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Bojovic & Partners and Schoenherr Advise on Poseidon Group/Mitiska REIM Co-Investment

Bojovic & Partners and Schoenherr Advise on Poseidon Group/Mitiska REIM Co-Investment

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Bojovic & Partners has advised the Poseidon Group, a British property investment, development, and management company, on the structuring of its co-investment partnership in the Capitol Park Sombor retail park project with Mitiska REIM, which was advised by Schoenherr.

Capitol Park Sombor will span more than 5,600 square meters, of which 2,500 will be occupied by a Lidl supermarket, while the remaining 3,100 square meters will be divided into ten retail stores. The retail park will provide parking for 250 cars. Opening is scheduled for autumn 2017.

According to Bojovic & Partners, "with a catchment area including neighboring Hungary and Croatia, the retail park will primarily serve the 86,000 residents of the Municipality of Sombor and surrounding Vojvodina towns."

The Bojovic & Partners team advising the Poseidon Group on the transaction was led by Partner Marija Bojovic and included Senior Associates Jelena Milacic and Ivan Gazdic.

Schoenherr's team advising Mitiska REIM consisted of ‎Real Estate Partner Ivan Pantovic, Attorney at Law Dijana Grujic, and Head of Real Estate Slaven Moravcevic.

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Karanovic & Partners is a regional legal practice in Southeast Europe with tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, Macedonia and Bosnia & Herzegovina. With more than 100 attorneys at law cooperating across the region, we take pride in our work, dedication and understanding of our clients' industries and needs.

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We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, startups and NGOs. We see our clients as long-term partners.

We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

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In our company culture, excellence is a must. We are reliable, adaptive and fast.

Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

All News about, and Legal Analysis by, Karanovic & Partners can be found here.

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


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