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Wolf Theiss Advises Erste Bank on Sale of Velenjka Shopping Center

Wolf Theiss Advises Erste Bank on Sale of Velenjka Shopping Center

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Wolf Theiss has advised Erste Group Bank on WG Projektiranje’s sale of the Velenjka shopping center in Velenje, Slovenia, to Velenjka doo. The Ptuj-based Mayr law firm reportedly advised the buyer.

According to Wolf Theiss, the transaction involved "the release of mortgages, land debt, and encumbrances on the business share," in an asset and share deal, as well as the transfer of the Velenjka EU trademark held by WG Projektiranje. The transaction closed on March 31, 2023.

The Wolf Theiss team included Vienna-based Counsel Michael Kienzl and Ljubljana-based Partner Klemen Radosavljevic, Counsel Petra Jermol, and Associate Larisa Primozic.

Wolf Theiss at a Glance

With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

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Wolf Theiss – Leading Lawyers in CEE/SEE