Land Law Firm team acted as an adviser to the American corporation in the field of catering in the framework of the sale and purchase of part of the building with the aim of locating the restaurant, as well as arranging parking, summer veranda and amenities on the adjacent land plot.

In the process of implementing the project, lawyers carried out an urban planning analysis and a comprehensive due diligence of the acquired real estate in relation to the specifics of regional legislation. Taking into account the client’s intentions for the stage-by-stage implementation of the transaction (first, the lease and later the full buy-out), lawyers assessed the possibility and risks of using the property to locate a restaurant and auxiliary facilities. Also, lawyers assessed the need and developed mechanisms for changing / establishing a conditionally permitted type of permitted use in order to implement investment plans.