Supporting the transactions for the sale and purchase of commercial real estate complexes

Client:the real estate owner
Opposite party:Federal Service for State Registration, Cadastre and Cartography (ROSREESTR), Department of City Property, State Inspectorate for Supervision of real estate in the City of Moscow

Background

Identification of all potential risks that could arise in the transaction of the purchase and sale of the property complex

The case

CG experts received the title certification documents to all the facilities of the commercial real estate complex from the customer, as well as the necessary documents from the relevant institutions. Conducted on-site survey of the facility, including the geodetic work. During the operation  there was revealed a number of violations of the law, as a result of which the deal could be broken with pecuniary losses and damage to the seller’s reputation:

  1. the boundaries of the land plot are not specified with the sufficient regulatory accuracy;
  2. for all capital construction facilities, located within the land plot, we faced  differences between the available documents and the data contained in the register of real estate - the USRIP (the United State Register of Immovable Property);
  3. revealed duplication of each facility;
  4. information about the capital construction facilities contained in the USRIP didn't include borders coordinates, as a consequence - was not tied to the land plot;
  5. no right of ownership was registered for two facilities of capital construction in the SREC (the State Real Estate Cadastre);
  6. inside some capital construction facilities alterations have been made without the approval of the relevant authorities.

Altogether we managed to bring everything in line with the requirements of the current legislation before the purchaser of the facilities began the compliance procedure for the acquired real estate complex.

Why is it of importance?

These aspects are inconsistent with the requirements of the Russian legislation, and when registering a contract of the purchase and sale in such cases, the decision is made to suspend the registration actions. Experts of the Legal Department and the Department of cadastral works of the CG in a timely manner identified and eliminated the inconsistencies, and the owner did not lose a part of the income on the value of the transaction and avoided the additional costs of paying fines and administrative responsibility.

Madina
Ikoeva

Director of Cadaster Work
Commercial real estate

Consul Group / Selected projects

More than 600 completed projects

Property Tax, Cadastral Valuation, Real Estate Transactions and Complex Legal Disputes

Consul Group advises commercial property owners and investors on legal, tax and economic matters in Russia.

Our largest practice focuses on reducing property tax liabilities, challenging state-assessed cadastral values, securing tax relief and resolving disputes with public authorities.

Our expertise also covers real estate transactions, legal due diligence, land and corporate matters, international asset restructurings and cross-border projects.

In Russia, cadastral value is a government-assessed property value used to determine the tax base for certain real estate assets.

View projects
600+
completed projects
12+
years of practice
5
core practice areas

Key projects

The scale of the work. The weight of the result.

Property Tax Relief and Exemptions

001

MFC Business Park «Skolkovo»

2024–2026

Skolkovskoe Highway, 43, Moscow

Estimated Tax Savings*

RUB 570.9 million

Multifunctional complex·211,058 m²

The Consul Group team designed a tax-optimisation strategy for the business park at the construction stage. In the first three years after the complex was commissioned, this materially reduced payments to the budget: the asset was easier to lease, and the project did not carry a heavy tax burden while the complex was still being filled.

Challenging regulatory acts

002

Setting aside the retrospective application of Moscow Government Resolution No. 937-PP of 26 December 2016

2017–2019

Moscow

2502 properties

The resolution applied from 1 January 2016 — retrospectively. As a result, corporate property tax for the owners rose by between 3 and 15 times. The owners were served with payment demands for the arrears. The additional tax assessments on 2,502 disputed properties in Moscow totalled RUB 12.5 billion. Consul Group represented the owners in the collective dispute and obtained a ruling of the Supreme Court of the Russian Federation setting aside the retrospective application of the resolution.

Tax structuring of a transaction

003

Business centre complex

2024

Central Moscow

Tax structuring of the sale of a business-centre complex in central Moscow to a developer, for the redevelopment of part of the site as housing. We designed a tax structure for the transaction that took account of the consequences for both parties, checked the authority of the signatories, and supported the transaction through to state registration of the transfer of title.

Corporate, tax and international projects

004

Restructuring International Asset Ownership

2018–2019

Moscow

More than 100,000 m² of assets

Support for the restructuring of an international ownership structure over major assets and the transfer of control over them to Russia. We analysed the ownership structure across several jurisdictions, designed the sequence for ending the foreign ownership, and coordinated the foreign advisers. The Consul Group team took part in person in the material steps in the foreign jurisdictions and supervised the local lawyers and registrars in Cyprus, so that the procedures met the requirements of Russian law.

Transactions, investment and due diligence

005

Due diligence of a production site

2025

North-Eastern Administrative District, Moscow

On an investor's acquisition of a production site for redevelopment as a multifunctional complex, we carried out a full legal review. We checked the land arrangements with the City of Moscow and the title to the buildings. We analysed the corporate structure to identify and remove the risk of the transaction being challenged later.

Project catalogue

Selected projects

The legal issues, the properties and the results of our work.

Property Tax Relief and Exemptions

001

MFC Business Park «Skolkovo»

2024–2026

Skolkovskoe Highway, 43, Moscow

Estimated Tax Savings*

RUB 570.9 million

Multifunctional complex·211,058 m²

The Consul Group team designed a tax-optimisation strategy for the business park at the construction stage. In the first three years after the complex was commissioned, this materially reduced payments to the budget: the asset was easier to lease, and the project did not carry a heavy tax burden while the complex was still being filled.

Cadastral number: 77:15:0020202:343

Property Tax Relief and Exemptions

002

Apart-hotel complex «Kuznetskiy Most 12»

2022–2026

Kuznetskiy Most Street, 12/3, Building 1, Moscow

Estimated Tax Savings*

RUB 290.2 million

Apart-hotel complex·14,573 m²·2 properties

Full support of the tax planning for an apart-hotel complex under construction.

Cadastral number: 77:01:0001040:1032; 77:01:0001040:1033

Cadastral Valuation Appeals

003

SC «Möbel Expo»

2022

Nakhimovskiy Avenue, 24, Moscow

Tax Savings*

RUB 160.9 million

Shopping centre·21,266 m²·20 properties

SC «Möbel Expo» at Nakhimovskiy Avenue, 24, Moscow (21,266 m², 20 properties). The project started in March 2022. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. Property tax was recalculated from the value as determined. Saving — RUB 160.9 million.

Cadastral number: 77:06:0004003:1006; 77:01:0005006:1102; 77:01:0005006:1067 and 17 more

Cadastral Valuation Appeals

004

ROC «Arkadiya»

2021, 2023

Bolshoy Ovchinnikovskiy Lane, 16, Moscow

Tax Savings*

RUB 159.7 million

Retail and office centre·32,339 m²

ROC «Arkadiya» at Bolshoy Ovchinnikovskiy Lane, 16, Moscow (32,339 m²). The project started in December 2021. As a result of the project, the client obtained court rulings of the Moscow City Court No. 3a-267/2023 and No. 3a-134/2025, by which the cadastral value was set at market value as at 1 January 2021 and 1 January 2023. The cadastral value was reduced by RUB 4.06 billion. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 4.06 billion

Cadastral number: 77:01:0002018:1014

Cadastral Valuation Appeals

005

Shopping centre

2022–2023

Belovezhskaya Street, 15, Building 2, Moscow

Tax Savings*

RUB 5.4 million

Shopping centre·2,922 m²·2 properties

Shopping centre at Belovezhskaya Street, 15, Building 2, Moscow (2,922 m², 2 properties). The project started in December 2022. As a result of the project, the client obtained court rulings of the Moscow City Court No. 3a-4462/2023 and No. 3a-1802/2024, by which the cadastral value was set at market value as at 1 January 2022 and 1 January 2023. The cadastral value was reduced by RUB 135 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 135 million

Cadastral number: 77:07:0008004:1073; 77:07:0008004:12

Moscow City Court judgment 3a-4462/2023

Correction of Errors in Cadastral Valuations

006

BC «Balchug Plaza»

2023

Balchug Street, 7, Moscow

Tax Savings*

RUB 140.9 million

Business centre·26,702 m²

BC «Balchug Plaza» at Balchug Street, 7, Moscow (26,702 m²). The project started in October 2022. After 2 months and 20 days, the client secured the correction of a cadastral valuation error. Judgments of 8 December 2022 and of 13 January 2023. The cadastral value was reduced by RUB 3.14 billion. The property's tax liability was reduced. The correction is recorded in the decision correcting the error.

Reduction of cadastral value
RUB 3.14 billion

Cadastral number: 77:01:0002022:1031

Property Tax Relief and Exemptions

007

Business centre «Akademik»

2021–2022

Vernadskogo Avenue, 41, Moscow

Tax Savings*

RUB 116.3 million

Business centre·47,117 m²

Support on commissioning the property, with optimisation of property tax.

Cadastral number: 77:07:0013007:23946

Property Tax Relief and Exemptions

008

Office under construction «SIBUR»

2024, 2025, 2026

Bolshaya Yakimanka Street, 2, Moscow

Tax Savings*

RUB 239 million

Office under construction·22,688 m²·2 properties

Support of the construction through to commissioning, with property-tax optimisation during construction.

Cadastral number: 77:01:0002015:2426; 77:01:0002015:2954

Cadastral Valuation Appeals

009

SEC «Megapolis»

2021, 2024

Andropova Avenue, 8, Moscow

Tax Savings*

RUB 87.5 million

Shopping and entertainment centre·69,126 m²·4 properties

SEC «Megapolis» at Andropova Avenue, 8, Moscow (69,126 m², 4 properties). The project started in November 2021. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2021 and 1 January 2024. The cadastral value was reduced by RUB 1.48 billion. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 1.48 billion

Cadastral number: 77:05:0002007:1002; 77:05:0002007:3559; 77:05:0002007:3558 and 1 more

Cadastral Valuation Appeals

010

Business centre

2017–2018

Solyanka Street, 3, Building 2, Moscow

Tax Savings*

RUB 87.2 million

Business centre·1,959 m²

Business centre at Solyanka Street, 3, Building 2, Moscow (1,959 m²). The project started in October 2018. After 8 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2017 and 1 January 2018. The cadastral value was reduced by RUB 87.2 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 87.2 million

Cadastral number: 77:01:0001022:1033

Exclusion from Moscow's Cadastral Property Tax List

011

BC «Dmitrovskiy»

2015–2021

Novodmitrovskaya Street, 5A, Building 2, Moscow

Tax Savings*

RUB 79.7 million

Business centre·28,944 m²·10 properties

BC «Dmitrovskiy» at Novodmitrovskaya Street, 5A, Building 2, Moscow (28,944 m², 10 properties). The project started in January 2021. As a result of the project, the client secured the exclusion of the properties from Moscow's cadastral property tax list for 2015–2021. After removal, property tax is calculated without using the cadastral value. Saving — RUB 79.7 million. By judgments of the Moscow City Court No. 3a-1804/2021 and No. 3a-1807/2021 the properties were removed from the list.

Cadastral number: 77:02:0021006:1045; 77:02:0021006:1049; 77:01:0004006:2345 and 7 more

Cadastral Valuation Appeals

012

Land plot

2022–2023

Bolshoy Savvinskiy Lane, land plot 12/4, Moscow

Tax Savings*

RUB 72 million

Land plot·44,395 m²·2 properties

Land plot at Bolshoy Savvinskiy Lane, land plot 12/4, Moscow (44,395 m², 2 properties). The project started in March 2022. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2022 and 1 January 2023. The cadastral value was reduced by RUB 1.96 billion. Land tax was recalculated for the plot in private ownership; for the plot where private title is not registered, the rent was recalculated.

Reduction of cadastral value
RUB 1.96 billion

Cadastral number: 77:01:0005006:1015; 77:06:0004003:18

Correction of Errors in Cadastral Valuations

013

Business centre

2023

1st Golutvinskiy Lane, 6, Moscow

Tax Savings*

RUB 68.4 million

Business centre·20,780 m²·2 properties

Business centre at 1st Golutvinskiy Lane, 6, Moscow (20,780 m², 2 properties). The project started in October 2023. After 3 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 1.71 billion. The property's tax liability was reduced.

Reduction of cadastral value
RUB 1.71 billion

Cadastral number: 77:01:0002015:1017; 77:01:0002015:2354

Exclusion from Moscow's Cadastral Property Tax List

014

BC «Platinum»

2015–2022

Kotlyakovskaya Street, 3, Building 13, Moscow

Tax Savings*

RUB 67.8 million

Business centre·17,222 m²·2 properties

BC «Platinum» at Kotlyakovskaya Street, 3, Building 13, Moscow (17,222 m², 2 properties). The project started in February 2021. As a result of the project, the client secured the exclusion of the properties from Moscow's cadastral property tax list for 2015–2022. After removal, property tax is calculated without using the cadastral value. Saving — RUB 67.8 million. By judgments of the Moscow City Court No. 3a-1738/2021 and No. 3a-5366/2023 the properties were removed from the list.

Cadastral number: 77:05:0005003:1239; 77:05:0005003:6008

Property Tax Relief and Exemptions

015

BC 1905 Goda

2022, 2024

1st Zemelnyy Lane, 1, Moscow

Tax Savings*

RUB 59.7 million

Business centre·39,217 m²

Support on commissioning the property, with optimisation of property tax.

Cadastral number: 77:01:0004025:2632

Exclusion from Moscow's Cadastral Property Tax List

016

Business centre

2017–2021

Gilyarovskogo Street, 4, Building 5, Moscow

Tax Savings*

RUB 58.7 million

Business centre·5,488 m²

Business centre at Gilyarovskogo Street, 4, Building 5, Moscow (5,488 m²). The project started in August 2021. After 1 year and 3 months, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2017–2021. Property tax before removal — RUB 58,755,835, after removal — RUB 46,927. Thereafter the tax is calculated without using the cadastral value. By a judgment of the Moscow City Court No. 3a-2369/2021 the property was removed from the list.

Tax before removal
58 755 835 ₽
Tax after removal
46 927 ₽

Cadastral number: 77:01:0003043:4387

Exclusion from Moscow's Cadastral Property Tax List

017

Administrative building

2022

Krzhizhanovskogo Street, 21/33, Building 1, Moscow

Tax Savings*

RUB 58.6 million

Administrative building·8,537 m²·2 properties

Administrative building at Krzhizhanovskogo Street, 21/33, Building 1, Moscow (8,537 m², 2 properties). The project started in July 2022. After 1 year and 3 months, the client secured the exclusion of the properties from Moscow's cadastral property tax list for 2022. After removal, property tax is calculated without using the cadastral value. Saving — RUB 58.6 million. By a judgment of the Moscow City Court No. 3a-4898/2023 the properties were removed from the list.

Cadastral number: 77:06:0004002:1092; 77:06:0004002:7217

Property Tax Relief and Exemptions

018

RHC «Kievskiy»

2017

Kievskaya Street, 2, Moscow

Tax Savings*

RUB 57.6 million

Retail and hotel complex·77,816 m²

RHC «Kievskiy» at Kievskaya Street, 2, Moscow (77,816 m²). The project started in March 2021. After 3 months, the client secured property tax relief for 2017. Saving — RUB 57.6 million.

Cadastral number: 77:07:0007004:3324

Correction of Errors in Cadastral Valuations

019

BC «Morozov»

2022

Lva Tolstogo Street, 16, Moscow

Tax Savings*

RUB 52.6 million

Business centre·59,149 m²·3 properties

BC «Morozov» at Lva Tolstogo Street, 16, Moscow (59,149 m², 3 properties). The project started in August 2022. After 4 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 1.42 billion. The property's tax liability was reduced.

Reduction of cadastral value
RUB 1.42 billion

Cadastral number: 77:01:0005014:1021; 77:01:0005014:1628; 77:01:0003024:3298

Exclusion from Moscow's Cadastral Property Tax List

020

Business centre

2022

Skladochnaya Street, 3, Building 1, Moscow

Tax Savings*

RUB 50.6 million

Business centre·24,208 m²·2 properties

Business centre at Skladochnaya Street, 3, Building 1, Moscow (24,208 m², 2 properties). The project started in January 2022. As a result of the project, the client secured the exclusion of the properties from Moscow's cadastral property tax list for 2022. After removal, property tax is calculated without using the cadastral value. Saving — RUB 50.6 million.

Cadastral number: 77:02:0021006:1110; 77:02:0021006:1067

Exclusion from Moscow's Cadastral Property Tax List

021

Car park

2017, 2018, 2019, 2020, 2024

Andropova Avenue, 8, Building 2, Moscow

Tax Savings*

RUB 50.3 million

Car park·17,858 m²·3 properties

Car park at Andropova Avenue, 8, Building 2, Moscow (17,858 m², 3 properties). The project started in May 2021. As a result of the project, the client secured the exclusion of the car park from Moscow's cadastral property tax list and property tax relief for 2017, 2018, 2019, 2020 and 2024. This is one project covering two measures: after removal from the list, the relief reduced the property tax to zero. By judgments of the Moscow City Court No. 3a-2285/2021 and No. 3a-3386/2024 the properties were removed from the list.

Cadastral number: 77:05:0002007:1004; 77:05:0002007:5048; 77:05:0002007:3884

Cadastral Valuation Appeals

022

ROC «Prazdnik»

2021, 2024

Tushinskaya Street, 17, Moscow

Tax Savings*

RUB 47.8 million

Retail and office centre·34,671 m²·5 properties

ROC «Prazdnik» at Tushinskaya Street, 17, Moscow (34,671 m², 5 properties). The project started in November 2021. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2021 and 1 January 2024. The cadastral value was reduced by RUB 209.9 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 209.9 million

Cadastral number: 77:08:0005005:1032; 77:08:0005005:1677; 77:08:0005005:1676 and 2 more

Cadastral Valuation Appeals

023

Administrative building

2023

Bolshoy Savvinskiy Lane, 12, Building 16, Moscow

Tax Savings*

RUB 47.3 million

Administrative building·18,196 m²·17 properties

Administrative building at Bolshoy Savvinskiy Lane, 12, Building 16, Moscow (18,196 m², 17 properties). The project started in November 2023. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2023. Property tax was recalculated from the value as determined. Saving — RUB 47.3 million.

Cadastral number: 77:01:0005006:1096; 77:01:0005006:1048; 77:01:0005006:1049 and 14 more

Exclusion from Moscow's Cadastral Property Tax List

024

BC «Mostransagentstva»

2015–2021

Mnevniki Street, 3, Building 1, Moscow

Tax Savings*

RUB 46.4 million

Business centre·7,416 m²

BC «Mostransagentstva» at Mnevniki Street, 3, Building 1, Moscow (7,416 m²). The project started in May 2021. After 1 year and 3 months, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2015–2021. After removal, property tax is calculated without using the cadastral value. Saving — RUB 46.4 million. By a judgment of the Moscow City Court No. 3a-2232/2021 the property was removed from the list.

Cadastral number: 77:08:0012001:1012

Cadastral Valuation Appeals

025

ROC «Global City»

2017, 2018, 2020

Dnepropetrovskaya Street, 2, Moscow

Tax Savings*

RUB 42.2 million

Retail and office centre·37,829 m²

ROC Global City at Dnepropetrovskaya Street, 2, Moscow (37,829 m²). The client obtained court rulings of the Moscow City Court No. 3a-1360/2018 and No. 3a-1606/2020, by which the cadastral value was set at market value as at 1 January 2017, 1 January 2018 and 1 January 2020. The cadastral value was reduced by RUB 2.88 billion. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 2.88 billion
2017
3,874,302,835 → RUB 2,779,242,000. Tax saving for that year: RUB 15,330,852
2018
3,939,978,138 → RUB 2,178,135,000. Tax saving for that year: RUB 26,427,647
2020
3,278,568,622 → RUB 3,252,387,000. Tax saving for that year: RUB 445,088

Saving on ROC «Global City» — property tax for the year of each judgment. In that year the property was on the list; the rate is taken from Moscow City Law No. 64: 2017 — RUB 15,330,852, 2018 — RUB 26,427,647, 2020 — RUB 445,088.

Correction of Errors in Cadastral Valuations

026

Cultural institution «Garage, Museum of Contemporary Art»

2023

Krymskiy Val Street, 9, Building 32, Moscow

Tax Savings*

RUB 38 million

Cultural institution·6,226 m²

Cultural institution «Garage, Museum of Contemporary Art» at Krymskiy Val Street, 9, Building 32, Moscow (6,226 m²). The project started in January 2023. After 1 month and 18 days, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 830.3 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 830.3 million

Cadastral number: 77:01:0006001:1060

Property Tax Relief and Exemptions

027

Underground car park in Moscow-City

2022

Presnenskaya Embankment, 4, Building 1, Moscow

Tax Savings*

RUB 37.7 million

Underground car park·25,787 m²·31 properties

Underground car park in Moscow-City at Presnenskaya Embankment, 4, Building 1, Moscow (25,787 m², 31 properties). The project started in March 2022. After 4 months, the client secured property tax relief for 2022. Saving — RUB 37.7 million.

Cadastral number: 77:01:0004042:5066; 77:01:0004042:12970; 77:01:0004042:12973 and 28 more

Property Tax Relief and Exemptions

028

Administrative building

2021

Bolshoy Kislovskiy Lane, 11, Moscow

Tax Savings*

RUB 36.1 million

Administrative building·8,404 m²·4 properties

Administrative building at Bolshoy Kislovskiy Lane, 11, Moscow (8,404 m², 4 properties). The project started in June 2021. After 1 year and 5 months, the client secured property tax relief for 2021. Saving — RUB 36.1 million.

Cadastral number: 77:01:0001045:1025; 77:01:0001045:2966; 77:01:0001045:1024 and 1 more

Correction of Errors in Cadastral Valuations

029

Business centre «Akademik»

2022

Vernadskogo Avenue, 41, Moscow

Tax Savings*

RUB 35.9 million

Business centre·47,117 m²

Business centre «Akademik» at Vernadskogo Avenue, 41, Moscow (47,117 m²). The project started in March 2022. After 3 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 1.89 billion. The property's tax liability was reduced.

Reduction of cadastral value
RUB 1.89 billion

Cadastral number: 77:07:0013007:23946

Cadastral Valuation Appeals

030

Business centre

2022, 2024

Yunnatov Street, 18, Moscow

Tax Savings*

RUB 35.8 million

Business centre·12,640 m²

Business centre at Yunnatov Street, 18, Moscow (12,640 m²). Two separate proceedings. For the value as at 1 January 2021, the application was filed on 13 July 2022 and the Moscow City Court gave judgment on 11 July 2023 in case 3a-1737/2023: the court proceedings took 11 months and 28 days, and the cadastral value was set at market value. For the value as at 1 January 2023, the application was filed on 2 February 2024 and the judgment of 2 December 2024 in case 3a-1884/2024: the court proceedings took 10 months. The cadastral value was reduced by RUB 908.2 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 908.2 million

Cadastral number: 77:09:0004010:3578

Exclusion from Moscow's Cadastral Property Tax List

031

Administrative building

2015–2021

Bolshaya Dmitrovka Street, 10, Building 4, Moscow

Tax Savings*

RUB 34.3 million

Administrative building·2,386 m²

Administrative building at Bolshaya Dmitrovka Street, 10, Building 4, Moscow (2,386 m²). The project started in January 2022. After 11 months, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2015–2021. Property tax before removal — RUB 35,121,063, after removal — RUB 863,136. Thereafter the tax is calculated without using the cadastral value.

Tax before removal
35 121 063 ₽
Tax after removal
863 136 ₽

Cadastral number: 77:01:0001042:1026

Correction of Errors in Cadastral Valuations

032

BC «Na Berezhkovskoy»

2023

Berezhkovskaya Embankment, 38, Building 1, Moscow

Tax Savings*

RUB 32.6 million

Business centre·26,732 m²

BC «Na Berezhkovskoy» at Berezhkovskaya Embankment, 38, Building 1, Moscow (26,732 m²). The project started in June 2023. After 1 month, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 835.8 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 835.8 million

Cadastral number: 77:07:0007006:1146

Correction of Errors in Cadastral Valuations

033

SEC «Kaluzhskiy»

2024

Profsoyuznaya Street, 61A, Moscow

Tax Savings*

RUB 30.3 million

Shopping and entertainment centre·56,787 m²·2 properties

SEC «Kaluzhskiy» at Profsoyuznaya Street, 61A, Moscow (56,787 m², 2 properties). The project started in April 2024. After 2 months and 27 days, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 2.03 billion. The property's tax liability was reduced.

Reduction of cadastral value
RUB 2.03 billion

Cadastral number: 77:06:0004011:1076; 77:06:0004011:4372

Correction of Errors in Cadastral Valuations

034

BC «Belye Sady»

2023

Lesnaya Street, 7, Moscow

Tax Savings*

RUB 30 million

Business centre·53,083 m²

BC «Belye Sady» at Lesnaya Street, 7, Moscow (53,083 m²). The project started in December 2022. On 15 February 2023, the client secured the correction of a cadastral valuation error. The cadastral value was reduced from RUB 8.24 billion to RUB 7.49 billion. The property's tax liability was reduced.

Reduction of cadastral value
RUB 0.75 billion

Cadastral number: 77:01:0004016:4082

Correction of Errors in Cadastral Valuations

035

BC «Dmitrovskiy»

2023

Novodmitrovskaya Street, 2B, Moscow

Tax Savings*

RUB 29.9 million

Business centre·21,349 m²

BC «Dmitrovskiy» at Novodmitrovskaya Street, 2B, Moscow (21,349 m²). The project started in October 2022. After 5 months and 16 days, the client secured the correction of a cadastral valuation error. A further correction — a judgment of 21 June 2023, 2 months and 9 days after the start on 12 April 2023. The cadastral value was reduced by RUB 657.2 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 657.2 million

Cadastral number: 77:02:0021006:2121

Property Tax Relief and Exemptions

036

Administrative building

2021–2023

Kuznetskiy Most Street, 14, Building 1, Moscow

Tax Savings*

RUB 27.1 million

Administrative building·3,204 m²

Administrative building at Kuznetsky Most Street, 14, Building 1, Moscow (3,204 m²). Relief for 2021–2023 was obtained for separate periods. For 2021, the application to the inspectorate was filed on 9 June 2021; the court accepted the case on 29 November 2021 and gave judgment on 26 January 2022: the court proceedings took 1 month and 28 days. For 2022, the first notice of relief was on 8 August 2022, 5 months after the start on 4 March. For 2023, the first notice was on 17 May 2023, 2 months after the start on 9 March. The saving is RUB 27.1 million.

Cadastral number: 77:01:0001040:2383

Exclusion from Moscow's Cadastral Property Tax List

037

Administrative building

2022

Malaya Kaluzhskaya Street, 15, Building 16, Moscow

Tax Savings*

RUB 26.5 million

Administrative building·6,809 m²·2 properties

Administrative building at Malaya Kaluzhskaya Street, 15, Building 16, Moscow (6,809 m², 2 properties). The project started in May 2022. As a result of the project, the client secured the exclusion of the properties from Moscow's cadastral property tax list for 2022. Property tax before removal — RUB 26,547,738. After removal, the tax is calculated without using the cadastral value.

Tax before removal
26 547 738 ₽

Cadastral number: 77:05:0001009:1104; 77:05:0001009:7725

Property Tax Relief and Exemptions

038

MFC «Park Huaming»

2023

Vilgelma Pika Street, 16, Moscow

Tax Savings*

RUB 25 million

Multifunctional complex·100,000 m²

MFC «Park Huaming» at Vilgelma Pika Street, 16, Moscow (100,000 m²). The project started in December 2023. After 1 year, the client secured property tax relief for 2023. Saving — RUB 25 million.

Cadastral number: 77:02:0018002:1338

Property Tax Relief and Exemptions

039

Apartments «Roza Rossa»

2021–2023

Zubovskaya Street, 7, Building 1, Moscow

Tax Savings*

RUB 25 million

Apartments·10,646 m²·2 properties

Apartments «Roza Rossa» at Zubovskaya Street, 7, Building 1, Moscow (10,646 m², 2 properties). The project started in May 2021. As a result of the project, the client secured property tax relief for 2021–2023. Saving — RUB 25 million.

Cadastral number: 77:01:0005014:1044; 77:01:0005014:1045

Exclusion from Moscow's Cadastral Property Tax List

040

Administrative building

2022

Malyy Znamenskiy Lane, 3/5, Building 9, Moscow

Tax Savings*

RUB 23.2 million

Administrative building·1,308 m²

Administrative building at Malyy Znamenskiy Lane, 3/5, Building 9, Moscow (1,308 m²). The project started in April 2022. After 1 year and 3 months, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2022. Property tax before removal — RUB 26,071,502, after removal — RUB 2,910,851. Thereafter the tax is calculated without using the cadastral value. By a judgment of the Moscow City Court No. 3a-5705/2023 the property was removed from the list.

Tax before removal
26 071 502 ₽
Tax after removal
2 910 851 ₽

Cadastral number: 77:01:0001018:1077

Cadastral Valuation Appeals

041

BC «Noev Kovcheg»

2022, 2024

Podkopaevskiy Lane, 4, Moscow

Tax Savings*

RUB 21.8 million

Business centre·10,645 m²·6 properties

BC Noev Kovcheg at Podkopaevsky Lane, 4, Moscow (10,645 m², 6 properties). Two separate proceedings. For the value as at 1 January 2021, the application was filed on 19 April 2022 and the Moscow City Court gave judgment on 11 September 2023 in case 3a-810/2023: the court proceedings took 16 months and 23 days, and the cadastral value was set at market value. For the value as at 1 January 2023, the application was filed on 18 April 2024 and the judgment of 3 July 2025 in case 3a-207/2025: the court proceedings took 14 months and 15 days, and the value applies from 1 January 2024. The cadastral value was reduced by RUB 398.8 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 398.8 million

Cadastral number: 77:01:0001022:1942; 77:01:0001022:1982; 77:01:0001022:1216 and 3 more

Cadastral Valuation Appeals

042

BC «Donskoy»

2022

5th Donskoy Passage, 15, Building 3, Moscow

Tax Savings*

RUB 21.7 million

Business centre·12,432 m²·4 properties

BC «Donskoy» at 5th Donskoy Passage, 15, Building 3, Moscow (12,432 m², 4 properties). The project started in February 2022. After 1 year and 5 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 161.4 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 161.4 million

Cadastral number: 77:05:0001010:1122; 77:05:0001010:1093; 77:05:0001010:1123 and 1 more

Correction of Errors in Cadastral Valuations

043

BC «Romanov Dvor»

2023

Romanov Lane, 2, Building 1, Moscow

Tax Savings*

RUB 20.8 million

Business centre·12,085 m²

BC «Romanov Dvor» at Romanov Lane, 2, Building 1, Moscow (12,085 m²). The project started in April 2023. After 1 month, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 791.3 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 791.3 million

Cadastral number: 77:01:0001004:1040

Correction of Errors in Cadastral Valuations

044

BC «Avilon Plaza»

2023

Volgogradskiy Avenue, 43, Building 3, Moscow

Tax Savings*

RUB 20 million

Business centre·45,807 m²

BC «Avilon Plaza» at Volgogradskiy Avenue, 43, Building 3, Moscow (45,807 m²). The project started in March 2023. After 1 month, the client secured the correction of a cadastral valuation error as at 1 January 2021. Judgment of 13 April 2023. The cadastral value was reduced by RUB 513.6 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 513.6 million

Cadastral number: 77:04:0002004:2319

Cadastral Valuation Appeals

045

Land plot

2022–2023

3rd Ugreshskiy Passage, Plot 6, Moscow

Tax Savings*

RUB 19.4 million

Land plot·40,980 m²

Land plot at 3rd Ugreshsky Passage, Plot 6, Moscow (40,980 m²). Two separate proceedings. For the value as at 1 January 2021, covering the whole of 2022: application of 17 March 2022, Moscow City Court judgment of 10 August 2023 in case 3a-429/2023, court proceedings of 16 months and 24 days. For the value as at 1 January 2022: application of 21 June 2023, judgment of 19 December 2023 in case 3a-5584/2023, in force on 13 February 2024 — 7 months and 23 days. The saving of RUB 19.4 million is made up of two full years at the rate of 1.5%: RUB 13.4 million and RUB 6.1 million. The cadastral value was reduced by RUB 1.3 billion. The land rent was recalculated from the value as determined.

Reduction of cadastral value
RUB 1.3 billion

Cadastral number: 77:04:0003003:127

Exclusion from Moscow's Cadastral Property Tax List

046

Administrative building

2022

Bolshaya Pochtovaya Street, 18, Building 6, Moscow

Tax Savings*

RUB 19.1 million

Administrative building·2,886 m²·2 properties

Administrative building at Bolshaya Pochtovaya Street, 18, Building 6, Moscow (2,886 m², 2 properties). The project started in April 2022. After 1 year and 6 months, the client secured the exclusion of the properties from Moscow's cadastral property tax list for 2022. Property tax before removal — RUB 24,243,414, after removal — RUB 5,142,276. Thereafter the tax is calculated without using the cadastral value. By judgments of the Moscow City Court No. 3a-0829/2025 and No. 3a-1684/2026 the properties were removed from the list.

Tax before removal
24 243 414 ₽
Tax after removal
5 142 276 ₽

Cadastral number: 77:01:0003027:1021; 77:01:0003027:2838

Cadastral Valuation Appeals

047

Administrative building

2019–2020

Bolshoy Kislovskiy Lane, 11, Moscow

Tax Savings*

RUB 18.9 million

Administrative building·8,404 m²·4 properties

Administrative building at Bolshoy Kislovskiy Lane, 11, Moscow (8,404 m², 4 properties). The project started in April 2019. After 1 year and 5 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2019 and 1 January 2020. Property tax was recalculated from the value as determined. Saving — RUB 18.9 million.

Cadastral number: 77:01:0001045:1025; 77:01:0001045:2966; 77:01:0001045:2967 and 1 more

Challenging regulatory acts

048

Administrative building

2016

Gilyarovskogo Street, 42, Moscow

Tax Savings*

RUB 18.4 million

Administrative building·10,159 m²·3 properties

Administrative building at Gilyarovskogo Street, 42, Moscow (10,159 m², 3 properties). The project started in October 2018. After 8 months, the client successfully challenged the application of Moscow Government Resolution No. 937-PP of 26 December 2016 to the property. Saving — RUB 18.4 million.

Cadastral number: 77:01:0003049:1052; 77:01:0003049:2666; 77:01:0003049:2663

Correction of Errors in Cadastral Valuations

049

Administrative building

2022

Bolshoy Savvinskiy Lane, 12, Building 16, Moscow

Tax Savings*

RUB 17.2 million

Administrative building·18,196 m²

Administrative building at Bolshoy Savvinskiy Lane, 12, Building 16, Moscow (18,196 m²). The project started in October 2022. After 4 days, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 336.4 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 336.4 million

Cadastral number: 77:01:0005006:1096

Cadastral Valuation Appeals

050

Land plot

2021

1st Karacharovskaya Street, Plot 8, Moscow

Tax Savings*

RUB 16.9 million

Land plot·147,440 m²

Land plot at 1st Karacharovskaya Street, Plot 8, Moscow (147,440 m²). The project started in December 2021. After 1 year and 5 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2021. The cadastral value was reduced by RUB 1.12 billion. The land rent was recalculated from the value as determined.

Reduction of cadastral value
RUB 1.12 billion

Cadastral number: 77:04:0002001:2

Correction of Errors in Cadastral Valuations

051

BC 1905 Goda

2023

1st Zemelnyy Lane, 1, Moscow

Tax Savings*

RUB 16.8 million

Business centre·39,217 m²

BC 1905 Goda at 1st Zemelnyy Lane, 1, Moscow (39,217 m²). The project started in March 2023. After 3 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 679.2 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 679.2 million

Cadastral number: 77:01:0004025:2632

Correction of Errors in Cadastral Valuations

052

BC «Comcity»

2024

22nd kilometre of Kievskoe Highway, 6A, Building 1, Moscow

Tax Savings*

RUB 16.7 million

Business centre·93,595 m²

BC «Comcity» at 22nd kilometre of Kievskoe Highway, 6A, Building 1, Moscow (93,595 m²). The project started in May 2024. After 2 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 417.4 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 417.4 million

Cadastral number: 77:17:0000000:17908

Challenging regulatory acts

053

Administrative building

2016

Bolshoy Kislovskiy Lane, 13, Moscow

Tax Savings*

RUB 16.5 million

Administrative building·4,950 m²

Administrative building at Bolshoy Kislovskiy Lane, 13, Moscow (4,950 m²). The project started in April 2019. After 9 months, the client successfully challenged the application of Moscow Government Resolution No. 937-PP of 26 December 2016 to the property. Saving — RUB 16.5 million.

Cadastral number: 77:01:0001045:1024

Property Tax Relief and Exemptions

054

Administrative building

2022–2023

Stolyarnyy Lane, 3, Building 3, Moscow

Tax Savings*

RUB 16.2 million

Administrative building·4,211 m²

Administrative building at Stolyarnyy Lane, 3, Building 3, Moscow (4,211 m²). The project started in March 2022. As a result of the project, the client secured property tax relief for 2022–2023. Saving — RUB 16.2 million.

Cadastral number: 77:01:0004023:1069

Cadastral Valuation Appeals

055

SC «Ekstrim»

2022

Smolnaya Street, 63B, Moscow

Tax Savings*

RUB 15.9 million

Shopping centre·23,872 m²·3 properties

SC «Ekstrim» at Smolnaya Street, 63B, Moscow (23,872 m², 3 properties). The project started in May 2022. After 1 year and 2 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 275.7 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 275.7 million

Cadastral number: 77:09:0001006:11535; 77:09:0001006:1086; 77:09:0001006:10

Correction of Errors in Cadastral Valuations

056

BC «Daev Plaza»

2024

Daev Lane, 20, Moscow

Tax Savings*

RUB 15.7 million

Business centre·13,060 m²

BC «Daev Plaza» at Daev Lane, 20, Moscow (13,060 m²). The project started in March 2024. After 1 month, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 397.8 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 397.8 million

Cadastral number: 77:01:0001086:1045

Correction of Errors in Cadastral Valuations

057

CEC «MIR, concert hall»

2023

Tsvetnoy Boulevard, 11, Building 2, Moscow

Tax Savings*

RUB 15.7 million

Cultural and entertainment complex·5,810 m²

CEC «MIR, concert hall» at Tsvetnoy Boulevard, 11, Building 2, Moscow (5,810 m²). The project started in June 2023. After 1 month and 14 days, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 67.4 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 67.4 million

Cadastral number: 77:01:0001093:1082

Cadastral Valuation Appeals

058

Land plot

2022–2023

Bolshaya Pereyaslavskaya Street, Plot 46, Building 1, 2, 3, 4, 6, 7, 8, 9, 10, 11, Moscow

Tax Savings*

RUB 15.5 million

Land plot·9,608 m²·2 properties

Land plot at Bolshaya Pereyaslavskaya Street, Plot 46, Building 1, 2, 3, 4, 6, 7, 8, 9, 10, 11, Moscow (9,608 m², 2 properties). The project started in March 2022. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2022 and 1 January 2023. The cadastral value was reduced by RUB 295.8 million. The land rent and the property tax on the building were recalculated from the value as determined.

Reduction of cadastral value
RUB 295.8 million

Cadastral number: 77:01:0003053:85; 77:01:0003053:1033

Cadastral Valuation Appeals

059

BC «Bastion-Kapital»

2022

Dobrolyubova Street, 3, Building 1, Moscow

Tax Savings*

RUB 15.4 million

Business centre·14,100 m²

BC «Bastion-Kapital» at Dobrolyubova Street, 3, Building 1, Moscow (14,100 m²). The project started in January 2022. After 1 year and 4 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. Property tax was recalculated from the value as determined. Saving — RUB 15.4 million.

Cadastral number: 77:02:0021004:1042

Cadastral Valuation Appeals

060

Land plot

2022–2023

73rd kilometre of the Moscow Ring Road, Plot 7, Moscow

Tax Savings*

RUB 15.2 million

Land plot·46,408 m²

Land plot at 73rd kilometre of the Moscow Ring Road, Plot 7, Moscow (46,408 m²). The project started in March 2022. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2022 and 1 January 2023. The cadastral value was reduced by RUB 1.01 billion. The land rent was recalculated from the value as determined.

Reduction of cadastral value
RUB 1.01 billion

Cadastral number: 77:08:0001015:1

Cadastral Valuation Appeals

061

SC «Mayak»

2022–2023

Krasnogo Mayaka Street, 15A, Building 1, Moscow

Tax Savings*

RUB 14.6 million

Shopping centre·7,574 m²

SC «Mayak» at Krasnogo Mayaka Street, 15A, Building 1, Moscow (7,574 m²). The project started in January 2022. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2022 and 1 January 2023. The cadastral value was reduced by RUB 366.1 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 366.1 million

Cadastral number: 77:05:0007006:1068

Cadastral Valuation Appeals

062

BC «The Yard»

2022

1st Magistralnyy Passage, 11, Building 1, Moscow

Tax Savings*

RUB 14.5 million

Business centre·14,259 m²·3 properties

BC «The Yard» at 1st Magistralnyy Passage, 11, Building 1, Moscow (14,259 m², 3 properties). The project started in January 2022. After 1 year and 1 month, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 242.2 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 242.2 million

Cadastral number: 77:09:0005016:1054; 77:09:0005016:2728; 77:09:0005016:119

Property Tax Relief and Exemptions

063

Warehouse «Siti-Boks»

2021–2023

Varshavskoe Highway, 125, Building 18, Moscow

Tax Savings*

RUB 14.2 million

Warehouse·4,728 m²

Warehouse «Siti-Boks» at Varshavskoe Highway, 125, Building 18, Moscow (4,728 m²). The project started in May 2021. As a result of the project, the client secured property tax relief for 2021–2023. Saving — RUB 14.2 million.

Cadastral number: 77:05:0006005:1118

Cadastral Valuation Appeals

064

SC «Pyatnitskiy»

2021, 2024

Pyatnitskiy Lane, 2, Moscow

Tax Savings*

RUB 14.1 million

Shopping centre·3,882 m²·4 properties

SC «Pyatnitskiy» at Pyatnitskiy Lane, 2, Moscow (3,882 m², 4 properties). The project started in November 2021. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2021 and 1 January 2024. The cadastral value was reduced by RUB 335.9 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 335.9 million

Cadastral number: 77:01:0002018:1020; 77:01:0002018:2595; 77:01:0002018:2596 and 1 more

Challenging regulatory acts

065

Administrative building

2016

Vetkina Street, 4, Moscow

Tax Savings*

RUB 14.1 million

Administrative building·20,718 m²

Administrative building at Vetkina Street, 4, Moscow (20,718 m²). The project started in March 2017. As a result of the project, the client successfully challenged the application of Moscow Government Resolution No. 937-PP of 26 December 2016 to the property. Saving — RUB 14.1 million. The assessment was revised by judgments of the Moscow City Court No. 3a-4071/2020 and No. 3a-4582/2023.

Cadastral Valuation Appeals

066

Business centre

2023

Vspolnyy Lane, 19, Moscow

Tax Savings*

RUB 13.3 million

Business centre·6,810 m²·2 properties

Business centre at Vspolnyy Lane, 19, Moscow (6,810 m², 2 properties). The project started in November 2023. After 1 year and 6 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2023. The cadastral value was reduced by RUB 332.4 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 332.4 million

Cadastral number: 77:01:0001066:1020; 77:01:0001066:2128

Exclusion from Moscow's Cadastral Property Tax List

067

Cultural institution «Alexandr»

2021

Quarter 89, 16, Moscow

Tax Savings*

RUB 13 million

Cultural institution·3,479 m²

Cultural institution «Alexandr» at Quarter 89, 16, Moscow (3,479 m²). The project started in August 2021. As a result of the project, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2021. Property tax before removal — RUB 12,959,909. After removal, the tax is calculated without using the cadastral value. By a judgment of the Moscow City Court No. 3a-2468/2021 the property was removed from the list.

Tax before removal
12 959 909 ₽

Cadastral number: 50:26:0170704:323

Correction of Errors in Cadastral Valuations

068

BC «Neo Geo»

2022

Butlerova Street, 17, Moscow

Tax Savings*

RUB 12.6 million

Business centre·124,650 m²·31 properties

BC «Neo Geo» at Butlerova Street, 17, Moscow (124,650 m², 31 properties). The project started in October 2022. After 2 months, the client secured the correction of a cadastral valuation error. The property's tax liability was reduced. Saving — RUB 12.6 million.

Cadastral number: 77:06:0008001:1031; 77:06:0008001:3206; 77:06:0008001:3207 and 28 more

Exclusion from Moscow's Cadastral Property Tax List

069

Administrative building

2017–2022

1st Koptelskiy Lane, 18, Building 1, Moscow

Tax Savings*

RUB 12.5 million

Administrative building·798 m²

Administrative building at 1st Koptelskiy Lane, 18, Building 1, Moscow (798 m²). The project started in March 2022. After 6 months, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2017–2022. Property tax before removal — RUB 12,539,735. After removal, the tax is calculated without using the cadastral value.

Tax before removal
12 539 735 ₽

Cadastral number: 77:01:0003042:1088

Exclusion from Moscow's Cadastral Property Tax List

070

Administrative building

2017–2022

Tovarishcheskiy Lane, 10, Building 1, Moscow

Tax Savings*

RUB 12.5 million

Administrative building·947 m²

Administrative building at Tovarishcheskiy Lane, 10, Building 1, Moscow (947 m²). The project started in March 2022. After 7 months, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2017–2022. Property tax before removal — RUB 12,492,576. After removal, the tax is calculated without using the cadastral value.

Tax before removal
12 492 576 ₽

Cadastral number: 77:01:0006025:1022

Cadastral Valuation Appeals

071

Land plot

2022

Nagatinskaya Street, land plot 1/1, Moscow

Tax Savings*

RUB 12.3 million

Land plot·9,992 m²·14 properties

Land plot at Nagatinskaya Street, land plot 1/1, Moscow (9,992 m², 14 properties). The project started in June 2022. After 1 year and 1 month, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 18.2 million. The land rent and the property tax on the buildings were recalculated from the value as determined.

Reduction of cadastral value
RUB 18.2 million

Cadastral number: 77:05:0004001:2106; 77:05:0004001:1022; 77:05:0004001:1024 and 11 more

Correction of Errors in Cadastral Valuations

072

Retail and warehouse complex

2022

1st Dubrovskaya Street, 13A, Building 1, Moscow

Tax Savings*

RUB 12.2 million

Retail and warehouse complex·25,378 m²

retail and warehouse complex at 1st Dubrovskaya Street, 13A, Building 1, Moscow (25,378 m²). The project started in October 2022. After 3 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 312.3 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 312.3 million

Cadastral number: 77:04:0001019:1172

Challenging regulatory acts

073

Business centre

2016

Stoleshnikov Lane, 14, Moscow

Tax Savings*

RUB 12.1 million

Business centre·5,942 m²·7 properties

Business centre at Stoleshnikov Lane, 14, Moscow (5,942 m², 7 properties). The project started in June 2018. As a result of the project, the client successfully challenged the application of Moscow Government Resolution No. 937-PP of 26 December 2016 to the property. Saving — RUB 12.1 million.

Cadastral number: 77:01:0001042:1010; 77:01:0001042:2159; 77:01:0001042:2160 and 4 more

Property Tax Relief and Exemptions

074

BC «Dmitrovskiy»

2022

Novodmitrovskaya Street, 2B, Moscow

Tax Savings*

RUB 12 million

Business centre·21,349 m²

BC «Dmitrovskiy» at Novodmitrovskaya Street, 2B, Moscow (21,349 m²). The project started in March 2022. After 11 months, the client secured property tax relief for 2022. Saving — RUB 12 million.

Cadastral number: 77:02:0021006:2121

Property Tax Relief and Exemptions

075

Residential building «multifunctional residential complex»

2024

Karamyshevskaya Embankment, 2A, Moscow

Tax Savings*

RUB 11.9 million

Residential building·138,768 m²·5 properties

Residential building «multifunctional residential complex» at Karamyshevskaya Embankment, 2A, Moscow (138,768 m², 5 properties). The project started in July 2024. After 5 months, the client secured property tax relief for 2024. Saving — RUB 11.9 million.

Cadastral number: 77:08:0010013:3962; 77:08:0010013:5143; 77:08:0010013:5144 and 2 more

Property Tax Relief and Exemptions

076

Cultural institution «Rassvet, House of Culture»

2023–2024

Stolyarnyy Lane, 3, Building 15, Moscow

Tax Savings*

RUB 11.8 million

Cultural institution·5,094 m²·9 properties

Cultural institution «Rassvet, House of Culture» at Stolyarnyy Lane, 3, Building 15, Moscow (5,094 m², 9 properties). The project started in July 2023. After 1 year and 5 months, the client secured property tax relief for 2023–2024. Saving — RUB 11.8 million.

Cadastral number: 77:01:0004023:1036; 77:01:0004023:1023; 77:01:0004023:1026 and 6 more

Cadastral Valuation Appeals

077

Business centre

2022

Verkhnyaya Krasnoselskaya Street, 2/1, Building 1, Moscow

Tax Savings*

RUB 11.3 million

Business centre·12,638 m²

Business centre at Verkhnyaya Krasnoselskaya Street, 2/1, Building 1, Moscow (12,638 m²). The project started in December 2022. After 7 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 290.8 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 290.8 million

Cadastral number: 77:01:0003037:1016

Exclusion from Moscow's Cadastral Property Tax List

078

Administrative building

2015–2021

Bolshaya Nikitskaya Street, 24/1, Building 5, Moscow

Tax Savings*

RUB 10.9 million

Administrative building·2,742 m²·2 properties

Administrative building at Bolshaya Nikitskaya Street, 24/1, Building 5, Moscow (2,742 m², 2 properties). The project started in November 2021. After 1 year, the client secured the exclusion of the properties from Moscow's cadastral property tax list for 2015–2021. Property tax before removal — RUB 10,905,420. After removal, the tax is calculated without using the cadastral value. By a judgment of the Moscow City Court No. 3a-4701/2023 the properties were removed from the list.

Tax before removal
10 905 420 ₽

Cadastral number: 77:01:0001069:1075; 77:01:0001069:4868

Correction of Errors in Cadastral Valuations

079

BC «Capital tower»

2022

1st Brestskaya Street, 29, Moscow

Tax Savings*

RUB 10.9 million

Business centre·14,660 m²

BC «Capital tower» at 1st Brestskaya Street, 29, Moscow (14,660 m²). The project started in October 2022. After 2 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 279 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 279 million

Cadastral number: 77:01:0004012:1029

Cadastral Valuation Appeals

080

Land plot

2018–2020

Stavropolskaya Street, Plot 41, Moscow

Tax Savings*

RUB 10.8 million

Land plot·8,600 m²·4 properties

Land plot at Stavropolskaya Street, Plot 41, Moscow (8,600 m², 4 properties). The project started in August 2018. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2018, 1 January 2019 and 1 January 2020. By a judgment of the Moscow City Court No. 3a-996/2020 the cadastral value was set as at 1 January 2019. The cadastral value was reduced by RUB 122.3 million. The land rent was recalculated from the value as determined.

Reduction of cadastral value
RUB 122.3 million

Cadastral number: 77:04:0004006:14045; 77:04:0004006:14048; 77:04:0004006:14046 and 1 more

Correction of Errors in Cadastral Valuations

081

Shop «Detskiy GUM»

2023

Vetoshnyy Lane, 17, Moscow

Tax Savings*

RUB 10.6 million

Shop·6,005 m²

Shop «Detskiy GUM» at Vetoshnyy Lane, 17, Moscow (6,005 m²). The project started in February 2023. After 4 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 271.3 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 271.3 million

Cadastral number: 77:01:0001009:1004

Cadastral Valuation Appeals

082

GES-2

2017

Yakimanka, Bersenevskaya Embankment, 16, Building 5, Moscow

Tax Savings*

RUB 10.6 million

Cultural institution·6,244 m²

GES-2 at Bersenevskaya Embankment, 16, Building 5, Yakimanka, Moscow (6,244 m²). The client obtained a court ruling of the Moscow City Court No. 3a-2084/2017, by which the cadastral value was set at market value as at 1 January 2017. The cadastral value was reduced by RUB 755.7 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 755.7 million
2017
1,585,778,268 → RUB 830,077,000. Tax saving for that year: RUB 10,579,818

Saving on GES-2 — property tax for the year of each judgment. In that year the property was on the list; the rate is taken from Moscow City Law No. 64: 2017 — RUB 10,579,818.

Cadastral number: 77:01:0002020:1035

Property Tax Relief and Exemptions

083

Administrative building

2021–2023

Bolshoy Levshinskiy Lane, 1/11, Moscow

Tax Savings*

RUB 10.4 million

Administrative building·1,498 m²

Administrative building at Bolshoy Levshinskiy Lane, 1/11, Moscow (1,498 m²). The project started in May 2021. As a result of the project, the client secured property tax relief for 2021–2023. Saving — RUB 10.4 million.

Cadastral number: 77:01:0001049:1061

Correction of Errors in Cadastral Valuations

084

Administrative building “MOEX NSD — National Settlement Depository”

2022

Spartakovskaya Street, 12, Moscow

Tax Savings*

RUB 10.4 million

Administrative building·13,926 m²

Administrative building “MOEX NSD — National Settlement Depository” at Spartakovskaya Street, 12, Moscow (13,926 m²). The project started in July 2022. After 4 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 386.1 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 386.1 million

Cadastral number: 77:01:0003017:3640

Cadastral Valuation Appeals

085

Business centre

2022, 2024

Malyy Ivanovskiy Lane, 7-9, Building 1, Moscow

Tax Savings*

RUB 10.3 million

Business centre·2,389 m²·3 properties

Business centre at Malyy Ivanovskiy Lane, 7-9, Building 1, Moscow (2,389 m², 3 properties). The project started in March 2022. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2022 and 1 January 2024. The cadastral value was reduced by RUB 84.6 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 84.6 million

Cadastral number: 77:01:0001022:1005; 77:01:0001022:1955; 77:01:0001022:1956

Cadastral Valuation Appeals

086

Residential building

2021–2023

Sokolnicheskaya Square, 9, Moscow

Tax Savings*

RUB 10.1 million

Residential building·39,134 m²·3 properties

Residential building at Sokolnicheskaya Square, 9, Moscow (39,134 m², 3 properties). The project started in January 2021. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2021, 1 January 2022 and 1 January 2023. The cadastral value was reduced by RUB 239.6 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 239.6 million

Cadastral number: 77:03:0003005:1048; 77:03:0003005:6385; 77:03:0003005:7090

Cadastral Valuation Appeals

087

GDK «Garden Embassy»

2019–2020

Botanicheskiy Lane, 5, Moscow

Tax Savings*

RUB 10.1 million

Hotel and business complex·14,013 m²·7 properties

GDK «Garden Embassy» at Botanicheskiy Lane, 5, Moscow (14,013 m², 7 properties). The project started in October 2019. After 1 year and 4 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2019 and 1 January 2020. Property tax was recalculated from the value as determined. Saving — RUB 10.1 million.

Cadastral number: 77:01:0003050:1058; 77:01:0003050:1071; 77:01:0003050:1070 and 4 more

Cadastral Valuation Appeals

088

Car showroom

2017–2020

Stavropolskaya Street, 41, Moscow

Tax Savings*

RUB 9.9 million

Car showroom·5,485 m²·2 properties

Car showroom at Stavropolskaya Street, 41, Moscow (5,485 m², 2 properties). The project started in June 2017. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January of each year from 2017 to 2020. By a judgment of the Moscow City Court No. 3a-331/2020 the cadastral value was set as at 1 January 2018. The cadastral value was reduced by RUB 216.7 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 216.7 million

Cadastral number: 77:04:0004006:1370; 77:04:0004006:13863

Property Tax Relief and Exemptions

089

Hotel

2019–2020

Varshavskoe Highway, 9, Moscow

Tax Savings*

RUB 9.9 million

Hotel·4,521 m²

Hotel at Varshavskoe Highway, 9, Moscow (4,521 m²). The project started in May 2021. After 8 months, the client secured property tax relief for 2019–2020. Saving — RUB 9.9 million.

Cadastral number: 77:05:0001020:4321

Exclusion from Moscow's Cadastral Property Tax List

090

Residential building «multifunctional residential complex»

2022

Karamyshevskaya Embankment, 2A, Moscow

Tax Savings*

RUB 9.8 million

Residential building·138,768 m²·3 properties

Residential building «multifunctional residential complex» at Karamyshevskaya Embankment, 2A, Moscow (138,768 m², 3 properties). The project started in March 2022. After 7 months, the client secured the exclusion of the properties from Moscow's cadastral property tax list for 2022. Property tax before removal — RUB 15,453,773, after removal — RUB 5,618,241. Thereafter the tax is calculated without using the cadastral value.

Tax before removal
15 453 773 ₽
Tax after removal
5 618 241 ₽

Cadastral number: 77:08:0010013:3962; 77:08:0010013:4280; 77:08:0010013:4304

Property Tax Relief and Exemptions

091

BC «Platinum»

2022

Kotlyakovskaya Street, 3, Building 13, Moscow

Tax Savings*

RUB 9.8 million

Business centre·17,222 m²·2 properties

BC «Platinum» at Kotlyakovskaya Street, 3, Building 13, Moscow (17,222 m², 2 properties). The project started in February 2022. After 1 month, the client secured property tax relief for 2022. Saving — RUB 9.8 million.

Cadastral number: 77:05:0005003:1239; 77:05:0005003:6008

Challenging regulatory acts

092

SC «Nautilus»

2018

Nikolskaya Street, 25, Moscow

Tax Savings*

RUB 9.8 million

Shopping centre·6,680 m²·2 properties

SC «Nautilus» at Nikolskaya Street, 25, Moscow (6,680 m², 2 properties). The project started in March 2018. As a result of the project, the client successfully challenged the application of Moscow Government Resolution No. 937-PP of 26 December 2016 to the property. Saving — RUB 9.8 million.

Cadastral number: 77:01:0001008:1008; 77:01:0001008:3466

Cadastral Valuation Appeals

093

Business centre

2021

Zorge Street, 1, Moscow

Tax Savings*

RUB 9.7 million

Business centre·9,148 m²·3 properties

Business centre at Zorge Street, 1, Moscow (9,148 m², 3 properties). The project started in November 2021. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2021. The cadastral value was reduced by RUB 143.8 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 143.8 million

Cadastral number: 77:09:0005005:1086; 77:09:0005005:8591; 77:09:0005005:8592

Correction of Errors in Cadastral Valuations

094

SEC «MARI»

2024

Porechnaya Street, 10, Moscow

Tax Savings*

RUB 9.6 million

Shopping and entertainment centre·135,000 m²·3 properties

SEC «MARI» at Porechnaya Street, 10, Moscow (135,000 m², 3 properties). The project started in June 2024. After 3 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 240.1 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 240.1 million

Cadastral number: 77:04:0004027:12391; 77:04:0004027:12394; 77:04:0004027:12392

Cadastral Valuation Appeals

095

Administrative building

2019–2020

Bolshoy Kislovskiy Lane, 13, Moscow

Tax Savings*

RUB 9.6 million

Administrative building·4,950 m²

Administrative building at Bolshoy Kislovskiy Lane, 13, Moscow (4,950 m²). The project started in March 2019. After 1 year and 6 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2019 and 1 January 2020. The cadastral value was reduced by RUB 289.4 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 289.4 million

Cadastral number: 77:01:0001045:1024

Correction of Errors in Cadastral Valuations

096

Business centre

2022

Skladochnaya Street, 3, Building 1, Moscow

Tax Savings*

RUB 9.4 million

Business centre·24,208 m²·2 properties

Business centre at Skladochnaya Street, 3, Building 1, Moscow (24,208 m², 2 properties). The project started in January 2022. After 5 months and 16 days, the client secured the correction of a cadastral valuation error. Judgment of 7 July 2022. The cadastral value was reduced by RUB 126.4 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 126.4 million

Cadastral number: 77:02:0021006:1110; 77:02:0021006:1067

Correction of Errors in Cadastral Valuations

097

BC «Golden Gate»

2022

Entuziastov Boulevard, 2, Moscow

Tax Savings*

RUB 9.3 million

Business centre·46,719 m²

BC «Golden Gate» at Entuziastov Boulevard, 2, Moscow (46,719 m²). The project started in July 2022. After 21 days, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 182.4 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 182.4 million

Cadastral number: 77:01:0006032:5822

Cadastral Valuation Appeals

098

SC «Pervomayskiy»

2017, 2019

9th Parkovaya Street, 62, Moscow

Tax Savings*

RUB 8.5 million

Shopping centre·31,006 m²·4 properties

SC Pervomaisky at 9th Parkovaya Street, 62, Moscow (31,006 m², 4 properties). The client obtained a court ruling of the Moscow City Court No. 3a-2576/2019, by which the cadastral value was set at market value as at 1 January 2017 and 1 January 2019. The cadastral value was reduced by RUB 600 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 600 million
2017
main premises: 2,489,517,843 → RUB 1,946,846,000. Tax saving for that year: RUB 7,597,406
2019
2,265,809,380 → RUB 2,208,486,000. Tax saving for that year: RUB 917,174

Saving on SC «Pervomayskiy» — property tax for the year of each judgment. In that year the property was on the list; the rate is taken from Moscow City Law No. 64: 2017 — RUB 7,597,406, 2019 — RUB 917,174.

Cadastral number: 77:03:0005011:1114; 77:03:0005011:7858; 77:03:0005011:72 and 1 more

Challenging regulatory acts

099

BC «Spektr»

2018

Vorontsovskaya Street, 20, Moscow

Tax Savings*

RUB 8.5 million

Business centre·8,409 m²

BC «Spektr» at Vorontsovskaya Street, 20, Moscow (8,409 m²). The project started in November 2018. After 1 year and 6 months, the client successfully challenged the application of Moscow Government Resolution No. 937-PP of 26 December 2016 to the property. Saving — RUB 8.5 million.

Cadastral number: 77:01:0006023:1110

Property Tax Relief and Exemptions

100

Cultural institution

2021

Solyanka Street, 7, Building 1, Moscow

Tax Savings*

RUB 8.5 million

Cultural institution·5,444 m²

Cultural institution at Solyanka Street, 7, Building 1, Moscow (5,444 m²). The project started in May 2021. After 2 months, the client secured property tax relief for 2021. Saving — RUB 8.5 million.

Cadastral number: 77:01:0001021:1058

Cadastral Valuation Appeals

101

Administrative building

2022

Lyusinovskaya Street, 27, Building 3, Moscow

Tax Savings*

RUB 8.2 million

Administrative building·5,105 m²

Administrative building at Lyusinovskaya Street, 27, Building 3, Moscow (5,105 m²). The project started in December 2022. After 10 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 209.5 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 209.5 million

Cadastral number: 77:01:0006012:1011

Challenging regulatory acts

102

BC «Svyatogor»

2016

Letnikovskaya Street, 10, Building 4, Moscow

Tax Savings*

RUB 7.4 million

Business centre·32,039 m²·2 properties

BC «Svyatogor» at Letnikovskaya Street, 10, Building 4, Moscow (32,039 m², 2 properties). The project started in November 2018. As a result of the project, the client successfully challenged the application of Moscow Government Resolution No. 937-PP of 26 December 2016 to the property. Saving — RUB 7.4 million.

Cadastral number: 77:01:0006017:1032; 77:01:0006017:3212

Cadastral Valuation Appeals

103

ROC «Snezhnaya»

2017–2018

Snezhnaya Street, 26, Moscow

Tax Savings*

RUB 7.3 million

Retail and office centre·23,323 m²

ROC «Snezhnaya» at Snezhnaya Street, 26, Moscow (23,323 m²). The project started in October 2017. After 1 year and 5 months, the client obtained a court ruling of the Moscow City Court No. 3a-0947/2018, by which the cadastral value was set at market value as at 1 January 2017 and 1 January 2018. The cadastral value was reduced by RUB 252.8 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 252.8 million

Cadastral number: 77:00:0000000:16086

Property Tax Relief and Exemptions

104

Administrative building

2024

Stolyarnyy Lane, 3, Building 1, Moscow

Tax Savings*

RUB 7.3 million

Administrative building·16,861 m²

Administrative building at Stolyarnyy Lane, 3, Building 1, Moscow (16,861 m²). The project started in April 2024. After 8 months, the client secured property tax relief for 2024. Saving — RUB 7.3 million.

Cadastral number: 77:01:0004023:1049

Property Tax Relief and Exemptions

105

Administrative building «Krasnaya Roza business quarter»

2021–2024

Timura Frunze Street, 11, Building 60A, Moscow

Tax Savings*

RUB 7.2 million

Administrative building·654 m²·2 properties

Administrative building «Krasnaya Roza business Quarter» at Timura Frunze Street, 11, Building 60A, Moscow (654 m², 2 properties). The project started in May 2021. As a result of the project, the client secured property tax relief for 2021–2024. Saving — RUB 7.2 million.

Cadastral number: 77:01:0005014:1056; 77:01:0005014:1018

Correction of Errors in Cadastral Valuations

106

Administrative building

2024

Bolshoy Strochenovskiy Lane, 5, Moscow

Tax Savings*

RUB 7.1 million

Administrative building·4,799 m²

Administrative building at Bolshoy Strochenovskiy Lane, 5, Moscow (4,799 m²). The project started in August 2024. After 3 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 177.7 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 177.7 million

Cadastral number: 77:01:0006013:1045

Exclusion from Moscow's Cadastral Property Tax List

107

Business centre

2022

Eniseyskaya Street, 37, Building 1, Moscow

Tax Savings*

RUB 7 million

Business centre·5,605 m²

Business centre at Eniseyskaya Street, 37, Building 1, Moscow (5,605 m²). The project started in August 2022. After 1 year and 6 months, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2022. Property tax before removal — RUB 9,600,220, after removal — RUB 2,611,229. Thereafter the tax is calculated without using the cadastral value.

Tax before removal
9 600 220 ₽
Tax after removal
2 611 229 ₽

Cadastral number: 77:02:0011003:1020

Cadastral Valuation Appeals

108

Business centre

2022

Gilyarovskogo Street, 57, Building 1, Moscow

Tax Savings*

RUB 7 million

Business centre·11,405 m²·3 properties

Business centre at Gilyarovskogo Street, 57, Building 1, Moscow (11,405 m², 3 properties). The project started in December 2022. After 1 year and 4 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 101.3 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 101.3 million

Cadastral number: 77:01:0003055:1023; 77:01:0003055:1018; 77:01:0003055:30

Cadastral Valuation Appeals

109

Business centre

2017–2018

Privolnaya Street, 8, Moscow

Tax Savings*

RUB 6.9 million

Business centre·6,146 m²

Business centre at Privolnaya Street, 8, Moscow (6,146 m²). The project started in October 2017. After 1 month, the client achieved a reduction of the cadastral value to market value as at 1 January 2017 and 1 January 2018. The cadastral value was reduced by RUB 236.7 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 236.7 million

Cadastral number: 77:04:0005002:1013

Correction of Errors in Cadastral Valuations

110

SEC Praym Plaza

2023

Kakhovka Street, 29A, Moscow

Tax Savings*

RUB 6.7 million

Shopping and entertainment centre·39,723 m²

SEC Praym Plaza at Kakhovka Street, 29A, Moscow (39,723 m²). The project started in April 2023. After 1 month, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 746.4 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 746.4 million

Cadastral number: 77:06:0004010:4873

Correction of Errors in Cadastral Valuations

111

Administrative building

2022

Bolshoy Demidovskiy Lane, 12, Moscow

Tax Savings*

RUB 6.6 million

Administrative building·6,205 m²

Administrative building at Bolshoy Demidovskiy Lane, 12, Moscow (6,205 m²). The project started in December 2021. After 4 months and 8 days, the client secured the correction of a cadastral valuation error. Judgment of 29 April 2022. The cadastral value was reduced by RUB 168.1 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 168.1 million

Cadastral number: 77:01:0003011:1094

Cadastral Valuation Appeals

112

Administrative building

2022

Nagatinskaya Street, 1, Building 14, Moscow

Tax Savings*

RUB 6.5 million

Administrative building·7,236 m²·4 properties

Administrative building at Nagatinskaya Street, 1, Building 14, Moscow (7,236 m², 4 properties). The project started in June 2022. After 1 year, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 158.7 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 158.7 million

Cadastral number: 77:05:0004001:1016; 77:05:0004001:1011; 77:05:0004001:2107 and 1 more

Cadastral Valuation Appeals

113

Administrative building

2017, 2018, 2019, 2020, 2022

Delegatskaya Street, 7, Building 1, Moscow

Tax Savings*

RUB 6.3 million

Administrative building·3,633 m²

Administrative building at Delegatskaya Street, 7, Building 1, Moscow (3,633 m²). The project started in August 2017. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2017, 1 January 2018, 1 January 2019, 1 January 2020 and 1 January 2022. By a judgment of the Moscow City Court No. 3a-766/2020 the cadastral value was set as at 1 January 2018. The cadastral value was reduced by RUB 201.2 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 201.2 million

Cadastral number: 77:01:0004002:5752

Exclusion from Moscow's Cadastral Property Tax List

114

Administrative building

2021

Bolshoy Demidovskiy Lane, 12, Moscow

Tax Savings*

RUB 6.1 million

Administrative building·6,205 m²

Administrative building at Bolshoy Demidovskiy Lane, 12, Moscow (6,205 m²). The project started in January 2021. After 1 year and 3 months, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2021. After removal, property tax is calculated without using the cadastral value. Saving — RUB 6.1 million. By a judgment of the Moscow City Court No. 3a-1347/2021 the property was removed from the list.

Cadastral number: 77:01:0003011:1094

Exclusion from Moscow's Cadastral Property Tax List

115

Business centre

2017–2021

Bolshoy Savvinskiy Lane, 10, Building 2A, Moscow

Tax Savings*

RUB 6.1 million

Business centre·607 m²

Business centre at Bolshoy Savvinskiy Lane, 10, Building 2A, Moscow (607 m²). The project started in June 2021. After 9 months, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2017–2021. After removal, property tax is calculated without using the cadastral value. Saving — RUB 6.1 million. By a judgment of the Moscow City Court No. 3a-2056/2021 the property was removed from the list.

Cadastral number: 77:01:0005006:1098

Property Tax Relief and Exemptions

116

BC «Moskovsky Silk»

2018

Savvinskaya Embankment, 25, Building 1, Moscow

Tax Savings*

RUB 6.1 million

Business centre·5,183 m²

BC «Moskovsky Silk» at Savvinskaya Embankment, 25, Building 1, Moscow (5,183 m²). The project started in April 2021. After 7 months, the client secured property tax relief for 2018. Saving — RUB 6.1 million.

Cadastral number: 77:01:0005006:6283

Exclusion from Moscow's Cadastral Property Tax List

117

Administrative building

2018–2021

Bolshaya Yakimanka Street, 7, Moscow

Tax Savings*

RUB 6 million

Administrative building·811 m²

Administrative building at Bolshaya Yakimanka Street, 7, Moscow (811 m²). The project started in October 2021. After 7 months, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2018–2021. Property tax before removal — RUB 5,968,769. After removal, the tax is calculated without using the cadastral value. By a judgment of the Moscow City Court No. 3a-466/2022 the property was removed from the list.

Tax before removal
5 968 769 ₽

Cadastral number: 77:01:0002015:1042

Correction of Errors in Cadastral Valuations

118

Land plot

2023

Malaya Semenovskaya Street, Plot 9, Moscow

Tax Savings*

RUB 5.8 million

Land plot·31,055 m²

Land plot at Malaya Semenovskaya Street, Plot 9, Moscow (31,055 m²). The project started in July 2023. After 1 month, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 194.8 million. The land rent went down.

Reduction of cadastral value
RUB 194.8 million

Cadastral number: 77:03:0003014:59

Correction of Errors in Cadastral Valuations

119

Administrative building

2022

Rybnikov Lane, 1, Moscow

Tax Savings*

RUB 5.6 million

Administrative building·3,480 m²

Administrative building at Rybnikov Lane, 1, Moscow (3,480 m²). The project started in July 2022. After 1 month, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 143.5 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 143.5 million

Cadastral number: 77:01:0001088:1026

Property Tax Relief and Exemptions

120

Administrative building

2022

Malyy Znamenskiy Lane, 3/5, Building 9, Moscow

Tax Savings*

RUB 5.6 million

Administrative building·1,308 m²

Administrative building at Malyy Znamenskiy Lane, 3/5, Building 9, Moscow (1,308 m²). The project started in April 2022. After 1 year and 2 months, the client secured property tax relief for 2022. Saving — RUB 5.6 million.

Cadastral number: 77:01:0001018:1077

Property Tax Relief and Exemptions

121

Warehouse «trade and exhibition building»

2021

Sosenki Village, 13D, Building 1, Moscow

Tax Savings*

RUB 5.5 million

Warehouse·4,957 m²·2 properties

Warehouse «trade and exhibition building» at Sosenki Village, 13D, Building 1, Moscow (4,957 m², 2 properties). The project started in April 2021. After 1 year, the client secured property tax relief for 2021. Saving — RUB 5.5 million.

Cadastral number: 77:17:0000000:8840; 50:21:0120106:1005

Cadastral Valuation Appeals

122

SEC «Raikin Plaza»

2017

Sheremetevskaya Street, 6, Building 1, Moscow

Tax Savings*

RUB 5.5 million

Shopping and entertainment centre·76,914 m²·4 properties

SEC Raikin Plaza at Sheremetyevskaya Street, 6, Building 1, Moscow (76,914 m², 4 properties). The client obtained a court ruling of the Moscow City Court No. 3a-1587/2017, by which the cadastral value was set at market value as at 1 January 2017. The cadastral value was reduced by RUB 389.5 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 389.5 million
2017
a reduction across the premises of the complex, in one case. Tax saving for that year: RUB 5,452,999

Saving on SEC «Raikin Plaza» — property tax for the year of each judgment. In that year the property was on the list; the rate is taken from Moscow City Law No. 64: 2017 — RUB 5,452,999.

Cadastral number: 77:02:0024020:1005; 77:02:0024020:1013; 77:02:0024020:1008 and 1 more

Cadastral Valuation Appeals

123

Land plot

2017–2018

Butyrskaya Street, land plot 76/1, Moscow

Tax Savings*

RUB 5.4 million

Land plot·5,744 m²

Land plot at Butyrskaya Street, land plot 76/1, Moscow (5,744 m²). The project started in October 2017. After 10 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2017 and 1 January 2018. The cadastral value was reduced by RUB 180 million. Land tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 180 million

Cadastral number: 77:02:0021015:189

Exclusion from Moscow's Cadastral Property Tax List

124

Administrative building

2022

Natashi Kovshovoy Street, 8, Moscow

Tax Savings*

RUB 5.4 million

Administrative building·990 m²

Administrative building at Natashi Kovshovoy Street, 8, Moscow (990 m²). The project started in April 2022. After 1 year and 5 months, the client secured the exclusion of the property from Moscow's cadastral property tax list for 2022. Property tax before removal — RUB 5,396,478. After removal, the tax is calculated without using the cadastral value. By a judgment of the Moscow City Court No. 3a-5533/2023 the property was removed from the list.

Tax before removal
5 396 478 ₽

Cadastral number: 77:07:0014001:1151

Property Tax Relief and Exemptions

125

Administrative building

2023

Stolyarnyy Lane, 3, Building 6, Moscow

Tax Savings*

RUB 5.3 million

Administrative building·6,572 m²

Administrative building at Stolyarnyy Lane, 3, Building 6, Moscow (6,572 m²). The project started in March 2023. After 4 months, the client secured property tax relief for 2023. Saving — RUB 5.3 million.

Cadastral number: 77:01:0004023:1129

Cadastral Valuation Appeals

126

Business centre

2022

Malaya Dmitrovka Street, 16, Building 6, Moscow

Tax Savings*

RUB 5.2 million

Business centre·2,275 m²

Business centre at Malaya Dmitrovka Street, 16, Building 6, Moscow (2,275 m²). The project started in December 2022. After 11 months, the client obtained a court ruling of the Moscow City Court No. 3a-4102/2023, by which the cadastral value was set at market value as at 1 January 2022. The cadastral value was reduced by RUB 132.6 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 132.6 million

Cadastral number: 77:01:0001096:2655

Property Tax Relief and Exemptions

127

Administrative building

2022

Yakimanskaya Embankment, 4/4, Building 2, Moscow

Tax Savings*

RUB 5.1 million

Administrative building·935 m²·2 properties

Administrative building at Yakimanskaya Embankment, 4/4, Building 2, Moscow (935 m², 2 properties). The project started in July 2022. After 1 year and 6 months, the client secured property tax relief for 2022. Saving — RUB 5.1 million.

Cadastral number: 77:01:0002015:1044; 77:01:0002015:66

Property Tax Relief and Exemptions

128

Administrative building

2021

Dubininskaya Street, 45, Moscow

Tax Savings*

RUB 4.6 million

Administrative building·2,528 m²

Administrative building at Dubininskaya Street, 45, Moscow (2,528 m²). The project started in May 2021. After 4 months, the client secured property tax relief for 2021. Saving — RUB 4.6 million.

Cadastral number: 77:01:0006016:1028

Challenging regulatory acts

129

BC «Spektr»

2016

Usacheva Street, 33, Building 1, Moscow

Tax Savings*

RUB 4.3 million

Business centre·5,203 m²

BC «Spektr» at Usacheva Street, 33, Building 1, Moscow (5,203 m²). The project started in November 2018. As a result of the project, the client successfully challenged the application of Moscow Government Resolution No. 937-PP of 26 December 2016 to the property. Saving — RUB 4.3 million. The assessment was revised by a judgment of the Moscow City Court No. 3a-1060/2021.

Cadastral number: 77:01:0005009:1031

Property Tax Relief and Exemptions

130

Business centre

2015–2016

Privolnaya Street, 8, Moscow

Tax Savings*

RUB 4.2 million

Business centre·6,146 m²

Business centre at Privolnaya Street, 8, Moscow (6,146 m²). The project started in March 2022. After 11 months, the client secured property tax relief for 2015–2016. Saving — RUB 4.2 million.

Cadastral number: 77:04:0005002:1013

Cadastral Valuation Appeals

131

Administrative building

2017–2020

1st Mitinskiy Lane, 15, Moscow

Tax Savings*

RUB 4.2 million

Administrative building·3,742 m²

Administrative building at 1st Mitinskiy Lane, 15, Moscow (3,742 m²). The project started in August 2017. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January of each year from 2017 to 2020. The cadastral value was reduced by RUB 140.8 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 140.8 million

Cadastral number: 77:08:0002017:1018

Property Tax Relief and Exemptions

132

Administrative building

2021

Michurinskiy Avenue, 49, Moscow

Tax Savings*

RUB 4.1 million

Administrative building·3,003 m²

Administrative building at Michurinskiy Avenue, 49, Moscow (3,003 m²). The project started in April 2021. After 1 year and 3 months, the client secured property tax relief for 2021. Saving — RUB 4.1 million.

Cadastral number: 77:07:0013006:1170

Cadastral Valuation Appeals

133

Administrative building

2022–2023

Kalanchevskaya Street, 6, Building 3, Moscow

Tax Savings*

RUB 3.9 million

Administrative building·2,472 m²

Administrative building at Kalanchevskaya Street, 6, Building 3, Moscow (2,472 m²). The project started in December 2021. After 1 year, the client achieved a reduction of the cadastral value to market value as at 1 January 2022 and 1 January 2023. The cadastral value was reduced by RUB 100.5 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 100.5 million

Cadastral number: 77:01:0003040:1026

Cadastral Valuation Appeals

134

Business centre

2023

Sibirskiy Passage, 2, Building 9, Moscow

Tax Savings*

RUB 3.9 million

Business centre·2,863 m²·3 properties

Business centre at Sibirskiy Passage, 2, Building 9, Moscow (2,863 m², 3 properties). The project started in December 2023. After 1 year and 2 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2023. The cadastral value was reduced by RUB 46.5 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 46.5 million

Cadastral number: 77:01:0006038:1010; 77:01:0006038:1022; 77:01:0006038:1035

Cadastral Valuation Appeals

135

BC «ProfTekhServis»

2022–2023

Vekovaya Street, 21, Building 1, Moscow

Tax Savings*

RUB 3.8 million

Business centre·4,588 m²

BC «ProfTekhServis» at Vekovaya Street, 21, Building 1, Moscow (4,588 m²). The project started in December 2021. After 10 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2022 and 1 January 2023. The cadastral value was reduced by RUB 97.8 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 97.8 million

Cadastral number: 77:01:0006030:1080

Property Tax Relief and Exemptions

136

Business centre

2022

1st Shchipkovskiy Lane, 5, Moscow

Tax Savings*

RUB 3.6 million

Business centre·3,383 m²·4 properties

Business centre at 1st Shchipkovskiy Lane, 5, Moscow (3,383 m², 4 properties). The project started in November 2022. After 7 months, the client secured property tax relief for 2022. Saving — RUB 3.6 million.

Cadastral number: 77:01:0006015:1039; 77:01:0006015:3657; 77:01:0006015:3629 and 1 more

Property Tax Relief and Exemptions

137

Cultural institution «Garage, Museum of Contemporary Art»

2023

Krymskiy Val Street, 9, Building 32, Moscow

Tax Savings*

RUB 3.6 million

Cultural institution·6,226 m²

Cultural institution «Garage, Museum of Contemporary Art» at Krymskiy Val Street, 9, Building 32, Moscow (6,226 m²). The project started in January 2023. After 5 months, the client secured property tax relief for 2023. Saving — RUB 3.6 million.

Cadastral number: 77:01:0006001:1060

Property Tax Relief and Exemptions

138

Building under renovation

2023

Kostomarovskiy Lane, 3, Building 1, Moscow

Tax Savings*

RUB 3.5 million

Building under renovation·6,568 m²

Building under renovation at Kostomarovskiy Lane, 3, Building 1, Moscow (6,568 m²). The project started in November 2023. After 2 months, the client secured property tax relief for 2023. Saving — RUB 3.5 million.

Cadastral number: 77:01:0003002:1020

Cadastral Valuation Appeals

139

Land plot

2017–2020

1st Mitinskiy Lane, Plot 15, Moscow

Tax Savings*

RUB 3.5 million

Land plot·35,046 m²

Land plot at 1st Mitinskiy Lane, Plot 15, Moscow (35,046 m²). The project started in August 2017. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January of each year from 2017 to 2020. By a judgment of the Moscow City Court No. 3a-3834/2019 the cadastral value was set as at 1 January 2018. The cadastral value was reduced by RUB 121.1 million. The land rent was recalculated from the value as determined.

Reduction of cadastral value
RUB 121.1 million

Cadastral number: 77:08:0002001:41

Cadastral Valuation Appeals

140

BC «Donskoy»

2017–2018

Ordzhonikidze Street, 11, Building 10, Moscow

Tax Savings*

RUB 3.4 million

Business centre·5,282 m²

BC «Donskoy» at Ordzhonikidze Street, 11, Building 10, Moscow (5,282 m²). The project started in October 2017. The client achieved a reduction of the cadastral value to market value as at 1 January 2017 and 1 January 2018. The cadastral value was reduced by RUB 118.1 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 118.1 million

Cadastral number: 77:05:0001010:3519

Cadastral Valuation Appeals

141

Business centre

2022

Varshavskoe Highway, 33, Building 13, Moscow

Tax Savings*

RUB 3.4 million

Business centre·8,152 m²·2 properties

Business centre at Varshavskoe Highway, 33, Building 13, Moscow (8,152 m², 2 properties). The project started in June 2022. After 1 year and 1 month, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 131.6 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 131.6 million

Cadastral number: 77:05:0001020:1051; 77:05:0001020:1009

Cadastral Valuation Appeals

142

BC «Brestskaya 30»

2023

2nd Brestskaya Street, 30, Moscow

Tax Savings*

RUB 3.3 million

Business centre·3,691 m²

BC «Brestskaya 30» at 2nd Brestskaya Street, 30, Moscow (3,691 m²). The project started in September 2023. After 1 month, the client achieved a reduction of the cadastral value to market value as at 1 January 2023. The cadastral value was reduced by RUB 83.4 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 83.4 million

Cadastral number: 77:01:0004018:1066

Cadastral Valuation Appeals

143

Administrative building

2021

1st Karacharovskaya Street, 8, Building 1, Moscow

Tax Savings*

RUB 3.2 million

Administrative building·3,420 m²

Administrative building at 1st Karacharovskaya Street, 8, Building 1, Moscow (3,420 m²). The project started in December 2021. After 1 year and 5 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2021. The cadastral value was reduced by RUB 83 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 83 million

Cadastral number: 77:04:0002001:7552

Property Tax Relief and Exemptions

144

Administrative building

2021–2022

Butyrskaya Street, 76, Building 4A, Moscow

Tax Savings*

RUB 3.2 million

Administrative building·1,782 m²

Administrative building at Butyrskaya Street, 76, Building 4A, Moscow (1,782 m²). The project started in June 2021. As a result of the project, the client secured property tax relief for 2021–2022. Saving — RUB 3.2 million.

Cadastral number: 77:02:0021015:1056

Cadastral Valuation Appeals

145

Land plot

2023

Starovagankovskiy Lane, Plot 15/3, Moscow

Tax Savings*

RUB 3.1 million

Land plot·1,943 m²·2 properties

Land plot at Starovagankovskiy Lane, Plot 15/3, Moscow (1,943 m², 2 properties). The project started in July 2023. After 1 year, the client achieved a reduction of the cadastral value to market value as at 1 January 2023. The cadastral value was reduced by RUB 31.3 million. Land tax and property tax on the building were recalculated from the value as determined.

Reduction of cadastral value
RUB 31.3 million

Cadastral number: 77:01:0001003:1024; 77:01:0001003:1065

Property Tax Relief and Exemptions

146

Apartments «Roza Rossa»

2022–2023

Rossolimo Street, 4, Moscow

Tax Savings*

RUB 3.1 million

Apartments·1,855 m²

Apartments «Roza Rossa» at Rossolimo Street, 4, Moscow (1,855 m²). The project started in March 2022. After 1 year and 5 months, the client secured property tax relief for 2022–2023. Saving — RUB 3.1 million.

Cadastral number: 77:01:0005014:1045

Correction of Errors in Cadastral Valuations

147

Administrative building

2024

Krylatskaya Street, 14, Moscow

Tax Savings*

RUB 3 million

Administrative building·3,020 m²·2 properties

Administrative building at Krylatskaya Street, 14, Moscow (3,020 m², 2 properties). The project started in January 2024. After 1 month and 12 days, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 74.7 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 74.7 million

Cadastral number: 77:07:0001004:1036; 77:08:0013002:1025

Correction of Errors in Cadastral Valuations

148

SEC «Atrium»

2023

Zemlyanoy Val Street, 33, Moscow

Tax Savings*

RUB 2.9 million

Shopping and entertainment centre·98,746 m²·2 properties

SEC «Atrium» at Zemlyanoy Val Street, 33, Moscow (98,746 m², 2 properties). The project started in April 2023. After 1 month, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 75.1 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 75.1 million

Cadastral number: 77:01:0003004:1022; 77:01:0003004:2688

Property Tax Relief and Exemptions

149

Administrative building

2023

Nizhniy Zhuravlev Lane, 6A, Moscow

Tax Savings*

RUB 2.9 million

Administrative building·1,948 m²

Administrative building at Nizhniy Zhuravlev Lane, 6A, Moscow (1,948 m²). The project started in November 2023. After 1 month, the client secured property tax relief for 2023. Saving — RUB 2.9 million.

Cadastral number: 77:03:0003013:1110

Challenging regulatory acts

150

BC «Pollars»

2016

Derbenevskaya Embankment, 11, Moscow

Tax Savings*

RUB 2.8 million

Business centre·54,382 m²·2 properties

BC «Pollars» at Derbenevskaya Embankment, 11, Moscow (54,382 m², 2 properties). The project started in July 2017. After 4 months, the client successfully challenged the application of Moscow Government Resolution No. 937-PP of 26 December 2016 to the property. Saving — RUB 2.8 million.

Cadastral number: 77:05:0001001:4224; 77:05:0001001:4479

Correction of Errors in Cadastral Valuations

151

Land plot

2023

Varshavskoe Highway, Plot 33, Moscow

Tax Savings*

RUB 2.7 million

Land plot·10,760 m²

Land plot at Varshavskoe Highway, Plot 33, Moscow (10,760 m²). The project started in June 2023. After 2 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 91 million. The land rent went down.

Reduction of cadastral value
RUB 91 million

Cadastral number: 77:05:0001020:4070

Cadastral Valuation Appeals

152

Land plot

2022

Polkovaya Street, land plot 1, Moscow

Tax Savings*

RUB 2.7 million

Land plot·48,343 m²

Land plot at Polkovaya Street, land plot 1, Moscow (48,343 m²). The project started in March 2022. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 180.8 million. Land tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 180.8 million

Cadastral number: 77:02:0024001:3

Correction of Errors in Cadastral Valuations

153

Administrative building

2022

Chayanova Street, 7, Moscow

Tax Savings*

RUB 2.7 million

Administrative building·2,483 m²

Administrative building at Chayanova Street, 7, Moscow (2,483 m²). The project started in November 2022. After 2 months and 4 days, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 68.6 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 68.6 million

Cadastral number: 77:01:0004017:1010

Correction of Errors in Cadastral Valuations

154

Land plot

2023

1st Mitinskiy Lane, Plot 15, Moscow

Tax Savings*

RUB 2.6 million

Land plot·35,046 m²

Land plot at 1st Mitinskiy Lane, Plot 15, Moscow (35,046 m²). The project started in April 2023. After 1 month and 11 days, the client secured the correction of a cadastral valuation error. A further correction — a judgment of 30 October 2023, 1 month and 8 days after the start on 22 September 2023. The cadastral value was reduced by RUB 115.4 million. The land rent went down.

Reduction of cadastral value
RUB 115.4 million

Cadastral number: 77:08:0002001:41

Cadastral Valuation Appeals

155

Business centre

2022

Ostryakova Street, 3, Moscow

Tax Savings*

RUB 2.4 million

Business centre·2,305 m²·3 properties

Business centre at Ostryakova Street, 3, Moscow (2,305 m², 3 properties). The project started in March 2022. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 53.3 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 53.3 million

Cadastral number: 77:09:0005004:1090; 77:09:0005004:9254; 77:09:0005004:1001

Cadastral Valuation Appeals

156

Residential building «car sales and service centre»

2021

Quarter 6A, 3, Building 1, Moscow

Tax Savings*

RUB 2.4 million

Residential building·7,352 m²·2 properties

Residential building «car sales and service centre» at Quarter 6A, 3, Building 1, Moscow (7,352 m², 2 properties). The project started in November 2021. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2021. The cadastral value was reduced by RUB 39.8 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 39.8 million

Cadastral number: 77:17:0120202:224; 50:21:0120203:1785

Cadastral Valuation Appeals

157

Administrative building

2022

Bolshaya Pereyaslavskaya Street, 46, Building 1, Moscow

Tax Savings*

RUB 2.3 million

Administrative building·1,884 m²

Administrative building at Bolshaya Pereyaslavskaya Street, 46, Building 1, Moscow (1,884 m²). The project started in March 2022. After 1 year and 2 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 59.8 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 59.8 million

Cadastral number: 77:01:0003053:1032

Correction of Errors in Cadastral Valuations

158

Land plot

2024

Volgogradskiy Avenue, Plot 43/1, Moscow

Tax Savings*

RUB 2.2 million

Land plot·10,000 m²

Land plot at Volgogradskiy Avenue, Plot 43/1, Moscow (10,000 m²). The project started in June 2024. After 3 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 72.9 million. The land rent went down.

Reduction of cadastral value
RUB 72.9 million

Cadastral number: 77:04:0002004:32

Challenging regulatory acts

159

Administrative building

2016

Shkuleva Street, 2A, Moscow

Tax Savings*

RUB 2.1 million

Administrative building·3,930 m²

Administrative building at Shkuleva Street, 2A, Moscow (3,930 m²). The project started in September 2018. As a result of the project, the client successfully challenged the application of Moscow Government Resolution No. 937-PP of 26 December 2016 to the property. Saving — RUB 2.1 million.

Cadastral number: 77:04:0004008:1082

Cadastral Valuation Appeals

160

Restaurant / café

2017–2018

Balaklavskiy Avenue, 2, Building 5, Moscow

Tax Savings*

RUB 2 million

Restaurant / café·1,002 m²

Restaurant / café at Balaklavskiy Avenue, 2, Building 5, Moscow (1,002 m²). The project started in November 2017. The client achieved a reduction of the cadastral value to market value as at 1 January 2017 and 1 January 2018. The cadastral value was reduced by RUB 69 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 69 million

Cadastral number: 77:05:0003005:1157

Cadastral Valuation Appeals

161

Land plot

2022

Varshavskoe Highway, Plot 33, Moscow

Tax Savings*

RUB 2 million

Land plot·10,760 m²·2 properties

Land plot at Varshavskoe Highway, Plot 33, Moscow (10,760 m², 2 properties). The project started in June 2022. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 16.9 million. The land rent and the property tax on the building were recalculated from the value as determined.

Reduction of cadastral value
RUB 16.9 million

Cadastral number: 77:05:0001020:4070; 77:05:0001020:1088

Correction of Errors in Cadastral Valuations

162

Land plot

2023

Bolshaya Serpukhovskaya Street, Plot 7, Moscow

Tax Savings*

RUB 2 million

Land plot·2,914 m²

Land plot at Bolshaya Serpukhovskaya Street, Plot 7, Moscow (2,914 m²). The project started in March 2023. After 4 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 86 million. The land rent went down.

Reduction of cadastral value
RUB 86 million

Cadastral number: 77:01:0006013:3137

Correction of Errors in Cadastral Valuations

163

Administrative building

2023

Bolshaya Serpukhovskaya Street, 7, Moscow

Tax Savings*

RUB 2 million

Administrative building·2,620 m²

Administrative building at Bolshaya Serpukhovskaya Street, 7, Moscow (2,620 m²). The project started in May 2023. After 17 days, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 38.4 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 38.4 million

Cadastral number: 77:01:0006013:1051

Correction of Errors in Cadastral Valuations

164

Administrative building

2023

Mayakovskogo Lane, 11, Moscow

Tax Savings*

RUB 2 million

Administrative building·6,369 m²

Administrative building at Mayakovskogo Lane, 11, Moscow (6,369 m²). The project started in January 2023. After 2 months, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 50.1 million. The property's tax liability was reduced.

Reduction of cadastral value
RUB 50.1 million

Cadastral number: 77:01:0006023:1201

Correction of Errors in Cadastral Valuations

165

Land plot

2023

1st Magistralnyy Passage, Plot 11, Moscow

Tax Savings*

RUB 1.9 million

Land plot·12,348 m²

Land plot at 1st Magistralnyy Passage, Plot 11, Moscow (12,348 m²). The project started in April 2023. After 28 days, the client secured the correction of a cadastral valuation error. The cadastral value was reduced by RUB 64.1 million. The land rent went down.

Reduction of cadastral value
RUB 64.1 million

Cadastral number: 77:09:0005016:119

Cadastral Valuation Appeals

166

Administrative building

2016

Izmaylovskoe Highway, 73Zh, Building 1, Moscow

Tax Savings*

RUB 1.7 million

Administrative building·3,680 m²

Administrative building at Izmaylovskoe Highway, 73Zh, Building 1, Moscow (3,680 m²). The project started in March 2017. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2016. The cadastral value was reduced by RUB 131 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 131 million

Cadastral number: 77:03:0005001:1051

Cadastral Valuation Appeals

167

Business centre

2017–2018

Dnepropetrovskaya Street, 4B, Moscow

Tax Savings*

RUB 1.6 million

Business centre·2,966 m²

Business centre at Dnepropetrovskaya Street, 4B, Moscow (2,966 m²). The project started in September 2017. After 10 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2017 and 1 January 2018. The cadastral value was reduced by RUB 56.1 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 56.1 million

Cadastral number: 77:05:0006006:1019

Cadastral Valuation Appeals

168

Administrative building

2022–2023

Bolshaya Serpukhovskaya Street, 7, Moscow

Tax Savings*

RUB 1.6 million

Administrative building·2,620 m²

Administrative building at Bolshaya Serpukhovskaya Street, 7, Moscow (2,620 m²). The project started in December 2022. After 2 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2022 and 1 January 2023. The cadastral value was reduced by RUB 41.4 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 41.4 million

Cadastral number: 77:01:0006013:1051

Challenging regulatory acts

169

Research institution «Printing Machinery Research Institute»

2016

Profsoyuznaya Street, 57, Moscow

Tax Savings*

RUB 1.6 million

Research institution·31,561 m²·3 properties

Research institution «Printing Machinery Research Institute» at Profsoyuznaya Street, 57, Moscow (31,561 m², 3 properties). The project started in March 2017. As a result of the project, the client successfully challenged the application of Moscow Government Resolution No. 937-PP of 26 December 2016 to the property. Saving — RUB 1.6 million. The assessment was revised by a judgment of the Moscow City Court No. 3a-1564/2021.

Cadastral number: 77:06:0004011:1011; 77:06:0004011:4419; 77:06:0004011:4421

Cadastral Valuation Appeals

170

Land plot

2023

Nametkina Street, Plot 10A, Building 1, Moscow

Tax Savings*

RUB 1.6 million

Land plot·6,585 m²

Land plot at Nametkina Street, Plot 10A, Building 1, Moscow (6,585 m²). The project started in May 2023. After 9 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2023. The cadastral value was reduced by RUB 53 million. The land rent was recalculated from the value as determined.

Reduction of cadastral value
RUB 53 million

Cadastral number: 77:06:0004011:1008

Property Tax Relief and Exemptions

171

Business centre

2022

Eniseyskaya Street, 37, Building 1, Moscow

Tax Savings*

RUB 1.6 million

Business centre·5,605 m²

Business centre at Eniseyskaya Street, 37, Building 1, Moscow (5,605 m²). The project started in November 2022. After 11 months, the client secured property tax relief for 2022. Saving — RUB 1.6 million.

Cadastral number: 77:02:0011003:1020

Cadastral Valuation Appeals

172

Land plot

2017–2018

Novodmitrovskaya Street, Plot 5a, Building 9, 10, Moscow

Tax Savings*

RUB 1.5 million

Land plot·3,562 m²

Land plot at Novodmitrovskaya Street, Plot 5a, Building 9, 10, Moscow (3,562 m²). The project started in October 2017. After 3 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2017 and 1 January 2018. The cadastral value was reduced by RUB 51.6 million. The land rent was recalculated from the value as determined.

Reduction of cadastral value
RUB 51.6 million

Cadastral number: 77:02:0021006:44

Cadastral Valuation Appeals

173

Land plot

2022

Dobrolyubova Street, land plot 3/1, Moscow

Tax Savings*

RUB 1.4 million

Land plot·7,719 m²

Land plot at Dobrolyubova Street, land plot 3/1, Moscow (7,719 m²). The project started in January 2022. After 1 year and 4 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The cadastral value was reduced by RUB 96.5 million. The land rent was recalculated from the value as determined.

Reduction of cadastral value
RUB 96.5 million

Cadastral number: 77:02:0021004:1

Cadastral Valuation Appeals

174

Land plot

2022

Nagatinskaya Street, Moscow

Tax Savings*

RUB 1.4 million

Land plot·14,277 m²·4 properties

Land plot at Nagatinskaya Street, Moscow (14,277 m², 4 properties). The project started in June 2022. After 1 year and 1 month, the client achieved a reduction of the cadastral value to market value as at 1 January 2022. The land rent and the property tax on the buildings were recalculated from the value as determined. Saving — RUB 1.4 million.

Cadastral number: 77:05:0004001:2441; 77:05:0004001:1056; 77:05:0004001:1057 and 1 more

Cadastral Valuation Appeals

175

Land plot

2017–2018

Ordzhonikidze Street, Plot 11, Building 10, Moscow

Tax Savings*

RUB 1.4 million

Land plot·2,486 m²

Land plot at Ordzhonikidze Street, Plot 11, Building 10, Moscow (2,486 m²). The project started in October 2017. The client achieved a reduction of the cadastral value to market value as at 1 January 2017 and 1 January 2018. The cadastral value was reduced by RUB 46.3 million. The land rent was recalculated from the value as determined.

Reduction of cadastral value
RUB 46.3 million

Cadastral number: 77:05:0001010:3489

Cadastral Valuation Appeals

176

Administrative building

2019–2020

Artyukhinoy Street, 6B, Moscow

Tax Savings*

RUB 1.4 million

Administrative building·3,492 m²·2 properties

Administrative building at Artyukhinoy Street, 6B, Moscow (3,492 m², 2 properties). The project started in May 2019. After 1 year and 3 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2019 and 1 January 2020. Property tax was recalculated from the value as determined. Saving — RUB 1.4 million.

Cadastral number: 77:04:0004001:11896; 77:04:0004001:138

Property Tax Relief and Exemptions

177

MFC «Loft-quarter Studio#12»

2021

12th Marinoy Roshchi Passage, 8, Building 1, Moscow

Tax Savings*

RUB 1.4 million

Multifunctional complex·2,140 m²·2 properties

MFC «Loft-Quarter Studio#12» at 12th Marinoy Roshchi Passage, 8, Building 1, Moscow (2,140 m², 2 properties). The project started in May 2021. After 1 year, the client secured property tax relief for 2021. Saving — RUB 1.4 million.

Cadastral number: 77:02:0021011:1011; 77:02:0021011:1006

Cadastral Valuation Appeals

178

Land plot

2023

1st Magistralnyy Passage, Plot 11, Moscow

Tax Savings*

RUB 1.3 million

Land plot·12,348 m²

Land plot at 1st Magistralnyy Passage, Plot 11, Moscow (12,348 m²). The project started in August 2023. After 1 year and 3 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2023. The cadastral value was reduced by RUB 43 million. The land rent was recalculated from the value as determined.

Reduction of cadastral value
RUB 43 million

Cadastral number: 77:09:0005016:119

Cadastral Valuation Appeals

179

Land plot

2017–2018

Khavskaya Street, Plot 18, Building 2, Moscow

Tax Savings*

RUB 1.3 million

Land plot·1,055 m²

Land plot at Khavskaya Street, Plot 18, Building 2, Moscow (1,055 m²). The project started in November 2017. After 3 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2017 and 1 January 2018. The cadastral value was reduced by RUB 42.7 million. The land rent was recalculated from the value as determined.

Reduction of cadastral value
RUB 42.7 million

Cadastral number: 77:05:0001007:4668

Cadastral Valuation Appeals

180

Research institution «Printing Machinery Research Institute»

2023

Profsoyuznaya Street, 57, Moscow

Tax Savings*

RUB 1.2 million

Research institution·31,561 m²·2 properties

Research institution «Printing Machinery Research Institute» at Profsoyuznaya Street, 57, Moscow (31,561 m², 2 properties). The project started in October 2023. After 11 months, the client achieved a reduction of the cadastral value to market value as at 1 January 2023. The cadastral value was reduced by RUB 30.7 million. Property tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 30.7 million

Cadastral number: 77:06:0004011:1011; 77:06:0004011:4421

Cadastral Valuation Appeals

181

Land plot

2021

Quarter 6A, land plot 3, Moscow

Tax Savings*

RUB 1 million

Land plot·33,564 m²

Land plot at Quarter 6A, land plot 3, Moscow (33,564 m²). The project started in November 2021. As a result of the project, the client achieved a reduction of the cadastral value to market value as at 1 January 2021. The cadastral value was reduced by RUB 68.9 million. Land tax was recalculated from the value as determined.

Reduction of cadastral value
RUB 68.9 million

Cadastral number: 50:21:0120202:179

* Economic results are based on Consul Group's internal project records. Supporting documents are not publicly disclosed due to client confidentiality. Where a figure includes a period that has not yet closed, it is an estimate.

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