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Karanovic & Partners Advises Big Shopping Centers on Tel Aviv Stock Exchange Transaction

Karanovic & Partners Advises Big Shopping Centers on Tel Aviv Stock Exchange Transaction

Serbia
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Karanovic & Partners, alongside Dentons and Weksler Bregman, has advised Big Shopping Centers on raising approximately EUR 55 million through issuing secured bonds on the Tel Aviv Stock Exchange by refinancing the Big Fashion Kragujevac, Big Krusevac, and Big Fashion Outlet Indjija shopping centers in Serbia.

Big Shopping Centers is the controlling shareholder of Big CEE. The Big CEE Group is an investor in retail real estate and has a portfolio of nine shopping centers in Serbia and four additional residential, office, and logistics projects. According to Karanovic & Partners, “Big Group intends to use the proceeds from this bond issue to further advance its expansion in Serbia and the Balkan region.”

Karanovic & Partners’ team included Senior Partner Milos Vuckovic, Partners Katarina Guduric and Maja Jovancevic Setka, and Associate Dimitrije Ilic.

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