Komnenic & Associates has advised Sunny Estates on the acquisition of the former Hotel Galeb location in Ulcinj from the Roksped Group.
According to Komnenic & Associates, a five-star hotel is to be developed at that location in the next four years, for an investment of approximately EUR 80 million.
Sunny Estates is a Golden Group project company, investing in hotels in Montenegro.
Roksped is a Montenegrin company specializing in wholesale import and export.
