In a conversation with RBC, the historian said that we are talking about real estate that was purchased as the property of persons belonging to the imperial family.

The purchases included forested hunting grounds, areas with “particularly beautiful panoramic views,” and even a city square in Paris.

Large accounts were placed in banks in Switzerland, Great Britain, France, Germany and Austria-Hungary, which were opened by subjects of the Russian Empire, Krushelnitsky recalled.

This was done by representatives of the same “imperial family” and the richest industrialists.

The fate of this property in the post-revolutionary era “turned out to be very doubtful” from a legal point of view.

The publication writes that Russia in the 19th–20th centuries owned a significant part of the coast of Nice.

As noted by historian, researcher at the Institute of Russian History of the Russian Academy of Sciences Alexander Dyukov, St. Nicholas Cathedral in France was also transferred into Russian ownership; it was built in honor of the heir of Emperor Alexander II in the Byzantine style in Nice.