Yandex $145 million acquisition of Kosygina land

24/1/2019

Real estate acquisition

Value:

$ 145 million

Status:

Completed

Date:

24/1/2019

Overview:

Russian internet company Yandex has acquired the rights to a four hectare plot on Kosygina Street in Moscow, which it intends to turn into its new headquarters, for $145 million.

Jurisdiction:

Russia

Deal type:

Real estate acquisition

Practice area:

Real estate acquisitions

Governing law:

Russia

Industry sector:

Real estate

Firm:

White & Case

Party: Yandex (Buyer)

Lawyers: Daria Plotnikova, Ekaterina Logvinova

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