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M&A News

BIG Acquires Promenada Novi Sad

BIG has successfully finalised the acquisition of Promenada Novi Sad from NE Property, in a deal worth around €177 million. Promenada Novi Sad is a prominent retail property in Serbia, and BIG CEE acquired it through its Serbian subsidiary.

Our team, led by Senior Partner Miloš Vučković, Senior Associate Marko Ćulafić, Associate Marina Živanović, and Junior Associate Pavle Vučetić, served as lead counsel, advising BIG on all aspects of the transaction.

On the competition aspects, our Partners Bojan Vučković and Bojana Miljanović Hussey provided counsel, while our Partner Katarina Gudurić advised on the finance stream. For real estate matters, Partner Ana Luković and Senior Associates Milorad Gajić and Nikola Šiljegović assisted the buyer.

 

Partner, Senior Associate, and Associate refer to Independent Attorney at Law in cooperation with Karanović & Partners.

The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.