Aleinikov & Partners is advising the Falcon Investment Fund of Qatar Armed Forces on a range of issues related to the construction of a multi-purpose hotel and sports complex in Minsk worth approximately USD 200 million.
The project, which is being implemented on the basis of an investment agreement signed between the Falcon Investment Fund and the State of Belarus, as reflected in the country's Presidential Edict No. 345 of August 9, 2011, covers the construction of a multi-purpose complex in Minsk, including a five-star Marriott hotel, a sports center able to host competitions in various sports such as handball, basketball, wrestling, volleyball, and tennis as well as large-scale cultural events, shops and cafes, two swimming pools, a spa center, a tennis club, a squash playground, and a multi-level parking lot with 300 places.
Most of the facilities opened in December 2015, with the cinema still pending.
The Aleinikov & Partners team included Partner Dmitry Matveyev and Senior Associate Ksana Sidoruk.