Real Estate

Real estate is one of REVERA’s key specializations. We have supported major real estate transactions and are well aware of all the intricacies of each stage.

REVERA is a leader in construction and real estate in Belarus according to IFLR1000 and Legal 500.

REVERA’s lawyers advise foreign and Belarusian companies on all real estate matters. We are ready to assist your business in the following business areas:

  • Supporting any transaction involving real estate: acquisition/alienation, leasing, loaning, participatory construction, trust management.
  • State registration of rights/interests in real estate and associated transactions.
  • Due diligence of real estate units.
  • Structuring and implementation of project financing in the real estate sphere.
  • Analysis of taxation matters concerning any real estate transactions.
  • Protection of rights to real estate and/or land, resolution of disputes involving real estate.

        
        
    

Projects

JYSK’s expantion in Belarus
Legal support of a Danish transnational corporation in a project to enter the Belarusian market with the aim of opening 30 stores under the JYSK brand.
Transfer of the plant into mortgage
Advising on a transaction in which the bank loan for the expansion of the company's facilities was secured by the immovable property of the company. The equivalent amount of the loan exceeded 20 million EUR.
Purchase of the factory within three days
Comprehensive assistance to a foreign investor in the purchase of a building materials factory in Belarus. In 72 hours following the request, the client already had a Belarusian legal entity, an approved loan from a bank, a detailed action plan for doing business in Belarus and a full-fledged operating company.
Settlement of a construction dispute at the pre-trial stage for a customer from the IT sector
REVERA helped to reach peaceful settlement of disagreements between the contractor, who, based on the oral instructions of the customer, exceeded the contractual scope of repair works by more than twice, and the customer, who, due to the absence of professional specialists, could not evaluate competently the scope of works performed, their quality and cost, and therefore refused to accept and pay for them.
Acquisition of a business centre
Comprehensive support for the acquisition of a business centre in Minsk. We provided ‘turnkey’ legal assistance: prepared a due deligence report, obtained consent of the anti-monopoly regulator, monitored negotiations, contracting and eviction of tenants.
15 floors for an IT company
Support for conclusion of a lease agreement for over 10,000 sq.m. of office areas in Minsk for a world-famous IT company.
Construction project for a major shopping mall in Minsk
Legal support of the construction of a major shopping mall in Minsk (MEGA) on a 9.5 ha land plot. Also, REVERA provides support to this Client in its relations with counterparties and with respect to an investment agreement concluded with the Republic of Belarus.
Reconstruction project for an architectural monument “Communal kitchen” in Minsk
Legal support of the reconstruction of an historical building in Minsk centre. Project costs exceed 20,000,000 USD. We provided comprehensive support to the investor in its relations with contractors, state authorities and prospective tenants. We monitored all procedures, from the decision-making stage to obtainment of permits/authorisations, preparation of design contract and general contractor contract, contracting with anchor tenant, etc.
Acquiring warehouses for 21vek.by
Comprehensive support for the conclusion and performance of a range of transactions for the purpose of acquisition of title to logistical units with a total floor area of over 30,000 sq.m. on behalf of a major Belarusian Internet retail operator. It was the biggest transaction in the warehousing property sector in 2019 in Belarus.
Acquiring warehouses for ParfumBytKhim
A major distributor of cosmetic and household goods managing a network of 500+ retail stores. Our associates helped the client to conclude a significant deal involving the purchase of a warehousing facility with an area of 24,000 sq.m. This project is among Top-3 in the rating of warehousing property.
Production site for PharmTechnologii
REVERA provided all-round support for a major pharmaceutical manufacturer, including several stages of consultation on choosing a site for a large pharmaceutical factory, with concurrent legal due diligence of several real estate units in Belarus.
European Bank for Reconstruction and Development
Advising on delivery and performance of a real estate mortgage agreement by a major borrower (a retail chain).
A major Belarusian fashion retailer
Representation of a major Belarusian fashion retailer in a dispute with lessor seeking to recognise an unenforceable notary’s execution order.
A major chain of restaurants
Representation of a major chain of restaurants in a major economic case. We succeeded in levying deposit money under a lease contract. The deposit money was acknowledged to be unjust enrichment due to expiry of principal contract.
August-Bel
Comprehensive legal examination of options of selling dwelling units to client’s company’s employees.
Embassy of Czech Republic
Analysis of a building lease agreement for the purpose of accommodating the head of Czech diplomatic mission.
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Publications

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