Partner

Natalia Kushniruk

Languages

Ukrainian
English
Russian

Natalia Kushniruk is a Real Estate Partner at CMS Ukraine. Natalia has 19 years of experience advising clients, including major international and leading Ukrainian developers, banks, property funds and embassies, on various aspects of property acquisition and development governed by Ukrainian and English law, land allocation and rezoning, real estate finance and mediation. She specialises in investment, development and large-scale project work across a broad range of sectors, including energy, retail, agribusiness, infrastructure, manufacturing, hotels & leisure, office and logistics.

Natalia through her carrier conducted over 200 due diligence of real estate objects and land for various international clients. She acted on several significant buy-side and sell-side English-law governed deals in Ukraine, such as sale and acquisitions of the shopping malls, office centres and residential complexes, over 40 renewable power projects in Ukraine, the construction of ones of the largest production plants and infrastructure projects. Natalia also advises clients on potential infrastructure projects and actively involved in the development of new legislation necessary to facilitate private investment in Ukraine’s infrastructure.

Natalia is a recommended lawyer in the Chambers Europe for 3 years in a row in the field of real estate law in Ukraine, which reports her to be a "very good specialist" who provides "well-balanced” solutions. Also Natalia is ranked as the Best Lawyer in Construction, Merger & Acquisition and Real Estate by Best Lawyers ranking. Clients often praise Natalia’s impressive knowledge of the real estate sector, professionalism, and ability to provide solutions effectively while handling complex legal matters.

Awards & Recognitions

01 –

Quote

"Natalia Kushniruk is a standout practitioner who provides comprehensive, coherent and considered legal advice. She fully understands our needs as a client, and I trust her implicitly to lead negotiations on our behalf."

The Legal 500, 2023
Quote

“Natalia Kushniruk was amazing, very professional and very customer oriented. She clearly has significant experience in Ukraine”

Client feedback, 2023

Relevant experience

Arise AB on its acquisition of a 70% stake in Norway and Ukraine-focused renewables developer Fenix Repower AS in a bid to diversify its business technologically and gain a foothold in the Ukrainian market
Goldbeck Solar Investment GmbH, international company specializing in the turnkey construction of industrial and large-scale photovoltaic power plants on:
- the contemplated acquisition of a portfolio of RES projects in Ukraine (due diligence and transactional parts)
- establishing a JV with EBRD owning a portfolio of RES projects in Ukraine
a consortium led by NJJ Holding, the investment firm owned by Xavier Niel, founder of European telecom group Iliad and U.S. private equity firm Horizon Capital, on the landmark acquisition of Datagroup-Volia, Ukraine’s leading fixed telecom and pay TV provider, and Lifecell, the country’s third-largest and fastest-growing mobile operator
EBRD on EUR 9.6 million loan to Agrosem to improve Ukraine’s grain export facilities by expanding rail terminal near Polish border and building grain transhipment complex
FAS Energy on conducting a legal due diligence and preparing a red-flag report on a data centre
Ukrainian Elevator Company on legal due diligence of a silo and adjacent buildings for purchase
Major Ukrainian mining and processing plant on reviewing environmental and land documents related to an inspection by the State Environmental Inspectorate, developing legal arguments regarding unlawful demands by the state authorities and replies to claims by those authorities
An American multinational technology company that specializes in Internet-related services and products, on a variety of real estate matters in view of global acquisition and extension of their office and R&D centre
A well-known international integrated shipping company on complex legal advice on structuring of acquisition of the land plots and development of the warehouse
Bank Gospodarstwa Krajowego and KUKE S.A. on complex due diligence of 3 (three) shopping malls covering land, construction, corporate, environmental, utilities and other matters
Full legal support for Air Products for the construction on the plant, including land allocation, construction agreements drafting and negotiating, tax and customs, equipment supply and certification, HSE requirements, permitting and regulatory support. We also participate in negotiations with subcontractors and state authorities on behalf of the client
Meyer Bergman on English and Ukrainian law aspects of the sale of Aladdin Shopping Mall in Kyiv, one of the biggest and most popular malls in Ukraine (the size of the property (10,600 sq m))
M.V. Cargo on the USD 100 million joint venture with Cargill for the construction of a new grain terminal in Ukraine’s Black Sea port of Yuzhni
One of the world’s leading sport and clothing companies on the expansion of its operations to Ukraine to produce winter sports products (skis, ski boots, ski bindings) with production facilities area of up to 50,000m2 on 25 ha of land plot (this project is one of a very few greenfield development projects in Ukraine)
Vestas on a number of construction matters, including drafting of the core construction agreements in Ukraine for a number of wind power projects: Botievo (200 MW); Stavki & Beregovaya (21 MW); Stariy Sambir (13,2 MW); Novorosiyke (9 MW)
International renewable energy group on a construction project of the 500 MW onshore wind farm in Ukraine, including completion of complex real estate due diligence of the current project, as well as complex advice on real estate and construction matters resolving land, environmental, regulatory, interconnection, and other issues
A private equity company on negotiating the terms of construction and operation of a grain terminal; potential acquisition of port-related assets located on the Black sea
One of the largest electricity producers in Ukraine on the renovation project for their two (2*330 MW) coal-fired power plant blocks, including advising on complex construction matters, in particular drafting, reviewing and negotiating FIDIC Silver (EPC Turnkey Contract) Book
EBRD on Lviv, Odesa, Kharkiv and Kyiv office leases, including assistance with the ownership title and due diligence, drafting, negotiating, as well as drafting and negotiation of all relevant contractor agreements for the fitting out of the new premises
EBRD on real estate and construction issues with respect to a USD 60 million loan to Brooklyn-Kyiv LLC for the purposes of construction of a grain transhipment complex to be located in the Odesa Port of Ukraine
A Norway-based solar power developer on successfully completed the acquisition of the companies leasing the land plots for the purpose of construction of three solar plants in the Mykolaiv and Cherkassy regions of Ukraine and three solar plants in Kherson, Kyiv and Mykolaiv regions, in particular, provided full legal support for the acquisitions of the projects (in pre-construction phase), including due diligence on various plots of land in 6 out of 24 regions of Ukraine, as well as drafting and negotiating transactional documents under Ukrainian and English law
Acciona Energia on all aspects of its joint venture projects with UDP Renewables, a leading Ukrainian investment and development company for the renewable energy sector, to construct two solar power plants with a total peak capacity of ca. 44 MW in the Odesa region
US Embassy in Ukraine on mediation process in respect of an office lease, as well as with respect to residential leases for the Embassy’s employees
Embassy of Poland in Ukraine on various issues related to the right of ownership to the Embassy’s building in Kyiv, Ukraine
A global agricultural commodities merchant on English and Ukrainian law aspects of the acquisition of two Ukrainian companies in Kirovograd and Mykolaiv regions for the purposes of extension of their land bank
American IT company on reviewing, amending and negotiating three office lease agreements in Kyiv
A Belgian mineral and metal extraction company on conducting extensive two-stage due diligence with respect to a group of companies that own clay production fields in Ukraine
An American electric automotive and energy company on various issues pertaining to the construction of supercharger network of fast-charging stations in Ukraine
Hartwall Capital:
o on the sale of Lviv Opera Passage, a shopping mall in the downtown of Lviv;
o transaction governed by English law in relation to the sale of real estate assets in downtown Lviv
Vector Investments on the hotel management agreement and ancillary agreements with Hyatt International (Europe Africa Middle East) for a Hyatt Regency Moscow Istra Resort in Moscow

Publications

2023

May 2023 – Ukraine boosts construction of electric charging infrastructure and electric vehicles

2022

September 2022 – Ukraine reforms housing market by introducing new transferable titles to future apartments
September 2022 – Ukraine passes law to make war recovery projects more attractive to investors
June 2022 – Ukrainian Parliament Exempts Industrial Parks from Taxes and Duties
June 2022 – Ukrainian parliament eases regulation of agricultural sector amid Russian invasion
June 2022 – Ukraine again amends land use legislation to meet war challenges
June 2022 – Ukraine introduces priority urban planning measures to overcome the war consequences
June 2022 – Ukraine extends municipal and state property leases, provides aid to tenants
May 2022 – War Damages in Ukraine: All you need to knowto obtain compensation
May 2022 – Ukraine further simplifies notarial and state registration procedures
April 2022 – Ukraine passes simplified procedures for acquisition of agricultural lands
March 2022 – Business during the Martial law in Ukraine
February 2022 – New Ukrainian laws transfer land plots for transactions involving buildings
February 2022 – Ukrainian tender underway for Kyiv Bypass Road

Memberships & Roles

Member of European Business Association (EBA)
Member of American Chamber of Commerce in Ukraine (ACC)
Member of Confederation of Builders of Ukraine in Ukraine

Education

2005 – Master degree in Law, National University of Kyiv-Mohyla Academy, Ukraine
2004 – Specialist degree in Law, National University of Kyiv-Mohyla Academy, Ukraine
2003 – Bachelor degree in Law, National University of Kyiv-Mohyla Academy, Ukraine

Practice Areas

Real Estate

sectors

Infrastructure & Projects Hospitality, Travel & Leisure in Ukraine

Insights

Global Reach

Insights

Global Reach

Select your region

Natalia Kushniruk

Languages

Relevant experience

Publications

Memberships & Roles

Education

Practice Areas

sectors

Insights by Natalia

Ukrainian lawmakers propose extending transition period for zoning reform...

Rebuilding Ukraine

Ukraine amends Civil Code to protect bona fide acquisition of state property

Protective shelters and structures for employees and company infrastructure:...

Insights

Global Reach

Select your region

Natalia Kushniruk

Languages

Relevant experience

Publications

Memberships & Roles

Education

Practice Areas

sectors

Insights by Natalia

Ukrainian lawmakers propose extending transition period for zoning reform...

Rebuilding Ukraine

Ukraine amends Civil Code to protect bona fide acquisition of state property

Protective shelters and structures for employees and company in­fra­struc­ture:...

Protective shelters and structures for employees and company infrastructure:...