T-Technologies Says Full Control Is Condition for Cian Buyout
T-Technologies will buy Cian shares only if it gains full control of the real estate platform, its CFO said, ruling out a minority stake.
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giftdetect· the right gift in minutesT-Technologies will go ahead with its buyout of Cian shares only if it obtains control of the online real estate platform, CFO Igor Gerasimov told journalists during a conference call. The group announced its intention to buy up to 100% of the listings aggregator on 6 November 2026.
No interest in a minority stake
Gerasimov said the company is not interested in a minority investment, meaning a non-controlling holding of less than 50% that gives the investor no say over strategy. As a strategic investor, the holding wants full operational and strategic control of Cian, he said, because that is the only way to realize the expected benefits of combining resources. He added that T-Technologies has no agreement with Cian's owners.
Terms of the offer
The voluntary offer was submitted to the Bank of Russia in early November. T-Technologies is offering 993.05 rubles per share, 29.3% above the closing price on 5 November. It aims to acquire between 50% and 100% of the shares and expects to close the deal in the first quarter of 2027.
The central bank will first review the offer and then pass it to Cian. The platform's board of directors will prepare its recommendations before the proposal goes to shareholders. If the deal goes through, Cian would keep its brand and current team but operate within the T-Technologies group.
Cian said on 6 November that it had not received an official proposal and that the offer only reflects a publicly stated intention. No decision on the transaction has been made.
About Cian
Cian has operated in Russia since 2001, aggregating listings for the sale and rental of residential and commercial property. According to the company, it had 20.2 million unique monthly users in 2025, with an average of 2.1 million active listings per day. In the first half of 2026, net profit reached 2 billion rubles, twice the previous year's figure, while revenue rose 20.5% to 8.3 billion rubles.
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