Most changes in Russian commercial real estate law in 2020 were associated with the COVID-19 pandemic and the governmental bans and restrictions introduced in connection with it.
Sorainen has advised Data Delivery LLC, the Belarusian developer of a platform for managing the online status and business reputation of RocketData.io, in connection with share acquisitions and further investment in the company by mapping service 2GIS, which is part of the Sber group. DLA Piper Moscow and Aleinikov & Partners in Minsk advised 2GIS on the deal.
Norton Rose Fulbright and Asters have advised a syndicate of banks on its provision of a PLN 1.5 billon loan to Polish, Russian, Romanian, Ukrainian, and German members of the Cersanit Group. Romania's Ionescu si Sava reportedly also advised the syndicate. Clifford Chance advised Cersanit on the deal.
Dentons has acted as English, Russian and US federal securities law counsel to Domodedovo Airport Group on its Rule 144A/Regulation S issuance of USD 453 million 5.35 percent loan participation notes due 2028; the consent solicitation and tender offer in relation to its loan participation notes maturing in 2021; and the capped tender offer with respect to its loan participation notes maturing in 2023.
DLA Piper has advised KazanExpress on an acquisition of a 30% stake in the company from AliExpress Russia — a joint venture between China’s Alibaba Group and Russia’s MegaFon, Mail.ru Group, and Russian Direct Investment Fund. Alrud advised AliExpress Russia on the deal. Financial terms were not disclosed.