ALEXANDROV&PARTNERS Advise on Over USD1,500,000 Transaction Related to Acquisition of Land Plots by One of the Largest Developers in the Region for Construction of Residential Complex - ALEXANDROV&PARTNERS
ALEXANDROV&PARTNERS Advise on Over USD1,500,000 Transaction Related to Acquisition of Land Plots by One of the Largest Developers in the Region for Construction of Residential Complex

ALEXANDROV&PARTNERS lawyers were instructed by the Client to develop a structure for transaction related to acquisition of a number of land plots owned by legal entities and individuals with total area of more than 3 ha by one of the largest developers in the region for construction of residential complex.

Taking into account special relations between the purchaser and sellers, and the need to combine land plots with their subsequent transfer under superficies agreements to a person other than the buyer, the transaction structure contained more than 50 various agreements. Thus, in addition to the sales agreements, our lawyers envisaged signing of a number of agreements, which ensured performance of obligations, and supporting documents that provided the parties with mutual guarantees that obligations will be fulfilled.

Thanks to the use of the abovementioned transaction structure and legal support provided by ALEXANDROV&PARTNERS lawyers, the said project was successfully completed.  Not only the Client, but also all parties to the transaction were satisfied with successful completion of the project, and the region got a reliable investor in the form of developer whose business will have a positive impact on development of infrastructure.

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