Top Five Legal Developments in the Russian Real Estate Market in the First Half of 2017

5 September 2017
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Key takeaways

  • This client update provides a brief overview of the most significant Russian legal and regulatory developments affecting the real estate, construction and infrastructure sectors in the first half of 2017.
  • Among the legislative developments covered are reform of self-regulation in the construction sector, prohibition on offshore companies acquiring state-owned and municipal real estate, new rules for aerodrome environs and reinstatement of notarization of real estate transactions.
  • The update also covers significant judicial developments, including cases addressing the possibility of terminating a lease due to economic sanctions, the right to recovery of payment for the use of property under a lease, and compensation of investor expenses incurred in a PPP project.