Alexei Nesterenko Speaks at 16th NF GROUP Conference

On 10 April 2025, the 16th Annual Conference titled “Offices: Racing Ahead of Inflation” was held at the Lotte Hotel Moscow, organised by NF GROUP. The event brought together leading developers, tenants, investors, and corporate sector representatives to discuss key shifts and trends in the office real estate market.

Alexei Nesterenko, Managing Partner at FBK Legal, reported on “Key Updates in Tax and Civil Legislation for the Office Real Estate Sector”.

During his speech, Alexei brought up major changes in tax legislation and trends in judicial practice, which have had an impact on office real estate players, including issues related to property taxation based on cadastral value and tax treatment of inseparable improvements to leased property.

The second part of his speech dwelt on current civil law issues. Alexei expanded on nuances of drafting letters of intent, legal opportunities for unilateral adjustments to lease payments, and criteria for determining the completion of construction or renovation for cadastral registration of real estate.