Transactions with and management of real estate

Real estate transactions must be concluded in strict compliance with the law. Such transactions have specific features, therefore it is important to pay close attention to all details and nuances.

Where property unit’s or counterparty’s ‘cleanliness’ has not been thoroughly checked or the agreement contains any inaccuracies, there is a risk that such a transaction might be later declared void, or additional/unplanned expenses/losses might arise.
 
The main goal of property management is to earn maximum income from using the asset, manage its value and increase investment appeal. To attain these goals, one must create a gainful contract structure.

REVERA’s team is ready to render legal assistance in the following matters: 
 

  • legal due diligence for a property unit; 
  • check of counterparty;
  • analysis of transaction’s tax considerations;
  • structuring the transaction;
  • preparing and monitoring execution and performance of alienation agreements;
  • preparing all required documents;
  • participation in negotiations at each stage;
  • formalisation in state authorities.
     

Experts in the field

Aleksandr Shtrikul

Aleksandr Shtrikul

Leading associate

 Aliaksandr Antonau

Aliaksandr Antonau

Senior Associate, Head of Real Estate and Infrastructure Projects Sub Practice

Projects

JYSK's expantion in Belarus

Legal support of a Danish transnational corporation in a project to enter the Belarusian market with the aim of opening 30 stores under the JYSK brand.

Project case

Acquisition of a business centre

Comprehensive support for the acquisition of a business centre in Minsk. We provided ‘turnkey’ legal assistance: prepared a due deligence report, obtained consent of the anti-monopoly regulator, monitored negotiations, contracting and eviction of tenants.

15 floors for an IT company

Support for conclusion of a lease agreement for over 10,000 sq.m. of office areas in Minsk for a world-famous IT company.

Construction project for a major shopping mall in Minsk

Legal support of the construction of a major shopping mall in Minsk (MEGA) on a 9.5 ha land plot. Also, REVERA provides support to this Client in its relations with counterparties and with respect to an investment agreement concluded with the Republic of Belarus.

Reconstruction project for an architectural monument "Communal kitchen" in Minsk

Legal support of the reconstruction of an historical building in Minsk centre. Project costs exceed 20,000,000 USD. We provided comprehensive support to the investor in its relations with contractors, state authorities and prospective tenants. We monitored all procedures, from the decision-making stage to obtainment of permits/authorisations, preparation of design contract and general contractor contract, contracting with anchor tenant, etc.

Acquiring warehouses for 21vek.by

Comprehensive support for the conclusion and performance of a range of transactions for the purpose of acquisition of title to logistical units with a total floor area of over 30,000 sq.m. on behalf of a major Belarusian Internet retail operator. It was the biggest transaction in the warehousing property sector in 2019 in Belarus.

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