Key takeaways

• This client update provides an overview of the most significant developments of 2017 in the Russian real estate, construction and infrastructure sectors.
• Important draft laws change the definition of immovable property; establish regulations for apartments turnover; reform the area of unauthorized construction; and provide for experiment with the use of blockchain technology in real property turnover.
• Courts have issued key decisions affecting subleases of property and the right of a seller to terminate a sale and purchase agreement where title has been transferred to the buyer.