Maxima Legal invites you to a business breakfast ‘Time to buy: when acquiring an office becomes more profitable than renting’

Konstantin Boytsov - Counsel

Maxima Legal and Colliers International invites participants to take part in a business breakfast titled ‘Time to buy: when acquiring an office becomes more profitable than renting’.

Date: 27 February, Wednesday

Location: SO/ Sofitel St Petersburg, Voznesensky prospekt, 6, So Lounge

Time: 10.00 — 12.00

Despite a deficit in premium office space, there are currently almost no planned new premium projects in St Petersburg. In 2019, the situation will unlikely change: it is anticipated that not more than 70,000 sq. metres will become available and large premises over 5,000 sq. meters will remain in short supply. For many companies, purchasing offices is becoming a viable option. Many companies are considering properties as investments and are ready to purchase properties with a capitalisation rate lower than usual investors.

The event will be of interest to companies which rent premises as well as those wishing to acquire properties.

Programme:

kuznetsov Dmitry Kuznetsov, Associate Director, Occupier Advisors and Office Department at Colliers International

• Overview of the market for offices in St Petersburg: Review of office purchases made by companies for their own usage, as well as construction of offices as built-to-suit for the past 10 years. Forecasts.
• Purchasing vs renting: when the duration of occupation of a property matches the duration for renting, what is more profitable? Motivation of a purchaser and an tenant.

boytsov Konstantin Boytsov, Head of the Real Estate and Construction Practice at Maxima Legal

• ПLegal due diligence of properties and land plots for construction. Structuring transactions when buying completed property in the format of built-to-suit.

vagin Dmitry Vagin, Deputy Director of PAO Energomashbank for client support

• The peculiarities of taking a loan to purchase property for a company’s own use.
Main reasons for rejection and how to avoid them.


Schedule of the event:

09.30–10.00
10.00–11.30
11.30–12.00
Registration of participants, welcome tea and coffee
Business programme: speakers’ presentations, questions and answers
Coffee break, networking

 

Participation in the business breakfast is free following initial registration by email to: m.kryukova@maximalegal.ru or by registering for the event on the Timepad website.

Access to the event is restricted for representatives of law firms, consultancy companies and building developers.