Sorainen Belarus advised ITERA-Invest-Stroy in connection with the “Minsk City” development project under which the client is developing the area of the present city airport Minsk-1, constructing a significant number of business centres, hotels, residential premises, entertainment and catering facilities, along with necessary infrastructure. Sorainen also advised the client in connection with another development project, under which business and residential buildings will be erected in downtown Minsk. The estimated value of the two projects is EUR 464 million. Sorainen also carried out a legal due diligence of the client’s subsidiaries in Belarus prior to their corporate restructuring needed in order to accommodate the needs of the projects. The client was advised by Sorainen partners Kiryl Apanasevich and Maksim Salahub, and associate Tatsiana Klimovich.
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