Industries

Real estate

We are convinced that no matter how complicated the circumstances are, the Real Estate industry in Ukraine will stay demanded, continue growing sustainably, and will soon become even more advanced within the Rebuilding Ukraine strategy, significantly supported by the international community. Assisting our clients in their endeavours to contribute to the quickest restoration of the Ukrainian real estate market and infrastructure, we have continuously been closely involved in various social and economic projects due to our wide range of expertise.

In particular, our experience includes advice on:

  • negotiations on USD1 billion collaboration with GE on behalf of PJSC “Ukrainian Railways”
  • construction of a 500 MW wind farm
  • reconstruction of 73,000 sq. m of state real estate property in one of the biggest Ukrainian seaports with a transaction value of near USD115.8 million
  • development of the real estate complex in the centre of Kyiv consisting of a huge retail space, business centre, apartments, and multi-level underground parking with a total area of over 55,000 sq. m
  • construction of the largest solid household waste recycling plant in Ukraine with a recycling capacity of 82,000 tons per year and a total value of EUR10 million
  • acquisition of an oil transshipment terminal with an area of 5,000 sq. m through public auction
  • entering the Ukrainian real estate construction market
  • leasing the prominent historical building for social purposes

Key experience

Construction of a real estate complex in the centre of Kyiv in the form of a joint investment with a business partner

Legal advisor to A-Development, one of the leading Ukrainian developers

Acquisition of an oil transshipment terminal through electronic auction

8

Mln USD

Legal advisor to a large oil&gas producer

Sale of Karavan Hypermarket chain to Auchan Group

Legal advisor to sellers

Sale of Smart Plaza Obolon to URE Holding Limited

Legal advisor to sellers

Sale of Ocean Plaza

Legal advisor to sellers

Sale of Karavan Real Estate Limited to DCH Group, Citi Venture Capital International, and Apollo

Legal advisor to sellers

Related materials

Legal alerts

OVERVIEW OF TEMPORARY AMENDMENTS IN REGISTRATION, NOTARIAL AND PERMITTING LEGISLATION DURING MARTIAL LAW

Due to the martial law imposed in Ukraine on 24 February 2022 under the Law of Ukraine “On Approval of the Presidential Decree of Ukraine “On Imposition of Martial Law in Ukraine”, some legislative provisions were amended until the martial law is lifted.

Posted on July 6, 2022

Legal alerts

SIMPLIFIED PROCEDURE FOR REGISTRATION OF RIGHTS TO LAND PLOTS UNDER PURCHASED REAL ESTATE

Today, Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine (Regarding the Unified Legal Fate of Land Plots and Real Estate Located on It)” No. 1174-IX, dated 2 February 2021 (“Law”), comes into force.

Posted on July 6, 2022

Legal alerts

NOTARIAL AND REGISTRATION LEGISLATION UPDATED

On 28 April 2022, Resolution of the Government of Ukraine “On Amendments to Certain Resolutions of the Government of Ukraine on Notaries’ Activity and Functioning of Unified and State Registers Held by the Ministry of Justice, during Martial Law” No. 480-2022-p, dated 19 April 2022 (“Resolution”), entered into force, amending several previously adopted resolutions (as described in the Legal Alert, dated 29 March 2022).

Posted on July 6, 2022

Legal alerts

CONSTRUCTION INVESTMENT LEGISLATION IMPROVED

Law of Ukraine “On Ensuring Proprietary Rights to Real Estate Objects to be Constructed in the Future” No. 2518-IX (“Law”) entered into force on 10 October.

Posted on July 6, 2022

Legal alerts

SIMPLIFIED LAND LEASE DURING MARTIAL LAW

On 7 April 2022, Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine on Ensuring Conditions for Food Security under Martial Law” No. 2145-IX (“Law”) came into force.

Posted on July 6, 2022

Legal alerts

RULES FOR CONSTRUCTION OF TEMPORARY HOUSES FOR INTERNALLY DISPLACED PERSONS

The Laws of Ukraine “On Amendments to Certain Laws of Ukraine Regarding Priority Reform Measures in the Field of Town-Planning” No. 2254-IX, dated 12 May 2022 (“Law 2254”) and “On Amendments to Certain Legislative Acts of Ukraine Regarding Regulatory Peculiarities of Land Relations under Martial Law” No. 2247-IX, dated 12 May 2022 (“Law 2247”, hereinafter together with Law 2254 – “Laws”) came into force a month ago.

Posted on July 6, 2022

Key contacts

MAKSYM MAKSYMENKO

Partner

mmaksymenko@avellum.com

Team

Real estate

Industries

ROSTYSLAV MUSHKA

Senior Associate

rmushka@avellum.com

YULIIA PIDLISNA

Managing Associate

ypidlisna@avellum.com

INNA ERBELIDZE

Senior Associate

ierbelidze@avellum.com

GALYNA VDOVENKO

Associate

gvdovenko@avellum.com

Practice

Tax

We provide full-scope tax services, including domestic and international tax planning, tax disputes, transactional tax and financing transactions.

Practices

Real estate & Infrastructure

We provide our clients with tailored turnkey solutions for their sophisticated requests on land, real estate, construction, and infrastructure matters based on our expertise and profound understanding of the Ukrainian industries’ specifics.

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