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ZSP Advises NLB Komercijalna Banka on EUR 45.5 Million Facility for Crowne Plaza Belgrade Refinancing

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ZSP has advised NLB Komercijalna Banka on a EUR 45.5 million facility for Delta Real Estate for the refinancing of Crowne Plaza Belgrade.

Delta Real Estate operates in the field of residential, business, and commercial real estate development.

According to ZSP, Crown Plaza Belgrade is "one of the city's landmarks and its largest hotel in terms of capacity."

The ZSP team included Partner Jelisaveta Stanisic and Senior Associate Tijana Trivunovic.

Editor's Note: After this article was published, DLA Piper informed CEE Legal Matters that it advised Erste Group Bank AG, Erste Bank Novi Sad, and UniCredit Bank Serbia as the exiting lenders regarding Crowne Plaza Hotel as well as with respect to the financing of an office complex in Belgrade operated by Delta Group. The firm’s team included Austria-based Partner Marcell Nemeth as well as further team members in London.

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.