I have a TeamCity install on x32 Server2008 windows machine. I\'ve run the .net 4.5 web install. I\'ve also copied over the files from my x64 machine based on this article
In my case - only separate installation of MSBuild for VS2013 helped. (here is link - https://www.microsoft.com/en-us/download/confirmation.aspx?id=40760 ) It created this folder C:\Program Files (x86)\MSBuild\12.0 Installation of MSBuild tools for VS2015 created C:\Program Files (x86)\MSBuild\14.0 this folder, and TC didn't want to use it.