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DTB and Macesic & Partners Advise on M7 Real Estate's Sale of Mani Business Center

DTB and Macesic & Partners Advise on M7 Real Estate's Sale of Mani Business Center

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Divjak, Topic, Bahtijarevic & Krka has advised M7 Real Estate Croatian subsidiary M7 Central European Real Estate Fund I on its sale of the Mani Business Center to the Raiffeisen Pension Insurance Company. Macesic & Partners advised Raiffeisen Pension Insurance.

According to DTB, the Mani Business Center is a 12,900-square-meter multi-let office building. “M7 will continue to asset manage the property on behalf of the new owner. The sale completes the divestment of M CEREF I, a value-added fund comprising a portfolio of 21 logistics, office, and retail assets in key Central European markets, generating total sale proceeds of EUR 182 million and an IRR of 25%, significantly ahead of the Funds’ business plan.”

DTB’s team included Partner Martina Kalamiza and Associate Marta Hren.

Macesic & Partners' team included Partner Ivana Manovelo and Attorney Zrinka Buzatovic.

Croatian Knowledge Partner

Čipčić-Bragadin Mesić & Associates is one of the leading law firms in Croatia that serve companies, credit & financial institutions and public entities. We have been recommended and recognized as the legal experts and service leaders by many leading international legal guides for more than 15 consecutive years. With roots dating from 1928. we now probably have more tradition, experience and market presence than almost any other law firm in Croatia. We work closely with the leading international law firms and consultants so we’re able to manage complex, cross-border projects and deals seamlessly and successfully. Around 85% of our clients are international enterprises doing business in Croatia. List of our clients include some of the world-renowned companies such as Amazon Europe Core, China Machinery Engineering Corporation, Tate & Lyle, Nafta a.s., Unilever Croatia, Unilever Hungary, Lenovo, Innoenergy CE, Flixmobility, Flixbus CEE South, Okoenergie Group, CTC Holding, Bunge Limited, Chipita, Rolls-Royce, Canvas Holidays, Vacalianselect, Redgate Software, Red gate Investment, Yahoo!, Aston Martin Lagonda, Domino Printing UK, Domino Printing Sciences, Goldman Sachs, Deutsche Bank, Barclays Bank, HSBC, State Street Bank, Citigroup Global Markets, Credit Suisse, Bank of America Merill Lynch, Standard Chartered, Och-Ziff Capital Management, Amundi Asset Management, Altima International, Red Arc Global Investments, SMBC Nikko Capital Partners, Royal Bank of Scotland, Morgan Stanley International, J.P. Morgan group, Allianz Global Investors, Schroders, Macquarie Bank, Digital Finance International, Winton Capital Management, Citibank, Invesco Asset Management Österreich, Croatian Pension Investment Company, Unicredit Bank AG etc. We enjoy learning about our clients’ businesses and want to understand them completely so we can provide the best possible and complete service.

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Firm's website: cipcic-bragadin.com

 

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