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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

Russia
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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.

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