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Lidings Advises BILLA on Property Acquisition in Moscow


Lidings acted as a legal advisor for BILLA in connection with expansion of its retail chain in Moscow. Lidings’ real estate and construction team conducted due diligence for the anticipated acquisition by BILLA Realty of a non-residential building in the North-West of the capital with the purpose of setting up a retail grocery store.

«Identifying and assessing the main risks as part of the due diligence procedure allowed us to offer the client an optimal scheme to complete the deal in the most efficient manner», commented Lidings’ counsel Vadim Konyushkevich. «Considering BILLA’s business expansion strategy in Russia we are delighted to continue cooperation applying the firm’s expertise obtained in numerous high-profile privatization and acquisition projects”.

Lidings practice holds leading positions in professional legal rankings in Russia and abroad. The firm advises major international companies and corporations helping clients to establish legislative and financial frameworks for their real estate transactions and ensure successful representation in disputes. The practice offers legal advice in relation to office, retail, residential, warehouse, and industrial development, as well as comprehensive support of infrastructure projects.

BILLA is part of a large Austrian retailer REWE International AG. With the first supermarket opened in Moscow in 2004 the supermarket chain has recently celebrated its 10th anniversary in the Russian market. Russia remains a priority market in the chain’s long-term strategic development plan. It is expected that over 100 supermarkets would be operating around the country by the end of 2014.


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