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MVJ Advises IKEA on Construction and Opening a Retail Park in Belgrade

MVJ Advises IKEA on Construction and Opening a Retail Park in Belgrade

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Markovic Vukotic Jovkovic has advised IKEA on the construction and opening of a retail park in Belgrade, next to an existing IKEA store.

Ava Shopping Park is positioned right next to an existing IKEA store in the Bubanj Potok municipality. The project represents a EUR 50 million investment by IKEA, covering 19,000 square meters and housing over 35 domestic and international brands. According to IKEA General Project Manager Branko Mihajlov an additional 10,000 square meters will be developed soon.

Editor's Note: After this article was published, MVJ informed CEE Legal Matters that their team working on the deal included Partners Nikola Vukotic, Uros Markovic, and Dusan Djordjevic and Senior Associates Lazar Todosijevic, Marija Grujeska, and Bojana Racanovic.

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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