of the Outlet Novaya Riga.
  • Assisted a joint venture of Vi Holding with the $1.5bn project for the development of Tushino Waterfront Mixed-Use Development in Moscow.

Dentons

The ‘brilliant’ team at Dentons handles the full gamut of real estate and construction matters, with a particular emphasis on domestic and cross-border M&A transactions involving high-value real estate assets, an area in which department head Sergey Trakhtenberg is a recognised leading practitioner. In addition, the firm fields a top construction practice with a strong reputation in green and brownfield projects; in a matter led by Florian Schneider, the group is assisting Raiffeisenbank with the first built-to-suit acquisition of an office building. Headed up by Karina Chichkanova, the St. Petersburg-based team demonstrates strength in retail sector construction work. Other sectors of principal focus for the national group include the hospitality, pharmaceuticals and fast-moving consumer goods industries. Senior associate Olga Elliott is also noted.

Practice head(s):

Sergey Trakhtenberg

Other key lawyers:

Florian Schneider; Karina Chichkanova; Roman Kozlov; Olga Elliott

Testimonials

‘Extremely strong diverse team dedicated to different types of real estate, construction transactions, knowing Russian market specifics and international practice. Their strong advice is always in time on a very professional level.’

‘We have worked with Dentons for many years already and have an excellent impression of their performance. The entire real estate team is a group of highly competent, goal-oriented and responsive professionals. Although many law firms in the market have real estate practices, Dentons is a true market leader and our number-one choice for any complex real estate M&A work, since we have full confidence in their capabilities and know that they will walk us through the process and take care of all legal issues to ensure the best possible outcome for our company.’

‘Our key contact at Dentons is Sergey Trakhtenberg. He is a genuine team leader who is available for us 24/7. We highly value his strategic advice and wealth of experience. He also has excellent management skills and coordinates the work of the entire team to ensure that things remain under control at all times.’

‘Sergey Trakhtenberg is a star! So reliable and wise (which is very important for us), so motivated! He is a counsel in the direct sense of this word who is always looking at a bigger picture and focusing on business matters and not just legal issues. He heads the team and he is always a step ahead of every issue. I am happy to work with him and of course, I always recommend him to my business partners and he always makes it enjoyable for all of us to work with him.’

‘Olga Elliott works 24/7. Also, she is a great professional, constructive and goal-oriented person. Last but not least – Olga has super keen attention to detail which is very important for a lawyer. No detail will be overlooked if I work with Olga.’

Key clients

Ultramar

Raiffeisenbank

Ikea / Ingka Group

Region Group

Sberbank Asset Management

Atrium European Real Estate

Raven

PPF Real Estate

UFG Real Estate

O1 Properties

Work highlights

  • Providing comprehensive support to Ultramar in relation to the construction of an industrial and logistics park in the Leningrad region.
  • Advising Raiffeisenbank on a highly complex built-to-suit acquisition of an office building.
  • Advising Ikea and Ingka Group on a project for Ikea involving the renovation of large shopping centres across eight Russian regions.

DLA Piper

DLA Piper handles a wide array of property transactions as well as the real estate aspects of larger M&A transactions. The group is active in the hospitality and leisure sectors – an area of specialism for legal director Pavel Elnikov. On the construction side, the team advises clients on EPC contracts and other types of contractual arrangements; English and German-qualified Steffen Kaufmann and senior associate Anna Sitas are both key contacts in the practice, which is led by Sergey Koltchin. In March 2021, the firm significantly strengthened its commercial property offering through the appointment of a team from Clifford Chance; the newly joined group includes Marc Bartholomy and common law-qualified legal director Nick Diakoumis.

Practice head(s):

Sergey Koltchin

Other key lawyers:

Steffen Kaufmann; Pavel Elnikov; Anna Sitas; Marc Bartholomy; Nick Diakoumis

Testimonials

‘When we choose a law firm / team of advisers, we expect them to be responsive to the needs of the client and business with consistently high standards, always meeting deadlines, and a creative approach so the solution we choose, taking into account their advice, is the most effective. These are the qualities we see in this team.’

Key clients

Jet Brains

Work highlights

  • Assisting Czech-Russian company JetBrains with legal matters relating to the development of its $100m research and development centre in St. Petersburg.

Clifford Chance

Clifford Chance has a 'deep understanding of the market' and unsurpassed experience of handling high-value property acquisitions and disposals. Clients praise the team's inbound investment expertise; its recent property investment work stands out in the retail sector, where it assisted Morgan Stanley Real Estate Fund with the $400m sale of a 49% share in the largest retail centre in St. Petersburg, Galeria Shopping Centre. Counsel Ella Omelchenko leads the construction group and focuses on infrastructure projects and contracts in the energy, oil and gas, and mining sectors. In March 2021, a team led by former department head Marc Bartholomy departed to DLA Piper.

Practice head(s):

Ella Omelchenko

Testimonials

‘The best real estate and construction team in the market.’

‘Ella Omelchenko is a star – my first point of contact for the real estate and construction matters. Expert with a very commercial approach, very hardworking.’

‘Strong sector experience and deep understanding of the market, including in relation to inbound investment.’

Key clients

Malltech

Landesbank Baden-Württemberg

Metrika Investments

Baikal Mining Company

Arctic LNG 2

Yandex

Norilsk Nickel

IHI plc

VTBC-Ashmore Real Estate Partners

Mumtalakat

Engeocom

Morgan Stanley

Novatek

Work highlights

  • Advised Morgan Stanley Real Estate Fund on the sale of a 49% share in Galeria Shopping Centre to Mubadala, a global investment company and sovereign wealth fund.
  • Advising Sberbank and VTB on providing Vi Holding with a high-value credit facility for the purpose of financing the construction of the Tushino Waterfront Mixed-Use Development.
  • Advising Engeocom KRK on the sale of the Atrium Shopping Centre, a shopping centre in Moscow.

Egorov Puginsky Afanasiev & Partners

Egorov Puginsky Afanasiev & Partners is recognised for its dispute resolution strength, which it utilises in disputes relating to the implementation and other stages of construction projects. The practice is also active on the transactional front, where it conducts due diligence and advises on construction contracts and structuring transactions. Elena Gavrilina heads up the national real estate group, while counsel Olga Mischenko leads the department in St. Petersburg. Counsel Anton Alekseev and senior associate Yuri Nadezhin are also noted.

Practice head(s):

Elena Gavrilina

Other key lawyers:

Olga Mischenko; Anton Alekseev; Yuri Nadezhin

Testimonials

‘A strong team that can solve complex issues, taking into account all possible risks and consequences. Recommendations for action are always accurate and timely, based on available jurisprudence.’

‘A team of professionals, responds promptly to requests by clients.’

Key clients

Professional Investments Management Company

Work highlights

  • Assisting Professional Investments Management Company with its sale of land and the implementation of a $25m residential property project in St. Petersburg.

Herbert Smith Freehills

The cross-practice group at Herbert Smith Freehills is adept at handling real estate transactions and the property-related aspects of larger M&A deals. Praised for ‘its unique experience in construction’ and ‘holistic approach’, the group is also a key name for energy sector clients seeking construction project advice; recently promoted of counsel Oxana Koerner is singled out. The department is spearheaded by managing partner and corporate specialist Alexei Roudiak and ‘pragmatic lawyerDanila Logofet, who splits his time between Moscow and Hong Kong. Artjom Buligin is an expert in property finance issues, and senior associate Sergey Kolobov is a key contact for commercial property work.

Practice head(s):

Alexei Roudiak; Danila Logofet

Other key lawyers:

Artjom Buligin; Sergey Kolobov; Oxana Koerner

Testimonials

‘For us, the main attraction of HSF’s team is its unique experience in construction and technology licensing. For a number of years now, we have been seeing the team in the market working on major industrial developments in Russia and internationally. One standout feature which really sets HSF apart is their holistic approach.’

‘Our key contact at HSF is a partner Danila Logofet, who is a pragmatic lawyer, easy to deal with, and very client-oriented manager. We also work closely with of counsel Oxana Koerner, who has helped us conduct main negotiations and deliver contracts on time and within budget.’

Key clients

Enel Russia

Groupe Atlantic

Onexim Group

LLC Betskoy

Gazprom Pererabotka Blagoveshchensk LLC

Ixcellerate

LLC RusChemAlliance

Lukoil

VTB Bank

VEB.RF

Amur Gas Chemical Complex

Work highlights

  • Advised RusChemAlliance on the construction of a large-scale integrated complex, Baltic LNG, for processing ethane-containing gas and LNG production.
  • Advised Gazprom Pererabotka Blagoveshchensk LLC on the construction, procurement and financing of a gas processing plant in the Amur region.
  • Advised Enel Russia on the sale of Reftinskaya Gres, the largest thermal power station in Russia.

Norton Rose Fulbright

Norton Rose Fulbright has carved out a reputation for its construction work in the infrastructure, energy, and oil and gas sectors. The team has extensive experience handling EPC contracts; Russian and Italian-qualified senior associate Anastasia Kastelskaya stands out in this respect. Town planning, commercial property issues and property transactions are also mainstays of the practice. Senior partner Valentina Gluhovskaya heads up the department and is highly regarded as a member of the Urban Development Expert Group, established by the Russian government. Senior associate Natalia Petrovskaya focuses on issues involving land legislation.

Practice head(s):

Valentina Gluhovskaya

Other key lawyers:

Anastasia Kastelskaya; Natalia Petrovskaya

Testimonials

‘Partner Valentina Glukhovskaya and senior lawyers Anastasia Kastelskaya and Natalia Petrovskaya make up a team that is capable of meeting all needs of a business client.’

Key clients

Togliattiazot

Gazprom Neft

Atomstroyexport

JSC ASE EC

Rusatom Service

Rusatom Overseas

Pepeliaev Group

Jointly led by Natalia Stenina and Alexey Konevsky, Pepeliaev Group’s real estate and construction practice is a key adviser for high-value domestic real estate transactions, due diligence projects and contractual arrangements. The department often acts alongside the firm's corporate and tax groups on transactional work, particularly in the energy and retail sectors. Praised for its ‘accuracy in details’ and ‘ability to work under tight deadlines’, the team also has significant experience advising on land law issues and construction projects.

Practice head(s):

Natalia Stenina; Alexey Konevsky

Other key lawyers:

Vladislav Ivanov

Testimonials

‘We are very impressed by the fact that the team, with equal attention and thoroughness, works through both rather routine and complex and contradictory issues of project implementation. We appreciate the commitment that the team showed at every stage of the project. Sometimes it is difficult for consultants to focus on long-term projects, as this requires a wide variety of skills and approaches to emerging issues. But for Pepeliaev Group, this was definitely not a problem.’

‘Natalia Stenina, our key contact, has a high level of professional knowledge, as well as the ability to quickly acquire new skills as required by the project. She showed herself very well in a number of difficult and contradictory situations and managed to coordinate the work in such a way that the lawyers from her team also adhered to this line.’

‘High professionalism, accuracy in details, client focus, high level of responsibility, ability to work under tight deadlines and multitask.’

‘We work exclusively with class A office real estate and are convinced that activities in this area should be based on two main principles – a clear corporate governance structure and adherence to transparent practices in daily work. We try to strictly follow these principles and expect external consultants not only to apply this approach when preparing legal advice and opinions on our requests, but also to use similar principles in our activities. We consider cooperation with the real estate and construction practice of Pepeliaev Group very comfortable, both in terms of the level of professional training of experts, and in terms of the general principles of building work processes.’

‘Our projects at Pepeliaev Group are managed by Natalia Stenina. In cases where support is provided to us directly by her, we receive highly professional advice on a wide range of issues that are fully consistent with both our needs and existing legislation. If Natalia acts as the head of a team of lawyers of different specialisations, we are always confident in the optimal selection of team members and clear coordination of their work.’

Key clients

Agroholding Taman

Atrium European Real Estate

Gazprom Zakupki PJSC

Harry’s CIS LLC / Barilla Group

Mercedes Benz Rus

Moet Hennessy Distribution Rus LLC

Rosshelf CJSC

Salym Petroleum Development N.V.

Socar Energoresource LLC

Tatneft

Weichai Holding Group

Zaha Hadid Architects

Zarubezhneft JSC

Work highlights

  • Assisted a Russian high-net-worth individual and land owner with the real estate aspects of the establishment of a joint venture between the client and large residential developer Samolet Group.
  • Acting for Barilla Group on multiple legal aspects of its investment and acquisition of construction sites.
  • Assisted Zaha Hadid Architects with various aspects regarding the performance of a design agreement concluded between the client and Sberbank Development for the design of a technology centre in Skolkovo.

White & Case LLC

White & Case LLC houses a dedicated real estate group that specialises in high-end construction projects and the related disputes, acting for clients including EPC contractor Nipigas; Nikolay Feoktistov regularly takes the lead on mandates in this space. Real estate transactions are another mainstay of the practice; its recent commercial property financing work for financial institutions and large domestic companies particularly stands out. Notably, the team is well-equipped to handle both Russian and English law issues; M&A expert Eric Michailov and Jonathan Langley hold English law qualifications, and share leadership of the department with counsel Daria Plotnikova.

Practice head(s):

Eric Michailov; Jonathan Langley; Daria Plotnikova

Other key lawyers:

Nikolay Feoktistov

Testimonials

‘The team is 100% client-oriented; bringing results for the client is most important to them.’

Key clients

Nipigas

Sace

Unicredit

ING

Vi Holding

Dom.RF

Capital Partners

Dekhkanabad Potash Plant

The Republic of Belarus

Belgorkhimprom

Work highlights

  • Advised Nipigas as EPC contractor on matters relating to the construction of a gas processing plant and technological utilities, infrastructure and offsites in the area of Ust-Luga.
  • Advised Unicredit, ING and Sace on a €200m project financing transaction for the construction of Volgafert urea plant in Togliatti.
  • Advised Vi Holding on matters relating to financing from a syndicate of Russian banks for the purposes of constructing a business park, commercial facilities, residential properties and social infrastructure in Moscow.

ALRUD Law Firm

ALRUD Law Firm handles property transactions for a mix of domestic and international clients in the retail, logistics, infrastructure and financial sectors. The team also has a strong track record advising on development projects in the residential and commercial property space. Andrey Zharskiy leads the practice, and is regularly assisted by senior associate Stanislav Veselov and associate Aleksey Kalinkin.

Practice head(s):

Andrey Zharskiy

Other key lawyers:

Stanislav Veselov; Aleksey Kalinkin

Testimonials

‘Strong professional team. Strictly defending the interests of the client, even during the most difficult negotiations and discussions.’

Key clients

National Logistic Technologies

X5 Retail Group

Vi Holding

Goldman Sachs

Auchan

VTB Capital

Louis Dreyfus Company

Lamoda

Samvardhana Motherson Reydel Companies

Hugo Boss

Avica

A3 Retail Group

Gazprombank

Coal Company “Sibirskaya”

Work highlights

  • Advising NLT on its acquisition of multiple land plots in various Russian regions for the construction of logistics terminals.
  • Advising VTB Capital on the high-value purchase of Novorossiysk Grain Terminal.
  • Advising Louis Dreyfus Company on its joint venture project for the construction of a grain terminal in Taman port.

BEITEN BURKHARDT

Real estate sector work is among BEITEN BURKHARDT’s areas of traditional focus, with the ‘client-oriented’ team increasingly acting for both lessors and lessees on lease-related issues. Brownfield and greenfield industrial projects, as well as real estate transactions, are also mainstays of the practice. Falk Tischendorf and Kamil Karibov jointly lead the department.

Practice head(s):

Falk Tischendorf; Kamil Karibov

Testimonials

‘High professionalism in their field and advanced negotiation skills.’

CMS

CMS maintains a focus on cross-border M&A and joint venture property transactions. The team is increasingly being instructed on residential property development matters, and also benefits from the firm’s established reputation in the hotel and leisure sector, counting Corinthia Hotels among its clients. Recently promoted partner Artashes Oganov leads the practice. Senior associate Dmitry Bogdanov is also noted.

Practice head(s):

Artashes Oganov

Other key lawyers:

Dmitry Bogdanov; Jean-François Marquaire

Key clients

Orpea

Aareal Bank

UniCredit Group

Russian Direct Investment Fund

Sberbank of Russia

Morgan Stanley

PayPal

Non-state Pension Fund Blagosostoyanie

Hermes

Etam

Longchamp

Yves Salomon

Uralchimplast-Huettenes Albertus

Gilead Sciences

Honeywell

Work highlights

  • Advised Orpea on the construction of a rehabilitation centre in the Moscow International Medical Cluster.
  • Advised Coalco on the sale of a residential development site in Moscow to Pik Group.
  • Advised a subsidiary of Absolut Bank on the sale of the development project MainStreet in Moscow to Osnova Group.

Kachkin & Partners

Based in St. Petersburg and active across the north-western regions of Russia, Kachkin & Partners excels in real estate transactions and regulatory matters in the construction industry. The team regularly acts alongside other departments on tax, IP and contentious issues for real estate clients. Practice head Dmitry Nekrestyanov, who clients praise as ‘a highly qualified specialist in the field of urban planning and land legislation’, has expertise in planning and zoning mandates.

Practice head(s):

Dmitry Nekrestyanov

Testimonials

‘We are actively developing in three regions (Moscow, St. Petersburg and Arkhangelsk), each region has fundamentally different approaches to the regulation of development, and Kachkin and Partners advise us equally professionally in all regions. They are renowned experts and their advice is always professional and helpful.’

‘Dmitry Nekrestyanov is always in touch, able to quickly switch between projects and understand the problem. Fast response to inquiries and always high-quality advice.’

‘Dmitry Nekrestyanov is a highly qualified specialist in the field of urban planning and land legislation. In addition to deep legal knowledge, he is distinguished by his immersion in political issues.’

‘The real estate team of Kachkin & Partners led by Dmitry Nekrestyanov is known in the market for its unique experience in our industry, the highest quality of services, professionalism and sincere interest in the work they do.’

Key clients

RosStrojInvest

Baltic Commerce

Seven Suns Development

Akvilon Invest

Bau City

Teorema

Lemminkäinen

Geralda

Mamoshin’s Architectural Workshop

Step

Work highlights

  • Advising construction company RosStrojInvest on issues relating to gaining the status of developer and launching sales in Russia.
  • Assisted Baltic Commerce with a transaction involving the acquisition of land plots to implement a €16m housing project.
  • Assisted leading Russian construction company Seven Suns Development, with its acquisition of construction rights through the purchase of a separate company, as well as with the performance of due diligence and structuring of the €8m deal.

KIAP (Korelskiy, Ischuk, Astafiev and Partners, Attorneys at Law

KIAP (Korelskiy, Ischuk, Astafiev and Partners, Attorneys at Law is ‘reliable, result-focused and totally dedicated to the client’s aims’. Reflective of practice head Sergey Popov’s expertise, the team is well-versed in representing large domestic and foreign clients in property disputes. It is increasingly advising international retail companies on lease agreements and other contractual arrangements relating to the Covid-19 pandemic; recently promoted senior associate Julia Usacheva is the key contact.

Practice head(s):

Sergey Popov

Other key lawyers:

Julia Usacheva

Testimonials

‘The team is reliable, result-focused and totally dedicated to the client.’

‘A very strong, experienced practice leader.’

‘Great representation in court, an ability to confidently defend the client’s position.’

‘Sergey Popov demonstrates excellent knowledge of substantive and procedural law, has extensive experience in effective legal proceedings, knows effective practical ways of solving judicial problems.’

Key clients

Decathlon

Inditex

JSC Sharapovo

M.video

Gucci

Diageo

Ce

Work highlights

  • Assisted M.video with rent issues caused by the Covid-19 pandemic.
  • Assisted Decathlon with contentious contract termination issues.
  • Assisted Sharapovo with contentious matters concerning its property rights to multiple land plots.

VEGAS LEX

At VEGAS LEX, clients receive a wide range of property investment and construction advice, including on due diligence projects, multiple types of agreements, land law issues and urban planning work, and the related disputes at all stages. The national real estate group is led out of Moscow by Igor Chumachenko, and also has significant presence in Krasnodar, where Maxim Grigoryev is the key figure. Senior associate Ekaterina Ivanushkina and Marina Preobrazhenskaya are also noted.

Practice head(s):

Igor Chumachenko

Other key lawyers:

Maxim Grigoryev; Marina Preobrazhenskaya; Ekaterina Ivanushkina

Key clients

PromCapital

Deloports

Higher School of Economics

TechPromAlliance

Auchan

Crocus Group

Claas KGaA mbH

Development Corporation of Kamchatka

The Bank of Moscow

The Moscow Transport Hub Directorate

Catalina Park

Gazpromneft-Centre LLC

Aforra Development

Work highlights

  • Assisted United Metallurgical Company with carrying out due diligence relating to over 200 real estate objects owned by a large machine-building group.
  • Acted for OBL Pharm in two disputes arising out of a contract for the construction of a large pharmaceuticals plant in Moscow region.
  • Assisted Tashir Group with its acquisition of a company involved in the construction of a large entertainment facility.

Borenius

St. Petersburg-based Borenius focuses on industrial and residential construction project work across the country, with notable strength in handling contractual arrangements and disputes in the hospitality sector. Recently promoted specialist partner Arina Dovzhenko leads the department, which, in early 2020, bolstered its property transactions offering with the arrival of associate Zara Russkikh from Capital Legal Services.

Practice head(s):

Arina Dovzhenko

Other key lawyers:

Zara Russkikh

Key clients

Rive Gauche

Heineken

Tikkurila

Fiskars

Sandvik

Work highlights

  • Assisted Sandvik Machining Solutions, the owner of a manufacturing facility located on state-owned land plots, with contractual matters relating to a construction project.

Capital Legal Services

Capital Legal Services’ team ‘aims to create a viable solution which best suits a client's interests’, exceling in contractual arrangements and due diligence projects in the construction space. Elena Stepanova and founding partner Vladislav Zabrodin jointly lead the practice. Following the departure of Alexander Rumyantsev to an in-house position, principal associate Denis Osipchuk arrived from KPMG in Russia and the CIS in early 2020.

Practice head(s):

Elena Stepanova; Vladislav Zabrodin

Other key lawyers:

Denis Osipchuk; Daria Sonina; Olga Sofinskaya

Testimonials

‘Capital Legal Services’ lawyers are familiar with both international and local intricacies of the market. They navigate a client well and aim to create a viable solution which best suits a client’s interest.’

‘I have worked with Elena Stepanova, who is a professional, responsive, client-oriented person.’

‘Speed of processing requests; observing deadlines; deep knowledge of the subject (real estate and construction); flexibility; loyalty.’

‘Elena Stepanova personally participates in the handling of each request and each project; remembers all details and at any time can recall the main circumstances of each past project. She is able to answer questions without the need for lengthy question analysis.’

‘Focus on commercial results.’

Key clients

Leroy Merlin

Regus

ZTI

ADG Group

Next Plc

TVK Aviapark

Imagim Real Estate Development

Iron Mountain

Magnit

Work highlights

  • Providing comprehensive legal support to Leroy Merlin, a large DIY retailer, during its large-scale expansion in Russia.
  • Advising Regus plc, a global company specialising in providing and maintaining office space, on all aspects of its business in Russia.
  • Advised Iron Mountain, an industry leader in storage and information management services, on the acquisition of shares in OSG from CIS-focused private equity fund Elbrus Capital.

Debevoise & Plimpton LLP

Debevoise & Plimpton LLP is noted for its strength in high-value real estate transactions, a space in which it counts Sberbank of Russia among its longstanding clients. Additional areas of expertise include due diligence work, advice on contractual arrangements, and land law matters. Alyona Kucher heads up the practice.

Practice head(s):

Alyona Kucher

Other key lawyers:

Vadim Kolomnikov; Roman Sadovsky

Testimonials

‘Strong specialists who operate as a close-knit team focused on results.’

‘Alyona Kucher has a comprehensive understanding of the market, the economy of our industry, and the legal issues that affect us. She has extensive experience managing a wide variety of transactions.’

Key clients

Sberbank of Russia

Norilsk Nickel

PPF Real Estate

Metalloinvest

Private investors

Arena Star Group

Work highlights

  • Advised Sberbank of Russia, the largest bank in Central and Eastern Europe, on the acquisition of mix-used multifunctional administrative and office buildings near the Moscow International Business Center and related land rights.
  • Advising Sberbank of Russia on its potential sale of a multi-functional business centre in Moscow.
  • Advised Sberbank of Russia on the project for the construction of a technology park in Skolkovo Innovation Hub.

Dechert Russia LLC

Dechert Russia LLC has extensive experience in M&A and finance transactions in the real estate space. It is very active in the mining sector; it provides land law and construction advice to Kinross in relation to its mining activities. The team regularly draws on the firm’s global capabilities and works closely with London-based colleagues; practice head Laura Brank splits her time between Moscow and London.

Practice head(s):

Laura Brank

Key clients

Hyatt

Kinross

Enka

Goldbar

Work highlights

  • Successfully negotiated a new long-term lease agreement for office space for VMWare.

Ivanyan and Partners

The ‘highly competent and qualified’ cross-practice team at Ivanyan and Partners focuses on property investment transactions and the related contentious issues. It also has significant expertise in infrastructure development and industrial construction projects. Alexey Kozyakov and counsel Aleksandr Milosavlevich lead the practice, where Sergei Kushnarenko and recently promoted counsel Vasily Papkin are also noted.

Practice head(s):

Alexey Kozyakov; Aleksandr Milosavlevich

Other key lawyers:

Sergei Kushnarenko; Vasily Papkin

Testimonials

‘Highly competent and qualified team.’

‘The team focuses on achieving results, not just the process. I think that says it all. Partner Alexey Kozkov is an excellent leader, specialist, negotiator.’

Key clients

Gorka LLC

Cryogenmash

Gazprombank

VEB.RF

Rockwell Capital

Work highlights

  • Advised Rockwell Capital on a $2.1bn project for setting up a joint holding with VEB.RF to construct a pulp-and-paper mill in Siberia.
  • Advised Gorka LLC on a project for the construction of four cultural clusters in regions of Russia as a part of $1.7bn cultural programme.

King & Spalding LLP

King & Spalding LLP’s cross-practice team brings together the expertise of tax, real estate, finance and corporate specialists. The department draws on the firm’s global capabilities in assisting the Russia-based subsidiaries of multinational companies with property transactions. Clients recommend practice head Olga Kozyr for her land law expertise. Corporate specialist Alla Naglis and counsel Iliya Zotkin are also names to note.

Practice head(s):

Olga Kozyr

Other key lawyers:

Alla Naglis; Iliya Zotkin

Testimonials

‘For a long time I’ve been working with Olga Kozyr. Always attentive to details and meticulous in the implementation of projects.’

‘I recommend Olga Kozyr. It is very rare that you meet an attorney who is so knowledgeable, so attentive to all details, so prompt in responding to client’s requests – literally on a 24/7 basis. You know that you are safe when Mrs. Kozyr prepares and negotiates any contract on your behalf. To make a long story short – you cannot ask for a better attorney to represent you!’

‘The team in Russia is small, but it allows you to benefit from their deep theoretical and practical knowledge of the relevant areas of Russian law.’

‘Olga Kozyr is one of the leading specialists in land law. Alla Naglis is an excellent specialist in structuring M&A transactions, complicated by a foreign element, under English law.’

Key clients

Mirland Development Corp., Plc.

Petra 8 LLC

Investitsionnno-Ipotechnaya Kompaniya, LLC

AMG International, Inc.

Global I LLC

MAG JSC

LLC AMG

Gazprombank Invest LLC

LLC Ekstruzionnye Tekhnologii

Roper LLC

Autoprioritet LLC

Work highlights

  • Assisted a Russia-based real estate and industrial group with structuring a $100m real estate sale transaction.  
  • Advised Roper LLC on the termination of a lease agreement and the return of a security deposit.
  • Assisted AMG International with issues relating to a development project at industrial park Kotovo.

Linklaters

Linklaters' core area of expertise lies in property transactions. Department head Lev Loukhton is the key contact.

Practice head(s):

Lev Loukhton

Sirota & Partners

Sirota & Partners provides a wide range of advice relating to all stages of construction projects, including due diligence and land law rights advice, permitting matters, contractual arrangements, and the related disputes. Name partner Artem Sirota sits at the helm of the practice and has additional experience in property transactions.

Practice head(s):

Artem Sirota

Testimonials

‘The team is focused on solving clients’ tasks and bringing them to the final point; the team is always in touch, efficient.’

‘Artem Sirota – we have been cooperating for many years, the work is always done professionally and on time.’

Key clients

Redpath Deilmann GmbH

Zorlu Holding A.S.

Nabors Drilling International

RosEuroCity

ASAP Consulting LLC

Work highlights

  • Advised Redpath Deilmann GmbH on a construction contract relating to a shaft sinking project with PJSC Uralkali.
  • Assisted Zorlu Holding AS with the registration of the ownership title to an already completed power plant in Moscow.
  • Acting for Nabors Drilling International in a construction dispute.

YUST Law Firm

YUST Law Firm is adept at handling regulatory issues, including advice regarding land and urban planning legislation. The team's recent work demonstrates its increasing involvement in infrastructure and construction projects in the St. Petersburg and Krasnodar regions. Anna Kotova-Smolenskaya, Alexander Bolomatov and Tatyana Starikova jointly lead the practice, where recently promoted partner Roman Cherlenyak is also a key figure.

Practice head(s):

Anna Kotova-Smolenskaya; Alexander Bolomatov; Tatyana Starikova

Other key lawyers:

Roman Cherlenyak

Key clients

Roscosmos State Corporation

Gazprom Sotsinvest LLC

Sibur Holding PJSC

Pushkin State Museum of Fine Arts

Russian Public and State Sport Association Dynamo

VEB. RF

DOM.RF JSC

Invasta Capital LLC

X5 Retail Group

Interros

Work highlights

  • Acting for X5 Retail Group on property transactions aimed at the expansion of the client’s store network in multiple Russian regions.
  • Advising Russian Public and State Sport Society Dynamo on a large property development project.
  • Assisting Netkanika LLC with general property-related issues.