28
Thu, Mar
72 New Articles

Wolf Theiss Advises Atterbury Europe on Acquisition of Stake in Serbian Shopping Center Portfolio

Serbia
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Wolf Theiss Belgrade has advised Atterbury Europe on its acquisition of a one-third stake in a EUR 259-million gross asset value portfolio of seven Serbian shopping centers with MPC Properties.

The portfolio included the country’s largest mall, the Usce Shopping Center, in Belgrade. In addition, the parties seeded a 50/50 development fund to develop a pipeline of retail real estate assets in Serbia and neighbouring countries in the Balkans. 

Atterbury Europe was founded in 2014 by South Africa’s Atterbury Group property development company, which is engaged in the construction of retail, residential, industrial, and business space and in property lease and management. Atterbury Europe focuses on shopping center investments and retail development opportunities in Europe — particularly in CEE. In July 2015, it made its first landmark investment in a EUR 200-million retail portfolio in Cyprus.  

Wolf Theiss’s team was led by Partners Natasa Lalovic Maric and Miroslav Stojanovic.

Our Latest Issue