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Evgeniy Shirstov spoke about legal aspect of land redevelopment

     

May 31st St. Petersburg welcomed a conference “Land redevelopment 2.0: new ways of evolution”. The event organizers were a non-commercial partnership “Guild of Managers and Developers” supported by NAI Becar and the City Agency for Industrial Investments.

The participants considered specific examples of efficient industrial assets management, land redevelopment as well as discussed how one could implement such projects with the maximum commercial benefits for all the parties. The event held a master-class and expert talk on land redevelopment and liabilities set up by investors to industrial sites, economics models of such projects, and on conditions of plant relocation into new territories. 

Evgeniy Shirstov, the Real Estate and Investments Senior Associate at Kachkin & Partners, covered legal aspect of land redevelopment. Evgeniy highlighted that the main issue was the difference in the interests of the parties. “An investor seeks to close a transaction and to come into possession of a land plot, and an owner of a land plot wants to come into possession of a new one in the first place, to provide it with utility networks, to organize relocation, and then transfer property right to an investor, — noted the expert. – Besides territories of a plant are vast, and are often widely space-apart, separate parts of the land plot might be owned by different companies and have different title of ownership. If there are several owners of a land plot then an investor has to agree and find compromise solution with all of them, but not only with the major ones”.

  

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Денис Качкин

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Руководитель практики по инфраструктуре и ГЧП Заведующий базовой кафедрой юридического факультета НИУ ВШЭ — Санкт-Петербург

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Денис Качкин

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Управляющий партнер
Руководитель практики по инфраструктуре и ГЧП Заведующий базовой кафедрой юридического факультета НИУ ВШЭ — Санкт-Петербург

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