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Clifford Chance advises on the largest office real estate transaction in the Russian market in 2019

17 February 2020

Clifford Chance advises on the largest office real estate transaction in the Russian market in 2019

Clifford Chance Moscow team has advised Metrika Investments, part of ROSSIUM Concern, on the acquisition of the office part of Neva Towers (formerly Renaissance Moscow Towers), a complex of two skyscrapers located at the "Moscow City" business district of Moscow.

Neva Towers is a multi-purpose complex with two towers with heights of 345 metres and 302 metres respectively. The complex includes office premises, apartments, retail premises and a multi-storey underground car park for 2,000 cars. The total area of the complex is 357,000 sq. m. and the total areas of the office premises is 56,158 sq.m.
The deal is considered to be the largest investment transaction in the Russian office market in 2019.

The team was led by the head of corporate and real estate practices Marc Bartholomy, with the support of counsel Nick Diakoumis, senior associates Anna Krutik and Andrew Robinson, associate Anastasia Ovchinnikova and trainee Alexandra Kuznetsova.