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BCLP Advises Globus on Property Acquisition in Moscow for New Hypermarket

BCLP Advises Globus on Property Acquisition in Moscow for New Hypermarket

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Bryan Cave Leighton Paisner has advised the Globus chain of hypermarkets on the acquisition of property and real estate assets of Logorprom Medvedkovo in the north-east part of Moscow to build a new hypermarket.

The area located in the Medvedkovo district is around 50,000 square meters. The transaction value is over RUB 2 billion.  

Established in 1828, Globus is an international chain of hypermarkets with operations in Germany, the Czech Republic, and Russia. The company entered the Russian market in 2006 and as of November 2018 it has 14 hypermarkets across the country.

The BCLP team consisted of Partners Vitaly Mozharowski and Anton Sitnikov, Associate Directors Vera Gorbacheva and Maksim Popov, Counsels Dmitry Ilyin and Ekaterina Verle, Lawyer Vikotriya Malashenkova, and Associate Anastasia Kudryashova.

BCLP did not reply to our inquires about the deal.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated office in Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru

 

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