“A Gentle Reconception is Prescribed for Trade // Kommersant – St. Petersburg. “Economy of the Region” supplement – No. 92 – 28.05.2015 –P.14

“Kommersant” described the current situation in the retail market. As a result of the crisis shopping centres are obliged to think of ways of increasing consumer spending. Some alternatives are: optimization of space, changes in format, changes in pricing structure, changes in the scale of projects and even changes in tenants.

Evgeny Druzhinin, Head of Maxima Legal’s Real Estate and Construction Department, drew attention to the legal nuances arising from the replanning of a shopping centre. In his opinion, the scale and format of work planned by a developer can differ substantially in the amount of necessary permits and in the bodies issuing those permits, so in order that the reconstruction does not drag on for several years it is important to take a responsible approach to the choice and determination of the necessary procedures.

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