Investment in Commercial Real Estate – FBK Legal Partner Participates in RBC Conference
FBK Legal Partner Alexander Ermolenko has talked at the conference titled “Revolutionary Investments in Commercial Real Estate” held by RBC.
Leading Russian lawyers, public sector and business representatives have discussed disposal of non-core assets by state corporations and trends of the commercial real estate market.
FBK Legal Partner Alexander Ermolenko has noted that many state-owned companies are selling their non-core assets, therefore, it is important to work on legal aspects of quasi-public property sales.
“It is not uncommon that non-core assets offered for sale by state-owned companies are not duly prepared from a legal perspective. In the future this may cause many troubles for a new owner of these assets. Therefore, my first recommendation is to engage a specialized law firm which will minimize all identified risks,” he underlined.