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NKO Partners Advises CTP on Financing for Real Estate Projects in Serbia

NKO Partners Advises CTP on Financing for Real Estate Projects in Serbia

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NKO Partners has advised industrial real estate developer CTP on a EUR 16.5 million financing for its real estate projects in Serbia from Raiffeisen Bank Serbia. CMS advised Raiffeisen Bank on the transaction.

According to NKO Partners, “four project companies of CTP and Raiffeisen entered into a secured term facilities agreement on June 25, 2020, for purposes of financing development and construction of four facilities and refinancing the existing loan with OTP bank Serbia. Two out of four facilities are located in Belgrade, one is located in Novi Sad, and one is in Kragujevac, and their total net leasable area amounts to approximately 72,000 square meters.”

NKO Partners’ team was led by Senior Associate Marina Nikolic.

Editor's note: After this article was published, CEE Legal Matters learned that CMS's team included, in Serbia, Partner Milica Popovic and Lawyer Ksenija Boreta, and in Sofia, Partner Elitsa Ivanova and Associate Katerina Hristova. More information about CMS's involvement in the deal can be found here.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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