Kachkin & Partners has advised Sirin Development on the sale of the Nordway logistics complex near St. Petersburg to investment development company Central Properties.
According to Kachkin & Partners, Sirin Development is "one of the largest owners of storage facilities in Russia, Latvia, and Lithuania." According to the firm, "the A Class warehouse complex currently operates and covers an area of 107 thousand square meters; the sale transaction amounted to more than RUB 4.5 billion, which made it the biggest ... on the St. Petersburg warehouse real estate market in 2021.”
The Kachkin & Partners team was led by Partner Dmitry Nekrestyanov.