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Dentons Advises Raffeisenbank on First Built-to-Suit Deal in Russian Office Market

Dentons Advises Raffeisenbank on First Built-to-Suit Deal in Russian Office Market

Russia
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Dentons has advised Raiffeisenbank on its agreement with the Etalon Group regarding the construction of an office center at the Nagatino I-Land business park in Moscow.

The transaction, which involves the construction of a 16-story office building with a total area of 34,000 square meters, is structured as a built-to-suit deal. According to Dentons, "it is expected that the project will take around three years to implement, during which time the Etalon Group has committed to form the land plot, obtain the building permits, and procure the design and construction of the office center with all necessary utilities and adjacent infrastructure. The building will be subject to high-tech requirements to ensure that it confirms to international standards."

The Dentons team was led by Partner Florian Schneider and Counsel Olga Popel and included, among others, Senior Associate Konstantin Nazarov and Associates Olga Utkina, Vitaly Nazimov, Tatiana Shadrina, and Anna Nekhodtseva.

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