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Another Large Acquisition for BIG

BIG CEE Acquires the Capital Plaza

In one of the largest investments in the Montenegro market, BIG CEE acquired the Capital Plaza in Podgorica, sold by the Abu Dhabi Capital Group.

Capital Plaza, a premium facility, includes over 55,000 square meters of office space located in two towers, luxury apartments that can be rented for residential and business needs, a 122-room hotel, and a retail zone on two levels, all in the heart of the Podgorica business zone.

Our Partner Ivan Nonković, Senior Associates Marko Ćulafić and Sandra Perišić, and Junior Associate Tamara Đukić advised BIG CEE during this transaction.

BIG CEE is the subsidiary of BIG Shopping Centers Israel, operating twelve active shopping centers, ten in Serbia, and two in Montenegro, only one year after acquiring DELTA CITY Mall in Podgorica.

Abu Dhabi Capital Group is a large, private investment company based in the United Arab Emirates.

 

Partner and Senior 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.