project

Advising on acquiring Ukrainian assets of SPDI

On 14 June 2021 Arcona Property Fund N.V. has announced the signing of purchase agreements with Secure Property Development & Investments Ltd (SPDI) for the acquisition of SPDI´s two development sites in the Kyiv region of Ukraine, with a total value of € 1.8 million. This is the second phase of the three-phase acquisition of SPDI´s property portfolio in Eastern and Southeastern Europe. 

The estimated value of the whole second stage which also includes Romanian assets is €8.2 million. The purchases should be completed in the second half of 2021. 

Vasil Kisil & Partners acts as a sole legal advisor to Arcona on all Ukrainian law matters during all stages of the transaction, including the sites' due diligence, transaction structuring and tax planning, drafting and negotiating a set of share and asset purchase, debt assignment and novation and other agreements as well as all other acquisition documents, checking performance of the conditions and assistance with assets transfer, etc.

client:

Arcona Property Fund N.V

Team

Alexander Borodkin

Partner, Attorney-at-Law

Real Estate and Construction,
Tax,
Trade and Commercial,
Agribusiness,
Renewables,
Transport and Infrastructure

Tetiana Revutska

Senior Associate, Attorney-at-Law

Energy and Natural Resources,
PPP and Procurement,
Real Estate and Construction,
Construction and Development,
Renewables

Ivanna Rodionova

Associate

Energy and Natural Resources,
Real Estate and Construction,
Trade and Commercial,
Construction and Development,
Consumer Goods and Retail,
Renewables

Unfortunately, nothing was found on your request